Dáil Éireann Debate, Tuesday - 30 June 2020
83. Deputy Ged Nash asked the Minister for Public Expenditure and Reform the status of the financial management shared services project; the cost for each year since the project was introduced in tabular form; and if he will make a statement on the matter. [12749/20]
Amharc ar fhreagraI am informed by the National Shared Services Office (NSSO) that the Financial Management Shared Services Programme has exited a final design review process, and the next steps involve a process of engagement with client departments to agree a timeline for deployment.
The key deliverable is an integrated and modern financial management system for all of central Government, which will replace 31 individual financial management systems, each of which will require updating or replacement in the coming years. Investment in this centralised system will future proof the Government’s finance function and strengthen financial data insights for Public Service Bodies.
The Programme is also a key enabler for essential financial reporting reform that was approved by the Government in October 2019, as outlined in the 2019 OECD Report on "Financial Reporting in Ireland".
The table below outlines the costs for each year since the project began:
|
2014 |
2015 |
2016 |
2017 |
2018 |
2019 |
|
1.7m |
2.2m |
9.7m |
7.5m |
12.8m |
11.3m |
