By Andrew Ikehi
Committed to ensuring sustained transparency and accountability and thus; block all leakages in its public financial management and accounting, the Delta State government has successfully migrated from the existing SAP module to an improved version; State Integrated Financial Management Information System (SIFMIS).
Officially launched in Asaba, the state capital, the hitherto SAP Module otherwise code-named project e-Delta has now metamorphosed to Delta State Integrated Financial Management Information System (SIFMIS).
The development which is jointly powered by the state government, the World Bank and the European Union (EU) through the instrumentalities of the State Employment and Expenditures for Results (SEEFOR) Project, the SIFMIS project, The Pointer reports, is one of several across the nation and, targeted at putting in place a best practice global financial management information system supported by a best-in-class Integrated Financial Management System (IFMIS).
Underscoring the import of the migration at the official launch, the state Commissioner for Finance, Olorogun David Edevbie said that with the optimisation of the existing module, Delta State now has a fully automated integrated system that would process its business transactions from procurement to payment (P2P) in compliance with International Public Sector Accounting Standard (IPSAS).
Represented by the Permanent Secretary in the Ministry, Mr. Cornelius Semiteje, the Commissioner is optimistic that the development will significantly impact positively on the state economy and thus; better the living standards of all Deltans, adding that with the development, Delta State has equally embraced Public Financial Management (PFM) reforms.
While commending the World Bank and the EU for their support in that particular direction, Edevbie who is also the Chairman, SIFMIS Steering committee, said that through their support and encouragement, the state said, while commending the World Bank and the EU for their support in that particular direction, Edevbie who is also Chairman, SIFMIS Steering committee, said that through their support and encouragement, the state saw the need to optimise its already activated module of SAP Landscape, upgrade to the latest S/4 HANA SAP application and overhaul its SAP server and network infrastructure.
“today, we have successfully optimised the existing module of SAP in use namely, Materials Management (MM), Financials (FI) and control (CO). We have aso activated Human Resource Management (HRM), with Assets Management (AM) and Business Planning an Consolidation (BPC).
“Our SAP Blade Servers have been replaced with high-tech Converged Infrastructure; our Data Center and Disaster recovery sites are standardised and we are transiting from SAP ECC 5.0 to the latest S/4 HANA software.
“With this development, the project e-Delta initiative has metamorphosed to Delta State Integrated Financial Management Information System (SIFMIS)” Edevbie said.
In his remarks at the event, the State coordinator, SEEFOR Project, Sir. Frank Omorodion Apokwu said that the SIFMIS project which is the co-initiative of the World Bank and EU, is a sub-component of the Public Finance Management programme through the SEEFOR project.
The project according to him is aimed at putting in place a financial management framework that conforms to global best practices.
The high point of the event, The Pointer report was the live transaction on the latest S/4 HANA SIFMIS landscape as well as the official declaration of the programme, SIFMIS GO-LIVE