Factors Influencing the Implementation of Integrated Financial Management Information Systems: Study Focus on Bangladesh

Authors

  • Md Asad Noor Green Business School, Green University of Bangladesh

DOI:

https://doi.org/10.48165/sajssh.2022.3202%20

Keywords:

Bangladesh, Integrated Financial Systems, Management Information Systems, Roger’s Theory, System Theory

Abstract

Background of the study: Integrated Financial Management Information Systems (IFMIS) can help improve public sector management by giving managers real-time financial data to make better decisions. The Bangladeshi Public Service is currently busy with the implementation of an IFMIS. However, implementing IFMIS such a project has proved to be a demanding undertaking and has not been met with resounding success.

Objectives of the research: The research is primarily focused to identify the factors influencing the implementation of IFMIS in Bangladesh. Along aside, this paper assesses the influence of technical capacity of staff on implementation of IFMIS in Bangladesh’s public institutions and staff resistance on the deployment of IFMIS.

Methodology of the research: The paper draws from two theories in investigating the issues of IFMIS adoption for public financial management. The theories include System Theory and Rodger’s Theory. A simple Random sampling technique is used to collect the information from targeted respondents with a structured questionnaire. Around 80 respondents were selectively targeted.

Findings of the research: One of the Major findings of the study is that the governments have a strategic plan that recognizes political, administrative, and capacity limits that were found to be supported by respondents. The study indicates that the government has revised the wage structure to compete with the private sector and to prevent skilled employee turnover. Research

shows that employees have the necessary skills and credentials to implement IFMIS. Furthermore, the study looked at how IFMIS deployment is affected by capacity and abilities. Contributions of the research: The results revealed a significant connection between capacity and skills and IFMIS deployment. However, it is found that the infrastructure is central concern for successful IFMIS implementation. Moreover, the government's interaction with the external consultants is seen to be indecisive. Finally, the study recommends that government should uphold the strategic plan that identifies all the constraints and should have detail plan for maintaining its education system's alignment with information technology.

References

Al-Shboul, M. R.-S. (2014). Challenges and Factors Affecting the Implementation of E Government in Jordan. Journal of Software Engineering and Applications.

Brar, P. (2010). IFMIS in Africa: Some key issues.

Chebet, R. (2013). The Critical Success Factors in the Implementation of the Re Engineered Integrated Financial Management Information System in Government Ministries, Kenya. Nairobi: University of Nairobi, Department of Business Administration.

Chêne, M., 2009, The Implementation of Integrated Financial Information Management Systems (IFMS)

Dener, C. W. (2011). Financial Management Information Systems: 25 Years of World Bank Experience on What Works and What Doesn't. World Bank Publications.

Diamond, J. & Khemani, P. (2006). Introducing financial management information systems in developing countries. OECD Journal on Budgeting, 5(3), 97-132.

Dorotinsky, B., 2003, Implementing financial management information system projects: The World Bank experience

Dorotinsky, W. & Matsuda, Y., 2001, Financial management reform in Latin America: An institutional perspective

Galvan, J. (2006). Writing literature reviews: A guide for students of the social and behavioral sciences (3rd ed.). Glendale, CA: Pyrczak Publishing.

Gichoya, D. (2005). Factors Affecting the Successful Implementation of ICT Projects in Government Research School of Informatics. Loughborough University, UK.

Hendriks, C.J. (2012). Integrated financial management information systems: Guidelines for effective implementation by the public sector of South Africa. SA Journal of Information Management, 14(1), 1-9.

Hoe, D. (2013). Financial Supervision: Integrated or Specialized. Journal of International finance, 2.

Hove, M. & Wynne, A., 2010, The experience of medium-term expenditure framework & integrated financial management information system reforms in sub-Saharan Africa: What is the balance sheet?

Indeje, W.G. & Zheng, Q. (2010). Organizational culture and information systems implementation: A structuration theory perspective. Sprouts: Working Papers on Information Systems, 10(27), 1-15.

Kahari, C. K. (2015). Assessment of Factors Affecting the Implementation of Integrated Financial Management Information System in The County Governments

Kang ‘ethe, P. (2002). ICT in Learning Institutions. Nairobi: First Edition; Longman Publishers, Kenya.

Kiilu, R. M., & Ngugi, K. (2014). Effect Of Public Financial Management Reforms in The Effective Management of Public Funds in Kenya- A Case Study of The National Treasury. European Journal of Business Management, 2, 8.

Kimwele, J. M. (2012). Effective Implementation of the Integrated Financial Management Information System in Kenya public Sector., University of Nairobi. Nairobi: Unpublished MBA project.

Lanyon, R., & Goodstein, L. (1982). Personality assessment (2nd ed.). New York: John Wiley & Sons.

Lianzuala, A. & Khawlhring, E., 2008, Mizoram IFMIS Project

Lundu, B. L. (2015). Effect of integrated financial management information system (IFMIS) implementation on supply chain management performance in the devolved government systems in Kenya: A case of Nairobi city county government. International Academic Journal of Procurement and Supply Chain Management, 1 (5), 1-26.

Micheni, E. (2017). Analysis of the Critical Success Factors of Integrated Financial Management Information Systems in Selected Kenyan Counties. Journal of Finance and Accounting., Vol. 5, No. 5.

Muijs, D. (2004). Doing quantitative research in education with SPSS. Thousand Oaks, CA: Sage Publications.

Njenga, A. N., Omondi, M. M., & Omete, F. I. (2014). Financial Management Reforms and the Economic Performance of Public Sector in Kenya. European Journal of Business and Management, 6.

Odago, M. O. (2013). Factors Affecting Effective Implementation of E-Procurement in County Governments: A Case Study of Kajiado County, Kenya. International Journal of Business & Law Research in African Literatures, 1.

Omwoha, E. A., & Getuno, P. (2015). Constituents That Affect the Implementation of Sustainable Public

Opiyo, N. (2017). Effects of Integrated Financial Management Information System (IFMIS) on cash management in Kenya: case of Kisumu County Government, Master thesis, the Catholic University of East Africa. Retrieved from http://ir.cuea.edu/jspui/hand

Patwary, A. K. (2017). The Influence of Socio-Demographic Factors in Domestic Tourists Complaining Constraints with Hotel Services. Published Masters Dissertation, Universiti Utara Malaysia.

Patwary, A. K. (2020). Developing a Conceptual Framework on Retailers’ Performance Towards Tourists’ Shopping Satisfaction, South Asian Journal of Social Sciences & Humanities, 1(1), 60-67.

Patwary, A. K., & Omar, H. (2016). An overview of consumer complaining behavior and the choice of complaint channels in service industry. International Journal of Business and Technopreneurship, 6(2), 309-318.

Patwary, A. K., & Rashid, B. (2016). The impacts of hospitality services on visit experience and future visit intention of student travelers. International Journal of Business and Technopreneurship, 6(8), 107-125.

Patwary, A. K., Mohamed, M., Rabiul, M. K., Mehmood, W., Ashraf, M. U., & Adamu, A. A. (2022). Green purchasing behaviour of international tourists in Malaysia using green marketing tools: theory of planned behaviour perspective. Nankai Business Review International. Vol. ahead-of-print No. ahead-of-print, pp. 000-000.

Patwary, A. K., Omar, H., & Tahir, S. (2020). A Conceptual Model of What Influences Consumers When Visiting Green Hotels in Malaysia. International Journal of Innovation, Creativity and Change, 11 (11), 11-25.

Peterson, S. (2006). Automating public financial management in developing countries. Kennedy School of Government Working Paper No. RWP06-043

Peterson, S.B. (1998). Saints, demons, wizards and systems; Why information technology reforms fail or underperform in public bureaucracies in Africa. Public Administration and Development 18, 37-60.

Polit, D. F., & Hungler, B. P. (1999). Nursing research: principles and methods. Philadelphia: JB Lippincott Company.

Procurement In Kenyan Public Universities: A Case of Technical University of Kenya.

Rodin-Brown, E. (2008). Integrated Financial Management Information Systems. New York: The Louis Berger Group, Inc.

Rozner, S. (2008). Best practices in fiscal reform and economic governance: Introducing integrated financial management information systems.

Sahin, I. (2006). Detailed review of Rodgers’ diffusion of innovations theory and educational technology – related studies based on Rodgers’ theory. The Turkish Online Journal of Educational Technology, 5(2), 14-23.

Secretariat, C. (2014). In: SHAH, A., ed. 9th Annual CABRI Seminar Exploring the Missing Links in Public Financial Management Reforms, 28-30 August 2013 2013 Nairobi. Pretoria: Collaborative African Budget Reform Initiative (CABRI).

Wabala. S., W... (2017). Factors Influencing the Implementation of Integrated Financial Management System Projects Among State Corporations in Kenya. International Journal of Innovations, Business and Management (IJIBM).

Wang, R. Y. (2005). Redefining the Scope and Focus of Information Quality Work: Advances in Management Information Systems. New York: Sharp inc.

World, B. (2015). Managing Change in PFM System Reforms a Guide for Practitioners. Retrieved March 8, 2017.

World, B. (2021). Financial Management Information System. July 19, 2021. https://www.worldbank.org/en/topic/governance/brief/financial-management-information systems-fmis

Downloads

Published

2022-04-05

Issue

Vol. 3 No. 2 (2022): South Asian Journal of Social Sciences and Humanities, (Apr) 2022

Section

Articles

License

Copyright (c) 2022 South Asian Journal of Social Science and Humanities

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

Noor , M.A. (2022). Factors Influencing the Implementation of Integrated Financial Management Information Systems: Study Focus on Bangladesh . South Asian Journal of Social Sciences and Humanities, 3(2), 32–55. https://doi.org/10.48165/sajssh.2022.3202
Crossref
Scopus
Google Scholar
Europe PMC