
In my last Oinkonomics podcast, I asked former Secretary of Finance Steve Cummings to discuss the commonwealth’s travails in upgrading its financial information systems. In the glory days of Virginia journalism, reporters could have mined these remarks for a half dozen articles. Today? Government-efficiency stories don’t generate clickthroughs, so they don’t get written. — JAB
Cummings: Two things Iโll talk about in finance, because this was a priority of the Governor. Secretary [of Administration Lyn] McDermid, who was CIO at the Richmond Fed, really focused on this. We had within our cabinet reports a tracker of all IT projects. Weโd pause and look at things that were shifting status from green to yellow to red so thereโs a conversation to find out whatโs going on because state governmentโs notorious for poor execution in IT.
In finance, Iโd say the two big things are first, the core ERP system, Cardinal, which has a financial function and HR in one package, PeopleSoft. And they installed the finance package starting 10, 12 years ago. They got partway done with it. And then they found they were end-of-life on the old HR system. I donโt know how that was such a surprise, but they had to shift all of their resources off finance over to HR, which means they never really finished the finance package. As a result of that, over 50 agencies had to build their own to close that gap.
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