K-MSG-L Notes 17 (27) -...

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It should be noted that in this article the phrase FMIS has been used generically to consist of an  IFMIS. As the name implies, there are, and should be, three guiding characteristics for a well- designed FMIS: • It is an management device. When creating an FMIS it is important that it  provide management needs – not just those of the main organizations, but also range  organizations. Moreover, as an management device it should support the power over modify. It  must be considered as a essential piece of price range system modify – hence not be designed  just to fulfill existing requirements, but also to back up those needs that are likely to occur as  similar price range changes are used. • It should offer a variety of nonfinancial and financial  details. As a device of management it should offer the details required for selection. For this 
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