Ministry of Finance and Public Service Reports Positive Results from Pilot Shared Services Program

Are you curious about how the government is working to improve efficiency and financial management? The Ministry of Finance and the Public Service has been piloting a shared services program among three ministries, and the results are promising.

According to Portfolio Minister Dr. Nigel Clarke, the shared services program has been successful in areas such as procurement, finance, human resources, legal, and audit. The focus has been on tasks like bank and supplier account reconciliations, with impressive scores of 100% for the Ministry of Justice, 86% for the Ministry of Finance, and 83% for the Ministry of National Security.

Dr. Clarke emphasized the benefits of shared services, including greater financial management, improved efficiency in service delivery, increased accuracy, and the development of public-sector employees’ skills. By centralizing certain functions in a dedicated facility, the government can streamline operations and avoid unnecessary duplication across multiple entities.

This shared services pilot is just one part of the broader public sector reform efforts. As the government continues to modernize and improve its operations, the potential for cost savings and enhanced service delivery is significant.

Stay informed about these important developments by following The Gleaner on social media and reaching out with any questions or feedback. The future of public sector financial management is looking brighter thanks to initiatives like shared services.