Welcome to the FI$Cal Project Information Site!

The Financial Information System for California (FI$Cal Project) is a business transformation project for state government in the areas of budgeting, accounting, and procurement. FI$Cal is an historic partnership of the Department of Finance (DOF), the State Controller's Office (SCO), the State Treasurer's Office (STO) and the Department of General Services (DGS). This "Next Generation" project will prepare the state systems and workforce to function in an integrated financial management system environment. To ensure the success of the project, the Partner Agencies have entered into a Memorandum of Understanding (MOU) signed by the State Controller, the State Treasurer, and the Directors of the Departments of Finance and General Services. The MOU demonstrates support for the project at the highest levels of these organizations and provides the framework for this partnership.

FI$Cal Vision

To serve the best interest of the state and its citizens and to optimize the business management of the state, we will collaboratively and successfully develop, implement, utilize, and maintain an integrated financial management system. This effort will ensure best business practices by embracing opportunities to reengineer the state’s business processes and will encompass the management of resources and dollars in the areas of budgeting, accounting, procurement, cash management, financial management, financial reporting, cost accounting, asset management, project accounting, grant management and human resources management.

FI$Cal Objectives

To achieve the project vision, the state must first modify its processes to adopt best practices and leverage the inherent efficiencies embedded in ERP tools.  The central systems must then be replaced in partnership with a select number of departments that will develop end-to-end processes that will meet the needs of all departments, including the four lead agencies operating in a single statewide system.  To implement the statewide vision in the most efficient manner, a Master Services Agreement will be established to support the roll out of additional departments or functions statewide.   The following highlights some of the objectives of this project:

• Establish a single source of financial information through the establishment of a single statewide financial management system.
• Provide more meaningful and current financial information to decision makers and program managers.
• Provide transparent financial information for better decision making.
• Share information with the public and the state's business partners.
• Provide user friendly reporting for decision makers and stakeholders.
• Track statewide purchase volumes by vendor and/or commodity type to identify areas where quantity discounts might save money.
• Facilitate workforce mobility and efficiency by establishing portable work skills.
• Automate manual processes.
• Minimize manual reconciliations among control agencies, state agencies, and other separately maintained systems and databases.
• Increase fiscal accountability at all levels of government by allowing transparency of transactions.
• Avoid significant costs of duplicate new financial management systems throughout state government.

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