Government Financial Management Information Systems, or GFMIS - A Tool for Improving Transparency,
Accountability and Combating Corruption.
GFMIS Impacts - improve public financial management (PFM) framework, through automating the financial
management processes used by the government. The automated functionality of GFMIS tools helps
governments generate more accurate, reliable, and timely financial information, thus directly contributing
to improvements in accountability, transparency, and combating corruption. For instance, improved fiscal
control ensured that expenditures complied with budget appropriations; better cash management; timely
and accurate reporting improved economic management; and the preparation of financial statements and
improved baseline data made approved budgets more reliable and credible.