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State agencies outline long-running plan to modernize aging financial management systems
Summary
Agency leaders told the Joint Committee on Information Management and Technology that a full replacement of the statewide financial management application (SFMA) will wait until payroll modernization is complete, while agencies will tactically modernize subsystems such as forecasting, cash flow and invoicing to reduce reliance on legacy mainframe components.
Co-chair Manning and members of the Joint Committee on Information Management and Technology heard from Department of Administrative Services Director Betsy Eimholt and Oregon Department of Transportation officials on Sept. 30 about plans to modernize the state’s financial systems.
Betsy Eimholt said the statewide financial management application was implemented in the mid-1990s and that the department will sequence work so payroll modernization — driven by recently negotiated pay-practice changes — is completed first. "The finance system... impacts every expenditure that the state of Oregon makes," Eimholt told the committee, emphasizing the need for enterprise governance and careful requirements work before a full SFMA replacement.
ODOT Chief Informati…
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