Financial Management Information Systems (FMIS)

Financial Management Information Systems (FMIS)

Financial Management Information Systems (FMIS) support the automation and integration of public financial management processes including budget formulation, execution (e.g. commitment control, cash/debt management, treasury operations), accounting, and reporting. FMIS solutions can significantly improve the efficiency and equity of government operations, and offer a great potential for increasing participation, transparency and accountability. Whenever FMIS and other PFM information systems (for example, e-procurement, payroll, debt management) are linked with a central data warehouse (DW) to record and report all daily financial transactions, offering reliable consolidated platforms can be referred to as integrated FMIS (or IFMIS). The World Bank is a leading provider of financing and technical assistance for FMIS development.

FMIS DATA MAPPER

The FMIS Data Mapper provides quick access to 162 Bank-funded FMIS projects in 84 countries in Google Maps.  Detailed information about the Bank-funded FMIS projects can be found in the FMIS Database [XLS]. FMIS Database was originally developed as a basis for the first FMIS Study (FMIS: 25 Years of World Bank Experience on What Works and What Doesn't) published in April 2011 (available in nine languages) to share the developments and lessons learned in World Bank Funded projects, and updated twice a year since then.

STATUS OF FMIS PROJECTS

The World Bank Group has leading edge knowledge and substantial global experience to assist in the development or modernization of treasury systems and the establishment of integrated Public Financial Management (PFM) frameworks. Since 1984, the World Bank has financed 162 projects (136 completed + 24 active + 2 pipeline) in 84 countries.

• As of January 2025, the total project cost (160 investments) is around $6.315 billion including borrower co-financing.
• The World Bank has provided $5.283 billion for these projects, which include additional components that go beyond FMIS.
• Total ICT/eGov investment in all closed + active projects is around $2.697 billion (FMIS, HRMIS/Payroll, PIMS, Procurement, etc.)
• The total investment only on FMIS components of these activities is around $1.247 billion.

Last Updated: Jan 06, 2025

FMIS Community of Practice (FMIS CoP) was established in September 2010, as a platform for exchanging information, good practices, and experiences gained in the design and implementation of FMIS solutions.

BLOGS

• The FMIS community moves on
• Do governments report on where the money goes?