Financial management is key for any government seeking to maintain its finances in order and have the capability to provide good services to its citizens. It can be a complex task because it involves different government institutions and information systems that do not talk to each other. To address this challenge, South Korea has created an integrated financial management … [Read more...] about How to Build an Integrated Financial Management Information System: The Case of the Korean Government
Sangwook Nam is a senior manager at Korea Public Finance Information System (KPFIS), a public institution under the Ministry of Strategy and Finance that operates and manages the dBrain system. Previously, Mr. Nam was an engineer at Samsung SDS, where he participated in numerous e-government projects related to digital budget and accounting systems for the Korean government. Korea’s Integrated Financial Management Information System (IFMIS), or dBrain, is widely recognized as one of the most sophisticated and successful financial management systems by international organizations such as the World Bank and United Nations.