Kenya has introduced Integrated Financial Management Information System (IFMIS) across all government offices to automate procurement and payment system in the country.
Designed at streamlining government’s financial management processes and procedures, IFMIS has been deployed across all Ministries, Departments, Agencies (MDAs) and Counties. The key feature of the automated management system is ‘Procure to Pay’ that is expected to further supplier’s confidence in doing business with the government.
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The National Treasury Cabinet Secretary Henry Rotich was quoted by Standard Digital as saying that the new service would increase control and visibility over the entire life cycle of a procurement transaction from procurement planning to payment of the supplier.
"With this component the challenge of delayed payments will be a thing of the past as all suppliers will be paid in real-time. This development will also boost suppliers’ confidence in doing business with the Government," added Rotich.
National Treasury principal secretary Kamau Thugge said key procurement functionalities have been configured in the IFMIS system ready for implementation that include procurement planning, supplier management, requisition management, quotation management, purchase order (PO) management, receipt management as well as invoicing and payments management, inventory management, contract management, reconciliations and period end close.
The ministry is keen to centralize government financial management system across planning, budgeting, expenditure management and procurement by introducing innovative technologies.
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