Mark Fielding-Pritchard P5 IT Systems Mark Fielding-Pritchard P5

Standard System- 3 Pillars 3 pillar, Budget- for 2014 set in late 2013. Cash expenditure limits set, capital expenditure planned. Budget format set by National Law (if Government) which includes provisions on what can/cannot be bought etc. Also includes debt repayment, debt issue etc Treasury- monitors spending against preset limits. Procurement will include limits etc and Treasury oversees that cash spending does not exceed limits. Treasury also monitors cash receipts. Spending will be limited to lower of cash available or budget availability. ERP will have reprogrammed limits, purchasing cycle will include requisition, purchase order, approval

Standard System- 3 Pillars (contd) Treasury will also include timing limits ie the whole years budget will not be available on 1 January. Budget revisions will take place so limits will change as revenue exceeds (or is less than ) originally anticipated Accounting- The production of the Financial Statements is then the presentation of the money spent

Framework Differences between public and private enterprises Historic vs current Role of budget Nature of assets Cash generation Heritage Longevity Regulatory Ownership rights GFSM

ERP implementation Life Cycle Pre-selection Process Package Evaluation Project Planning Reengineering Configuration Gap Analysis Implementation Team Training Testing End- user Training Going Live Post – implementation Phase