Public Sector
The Treasury: Financial Management Information System
Background
PCCW Solutions won an eight-year contract from the Treasury of HKSAR Government for the supply, implementation and maintenance of on-going support and other related services for a highly-sophisticated Government Financial Management Information System (GFMIS) to support accounting and financial management processes. The new GFMIS connects about 5,400 users across all government bureaux and departments.
This contract triumph follows hard on the heels of news that the division is to embark on a 10-year e-Passport project for the HKSAR Government's Immigration Department and illustrates the reputation held by PCCW Solutions for delivering total solutions for highly sophisticated IT projects.
Solutions
PCCW Solutions provides a total solution that includes project and technical management, design, supply, installation, integration, training, commissioning and maintenance of software, as well as ongoing management of application maintenance, hardware facilities, system operations, data centre and helpdesk operations.
The new GFMIS uses the Oracle Financials software package and replaces the Ledger Accounting and Financial Information System (LAFIS) and other legacy systems that had been in use for over 20 years.
When designing the solution, PCCW Solutions chose a module that best fits the accounting and financial processes of the public sector and the accrual accounting regime. In view of these requirements, we have proposed the Public Sector Financials module, which meets the Treasury's requirement for the 'best fit' software package with minimal customisation.
Our competitive edge was the combination of technical expertise, thorough knowledge of accounting and financial processes, strong partnership with Oracle, wealth of experience in implementing Oracle Financials and a track-record of successful projects.
Value created
When designing the solution, PCCW Solutions chose a module that best fits the accounting and financial processes of the public sector and the accrual accounting regime. In view of these requirements, we have proposed the Public Sector Financials module, which meets the Treasury's requirement for the 'best fit' software package with minimal customisation.
Our competitive edge was the combination of technical expertise, thorough knowledge of accounting and financial processes, strong partnership with Oracle, wealth of experience in implementing Oracle Financials and a track-record of successful projects.
