The impact of Smart Integrated Financial Management Information System on public financial management: An Empirical Investigation of Accounting Transactions

Abstract

Nowadays, the information technology becomes a mean and speeding up the economy. The Information and Communication Technology (ICT) contributes the enhancement to public financial management and to developing governance through excellent management. This document focused on the evaluation of impact of Smart Integrated Financial Management Information System (Smart IFMIS) implemented in Ministry of Economic and Finance in Rwanda to enhance public financial management. The data for the case study was collected through the interviews focused on individual discussion. The focus was the perspectives of impact of Smart IFMIS on accountancy transaction on public financial management. The data was analyzed using qualitative methods. The results illustrate that Smart IFMIS implementation had potential improvements in the majority indicators of effectiveness and efficiency of accountant transaction. The efficiency of accountant transaction promotes good governance values such as transparency, accountability, participatory, equitability, and responsiveness that linked to positive impacts of Smart IFMIS in public finance