These projects will address weaknesses in the computer applications that feed data to the primary financial management system, to ensure accuracy of information and better tracking of money spent.

The VA is migrating to a new Integrated Financial and Acquisition Management System, or iFAMS, to modernize its outdated system.

Modernizing the state system will require more than just new technology. The undertaking will include a careful “change management” process to receive input and feedback from Hawaii staffers.

A Hawaii state agency is seeking more than $60 million to upgrade a centralized financial management system after halting botched work on the critical project last year.

The World Bank approved an US$8 million grant to advance public financial management (PFM) reforms. The second phase of the Public Financial Management Improvement Project aims to strengthen ...