Products
When DSG designed iCore and IFMIS & WebIFMIS, the goal was to develop commercial off-the-shelf (COTS) applications to meet the specific needs of federal financial management. That significant goal has been met.
iCore, version 2, is the web-based derivative successor product of IFMIS. Developed using the J2EE platform, iCore is certified by the Financial Systems Integration Office (FSIO).
IFMIS & WebIFMIS, version 6.0, is FSIO certified as a web-enabled application with a solid history of successful implementations throughout the federal government.
Six fully integrated modules form the "core" of both applications. While the module names for iCore and IFMIS & WebIFMIS are slightly different, their functionality is very similar.
| iCore Modules | IFMIS & WebIFMIS Modules |
|---|---|
| Funding | Funding |
| Accounts Receivable | Accounts Receivable |
| Accounts Payable | Disbursing |
| Cost Accumulation | Cost Posting |
| General Ledger | General Ledger |
| Reporting | Reporting |
Within the "core" modules, the functional similarities between iCore and IFMIS & WebIFMIS are reasonable, vital and numerous.
All financial events are recorded. Summary level and the associated detailed level information - representing a financial event - are always recorded and maintained.
Bulletproof audit trail. Each transaction's audit trail includes: time/date stamp, user identification, unique transaction identification number, originating system identification, the module, and as appropriate, batch control numbers and check sums. The audit trail is tight.
No data is deleted or changed. If a user "deletes" a document, it is marked as inactive and saved for audit purposes. When a document is amended, the original information is maintained and the new information is added. The audit trail is complete.
Real-time processing. All transactions are processed in real-time and recorded at the detail level. The result is immediate, accurate and current data.
Complete integration. Data is fully integrated between every application module through transaction based processing. End of the month reconciliations are history.
Reporting. With a plethora of standard reports, on-line access, and impressive ad hoc query capabilities, reporting is streamlined, meaningful and timely.
Consistent integrity checking. Transactions are subjected to exactly the same edits, validations and verifications, regardless of their source. Every transaction passes the same "tests" before being recorded. Those that don't pass are stored on "hold" and addressed separately.
Unlimited users and transactions. The key to an unlimited volume of users and transactions lies outside of the application. The right hardware configuration supports the necessary number of users and transactions.
Select your fund type or types. Appropriated. Reimbursable. Defense Working Capital Funds (DWCF). If it is a federal fund type, it is fully supported.
Common Graphical User Interface (GUI). End user interaction is with a consistent and familiar web browser interface. All of the expected components are incorporated - mouse actions, buttons, and scroll bars, among many others.
Technology is what truly differentiates iCore and IFMIS & WebIFMIS.
iCore was developed as a multi-tier enterprise web-based application using the Java 2 Platform, Enterprise Edition (J2EE). Deployed as a multi-tier application, iCore requires only a current web browser, thus minimizing hardware requirements. Because of its flexible and open design, iCore benefits from a wide range of scalability options, allowing for optimum processing in a wide variety of environments. The result is a secure, high performance, and highly robust application.
To ensure vendor independence, IFMIS & WebIFMIS was designed to the Open System Standard. Two key aspects of open systems are interoperability and portability. IFMIS & WebIFMIS demonstrates interoperability by seamlessly "exchanging" information with a myriad of diverse applications. Portability is defined by its compatibility with any standard POSIX-compliant variant of UNIX operating systems. IFMIS & WebIFMIS utilizes web-enabling technologies to achieve its n-tiered thin client architecture. Within this model, the client accesses the system via a standard web browser.
Both iCore and IFMIS & WebIFMIS are available through the General Services Administration (GSA) Federal Supply Class (FSC) Group 70 Schedule.