Integrated Financial Management System (IFMS) Skills

Start Date: 2023-04-24 End Date: 2023-04-28

Scheduled Dates:

   24-28 April 2023

   25-29 September 2023

Venue:                    Windhoek, Namibia

Duration:                5 days

Course Fee:           USD 1850.00

Course Description

Financial management is critical to the success of any organization and its enhanced effectiveness permeate the entire organization. Today’s changing operating environment requires improving the financial management system. The integrated financial management system seeks to not only improve and automate the financial management functions but also to create an enabled financial innovation integrating all functions of an organization such as planning, budgeting and reporting. IFMS may be embedded on a number of platforms including Oracle, EPICOR, Coda Financial, and free balance and even bespoke. However, the course is designed to improve and automate the financial management functions and to create an enabled financial innovation integrating all functions of an organization such as planning, budgeting and reporting.

The Aims of the Course

The course aims to:

• Provide best practices followed in the implementation and usage of IFMIS.
• Improve and automate the financial management functions and to create an enabled financial innovation integrating all functions of an organization such as planning, budgeting and reporting.

Course Objectives

By the end of this training, delegates should be able to:

• Implement the IFMIS embedded on an oracle suite;
• Demonstrate better understanding and knowledge of the software;
• Apply their financial management skills in an IFMIS set up;
• Design, develop, maintain and administer the system;
• Grasp functioning and the increasing role of IFMIS in organizations especially in the public sector;
• Coordinate planning, budgeting and accounting;
• Assist in preparation of various types of financial reports tailor-made to organizations’ preferences; and,
• Design, develop, maintain and administer the system.

Target Group

• Financial managers;
• Credit managers;
• Accountants;
• Finance officers;
• IT specialists;
• Auditor’s managers and officers with an appreciation for IFMIS.