Welcome to the Florida PALM Project
The Florida Planning, Accounting, and Ledger Management (PALM) Project is replacing the State of Florida’s current accounting and cash management systems with an integrated, enterprise financial management solution (FMS) that will allow the State to organize, define, and standardize its financial management processes.
Florida PALM Project Vision
Implement a statewide accounting system that enforces standardization, acts as a scalable foundation to evolve as business needs change, and positions Florida for future innovation as it considers a true enterprise-wide solution.
Project Solution Goals
- Reduce the State’s risk exposure by harnessing modern financial management technology built on the premises of scalability, flexibility, and maintainability;
- Improve state and agency specific decision making by capturing a consistent and an expandable set of data;
- Improve the State’s financial management capabilities to enable more accurate oversight of budget and cash demands today and in the future; and
- Improve staff productivity, reduce operational complexity and increase internal controls by enabling standardization and automation of business processes within and between DFS and agencies.
Background
Established more than 30 years ago, the Florida Accounting and Information Resource (FLAIR) has been the mainstay application providing accounting resources to the State’s agencies. However, since the implementation of FLAIR, the State’s budget and its accounting needs have grown and outstretched FLAIR’s capabilities. The Cash Management System was implemented in the late 1980’s and was recently updated in 2013, and has been similarly outpaced by the State’s needs. Based on information provided in the FLAIR Study, the Florida Legislature authorized the creation of the Florida PALM Project to design, develop, and implement a financial management solution (FMS).
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The Florida PALM Project is an endeavor to replace the State’s Accounting and Cash Management software applications with an integrated financial management solution (FMS).
The Florida PALM Project has made Agency collaboration a priority to successfully address issues associated with the size and complexity of such an endeavor as Florida PALM.
The Project has a structured decision making process to ensure compliance with Project Management and Oversight Standards.
The Project has procured Software and System Integrator (SSI) services and additional support services for the planning and implementation of Florida PALM.
The Florida PALM Project has collected the questions most frequently asked of the Project and provided answers here.
The Florida PALM Project has developed various resources throughout the Project’s lifecycle and has compiled these resources here.
Have a question or comment for the Project Team? Contact us and let us know.
