1. Mark Fielding-Pritchard P5
IT Systems
Mark Fielding-Pritchard P5

2. 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

3. 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

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

5. 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