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dc.titleTechnological Opportunities and Recommendations for Modernizing Integrated Financial Management Information Systems in Latin America and the Caribbean
dc.contributor.authorPimenta, Carlos
dc.contributor.authorSeco, Antonio
dc.contributor.orgunitFiscal Management Division
dc.coverageLatin America and the Caribbean
dc.date.available2019-01-18T00:00:00
dc.date.issue2019-01-18T00:00:00
dc.description.abstractBased on the analysis of some success factors of integrated financial management information systems (IFMIS) in Latin America and the Caribbean (LAC), this paper identifies the technological pillars of a modernization strategy for these systems as a platform for public expenditure management and makes recommendations. It also describes aspects of properly maintaining these systems, extending their life cycles, using international best practices on information technology management, focusing on system users, expanding the use of cloud-based data and services, sharing programming codes, exploring the use of new distributed ledger technologies, expanding horizons for electronic payments, and increasing the use of data analytics, among other emerging technologies.
dc.format.extent50
dc.identifier.doihttp://dx.doi.org/10.18235/0001522
dc.identifier.urlhttps://publications.iadb.org/publications/english/document/Technological_Opportunities_and_Recommendations_for_Modernizing_Integrated_Financial_Management_Information_Systems_in_Latin_America_and_the_Caribbean_en_en.pdf
dc.identifier.urlhttps://publications.iadb.org/publications/spanish/document/Oportunidades_tecnológicas_y_recomendaciones_para_la_modernización_de_los_sistemas_integrados_de_administración_financiera_en_América_Latina_y_el_Caribe.pdf
dc.language.isoen
dc.mediumAdobe PDF
dc.publisherInter-American Development Bank
dc.subjectInformation and Communication Technology
dc.subjectCloud Computing
dc.subjectPublic Expenditure
dc.subjectFiscal Transparency
dc.subjectFinancial Management
dc.subjectPublic Financial Management
dc.subject.jelcodeO30 - Innovation • Research and Development • Technological Change • Intellectual Property Rights: General
dc.subject.jelcodeO33 - Technological Change: Choices and Consequences • Diffusion Processes
dc.subject.jelcodeH60 - National Budget, Deficit, and Debt: General
dc.subject.jelcodeH20 - Taxation, Subsidies, and Revenue: General
dc.subject.jelcodeH50 - National Government Expenditures and Related Policies: General
dc.subject.jelcodeH70 - State and Local Government • Intergovernmental Relations: General
dc.subject.jelcodeH57 - Procurement
dc.typeDiscussion Papers
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