Budget and Financials Initiative: Planning & Requirements

The purpose of the Budget and Financials Initiative Planning and Requirements Phase is to develop a detailed set of functional and technical requirements, along with a corresponding business process redesign approach, for the State's budgeting and financial areas. This work will also include the identification of significant changes needed within state agencies, management practices and organizational structure in order to accomplish the recommended re-engineering business practices.

Background

In 2003, the State commissioned the State Business Infrastructure Study (SBIS) to determine the feasibility of developing and implementing a new business infrastructure for the State. That study included an inventory and assessment of then-current business systems, as well as a blueprint for implementing the new, integrated business infrastructure. The SBIS can be accessed via the following link:

http://www.beacon.nc.gov/about/background.html.

The State began the establishment of a new business infrastructure with the implementation of new Human Resouces and Payroll systems, utilizing SAP's Enterprise Resource Planning (ERP) software. This implementation is nearly complete, with all entities going live by April 2008. The Budget and Financials Initiative will build upon the existing SAP infrastructure that was implemented during the HR/Payroll Initiative. Blueprint information from the BEACON HR/Payroll Project can be accessed via the following link:

http://www.beacon.nc.gov/initiatives/hr_payroll/deliverables.html.

Timeframe

The Planning and Requirements Phase of the BEACON Budget and Financials Initiative has begun with the issuance of a Request for Proposals, and is expected to be completed by October 2008.