When this project is completed the New Hampshire state government will have one software system for financial accounting, grants and project management, treasury, budgeting, procurement, human resources and payroll. For example, the new system will allow state government to move to a more efficient electronic purchasing system.
"Because one system will be tracking all of this data, state agencies will be better able to share information, we will reduce duplication, we will save on the costs of maintaining multiple systems, and policymakers will have access to better information," Lynch said. A study estimated the new system could save the state $6 million a year just on procurement.
"By investing in bringing state government into the 21st century, we will be able to do an even better job of keeping an eye on the bottom-line and investing more of our resources directly in to what matters to the people of New Hampshire," Lynch said.