Financial management information systems are not a new phenomenon. On the contrary, the recording of financial information is the oldest known form of record keeping, dating back thousands of years. Yet financial information has long presented problems, particularly since the invention of money. Governments in developing countries are increasingly exploring methods and systems to modernize and improve public financial management. In Kenya, majority of SACCOs are faced by several obstacles in their managerial systems due to poor implementation of Integrated Financial Information Systems (IFIS)...
Financial management information systems are not a new phenomenon. On the contrary, the recording of financial information is the oldest known form of...