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DOA: GFMIS rollout reducing manual work but migration and vendor costs remain major hurdles
Summary
Department of Administration officials said the Guam Financial Management Information System (GFMIS) has improved financial monitoring and payroll processing but requires continued data cleansing, vendor change orders and additional upgrades; the GFMIS contract moves from higher implementation payments to lower maintenance costs in 2026.
Department of Administration officials told the finance committee on June 19 that the new Guam Financial Management Information System (GFMIS) has enabled monthly budget-versus-actual reporting and faster payroll processing, but the migration of legacy accounts and additional vendor work remain active issues.
Theresa Rivers, DOA chief financial officer, said DOA started issuing the new budget-versus-actual reports in January and has been sending monthly updates to agency directors to improve cash management and invoice processing. Rivers said DOA has asked agencies for feedback and is…
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