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 156 Bank-funded FMIS projects in 83 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.

GovTech DATASET

In collaboration with the 2016 World Development Report team, another global dataset was developed to present the trends in modernization and integration of public financial management (PFM) systems and online services (e-Services) in 198 economies worldwide. Basic information on core government systems and online services can be found in the GovTech Dataset.

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 156 projects (134 completed + 22 active) in 83 countries.

• As of July 2024, the total project cost (156 investments) is around $6.172 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 $2.677 billion (FMIS, HRMIS/Payroll, PIMS, Procurement, etc.)
• The total investment only on FMIS components of these activities is around $1.226 billion.

FMIS WORLD MAP

The FMIS World Map presents basic information about 194 FMIS solutions in 198 economies worldwide using Google Maps. Detailed information about these FMIS platforms and government practices related to publishing open budget data can be found in the FMIS & OBD Database [XLS]. This database was developed as a part of the World Bank study (FMIS & Open Budget Data: Do Governments Report on Where the Money Goes?) released in September 2013 (available in nine languages) to present good practices and guidelines for publishing reliable open budget data from FMIS. 

Last Updated: Jul 22, 2024

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?