Shared Services

Relevant EY Recommendations:

21.1- Introduce shared services for whole of Government for certain functions
22.3 – Reintroduce limited interagency transactions in financial reporting
22.2 Increase Oversight Powers of the Central Finance Function
22.3 – Reintroduce limited interagency transactions in financial reporting
26.1- Centralising/merging of tribunal administration

 

Project Updates as at 30 November, 2016

This project is not considered to be a high priority at this time and will be taken forward in the later stage of the five year Project Future Programme.

 

Project Updates as at 25 May, 2016

PROJECTS ASSIGNED TO: MINISTRY OF FINANCE AND ECONOMIC DEVELOPMENT

Minister: Hon. Marco Archer

Project Sponsor: Mr. Ken Jefferson, Chief Officer

CST02.1: Explore Potential to improve the efficiency and effectiveness of Support Services through a Shared Services Model

Overview (taken from Cabinet’s Project Future Programme Brief): This project explores the potential to introduce a Shared Services model for Government HR, Finance and Revenue collection functions and services.

Status: Not yet progressed.   

Ministry/Portfolio Update:

  • As per agreed timelines, a Strategic Assessment is currently scheduled to be delivered by 31 December, 2016.
  • Initial research has commenced, plans are in place to engage key stakeholders, and the impact on current legislation is being explored.

 

CST02.2: Increase the Level of Oversight by the Central Finance Function

Overview (taken from Cabinet’s Project Future Programme Brief): This project seeks to address the inconsistencies in the finance function to ensure different areas are operating in a consistent fashion and to provide a strong central finance function that supports and guides Public Sector entities.

Status: This sub-project is in Project Initiation.

Ministry/Portfolio Update:

  • The Financial Secretary has been established as the leader for CIG’s Finance Function.
  • Monthly Chief Financial Officer meetings have been introduced.

Further work is being planned:

  • Develop a Chief Financial Officer Handbook, by 30 June 2016.
  • Develop a Revenue Completeness Methodology and Framework, by 30 June 2016.

 

CST02.3: Reintroduce Interagency Charging

Overview (taken from Cabinet’s Project Future Programme Brief): This project explores the potential case and options for an interagency model that would enable government to more accurately cost services while addressing the shortcomings of the previous model utilised within the civil service.

Status: Not yet progressed.

Ministry/Portfolio Update:

  • As per agreed timelines, an Outline Business Case is currently scheduled to be delivered by 31 December, 2016.