State

State of Hawaii Financial Management Systems

Progress To Date

5%

On Time

Replaces the antiquated Financial Management System by unifying and modernizing both business and State IT systems and processes.

 

Current FMS vs. Future FMS

Big Picture of FMS

Image courtesy of Transform Hawaii Government and GoodJujuCo.

Progress

In May 2020, HB 2725 was enacted, which appropriates funds for capital improvements projects, including the $17 million for a dramatic update of the Financial Management System (FMS) in the hub of the stateʻs operations, the Department of Accounting and General Services (DAGS).

On November 26, 2020, DAGS and the Office of Enterprise Technology Services (ETS) issued a request for proposal seeking vendors for an Enterprise Financial Solution.

The implementation of a unified FMS is a crucial initiative that will replace the state’s current 40-year-old archaic system. Benefits of the project include:

  • A cloud-based system that allows for greater visibility of data and resources;
  • An integrated and robust system that provides accurate and timely information of reports for inter-agencies;
  • A resource to real-time data and enriched reports and analysis that may help to inform the state of financial distributions and guide state leaders in the decision-making process;
  • Streamlines processes for state employees and enables a digital workplace environment;
  • Greater efficiency in procurement processes and invoice processing and payments to contractors and vendors;and
  • Easier access to government services for the residents of Hawaii.

 

Key Dates

May
2021

Project Kickoff

May
2020

State Legislature passes HB 2725, appropriating $17 million to the FMS

Nov
2020

RFP launched

View more details about the procurement here