Open AccessImpact of Integrated Financial Management Information System on Performance of Public Institutions in Rwanda
Author(s) -
Jean Bosco Harelimana
Publication year - 2017
Publication title -
enterprise risk management
Language(s) - English
Resource type - Journals
ISSN - 1937-7916
DOI - 10.5296/erm.v3i1.12230
Subject(s) - standard deviation , data collection , cash , raw data , statistics , operations management , descriptive statistics , financial management , population , pearson product moment correlation coefficient , business , psychology , mathematics , finance , engineering , medicine , environmental health
A study of assessing the contribution of adoption of IFMIS on performance of Public institutions in Rwanda was carried out under the period 2012-2016. The study is descriptive in nature where raw data was used. Data were collected from 51 out of 197 total population sampled based on available respondents. Methods such as questionnaire, observation, interview and documents was used together both primary and secondary data. After data collection, SPSS Version 32 program was been used for gathering data and cleaning them. The Software also was used to perform statistical techniques that including percentages, mean, standard deviation, and correlation, this was helped the researcher in getting findings for the research conclusion and recommendation.Findings revealed that IFMIS was fully adopted in MINECOFIN with mean of 4.05 indicate that respondents are strongly agree that IFMIS was adopted fully in MINECOFIN: the implementation of the system was done following all required steps, (mean of 3.86 and standard deviation of .721) and it was also increased the capacity bulding of its personnel by offering the necessary training (with mean of 4.43 and standard deviation of .7). the adoption of IFMIS helped in budgeting system (mean of 3.990, cash management (with mean of 4.15), financial reporting (with mean of 4.02) and internal control system (with mean of 4.16). This affected positively the performance of the organization where the correlation between the adoption of IFMIS and performance of MINECOFIN was .976 means the perfect correlation. By conclusion, we confirm the research of Rodin (2008) and (Diamond and Khemani, 2006), that they are significant contribution of integrated financial management information system on performance of public institutions in Rwanda, where it generates timely, the accurate information for the management decision making.