NEW FINANCIAL MANAGEMENT AND INFORMATION SYSTEM TO GO LIVE SOON

The first phase of the Solomon Islands Government (SIG) new Financial Management and Information System (FMIS) goes Live on 4 October with the 4 largest SIG Ministries (MHMS, MEHRD, MPNSCS and MoFT).

The Accountant General Mr Bruce Philips says the new FMIS is a flagship Microsoft application D365 and will lay the platform for improved financial management and governance across SIG for many years to come.

This new system provides many new features compared to the existing FMIS and significantly improves financial control, governance and provides improved efficiency of financial transaction processing across SIG.

This introduction of the new FMIS has been funded by the Australian Government (DFAT) at a cost of over SBD25m. The project commenced 3 years ago and the phase 1 to Go Live is the culmination of dedication and effort by the Treasury FMIS project team with generous support from many SIG Ministries.

Many challenges have arisen during the development period including Covid 19 which meant the support team from our implementation partner, DXC Eclipse, were not able to travel to Solomon Islands to assist the local SIG team on the ground.  However the project team has risen to the challenges to get us to this stage. The Ministry of Finance and Treasury and the Solomon Islands Government are both extremely thankful to DFAT for their very generous and ongoing support throughout the duration of this project.

The Accountant General stated that this significant undertaking is a great story of collaboration between local Solomon Island expertise and in country expat resources along with our overseas development partner to achieve an outcome that will provide significant benefits for financial transaction processing and control, financial governance and financial management reporting for many years to come.

Phase 2 of the implementation will include 6 further SIG ministries, OPMC, MFMR, MAL, MCA, MID and MPS in November 2021.

-GCU Press