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CLOUD COMPUTING
Integrating cloud with Public Financial Management Information Systems offers significant advantages for managing public finances. By migrating PFMIS to the cloud, organizations can benefit from enhanced scalability, flexibility, and cost-efficiency. Cloud-based PFMIS allows for seamless scaling of resources to handle varying workloads and data volumes, ensuring that systems remain responsive during peak financial reporting periods.
Cloud computing also facilitates greater accessibility, enabling financial managers and stakeholders to access real-time data and applications from anywhere with an internet connection. This enhances collaboration and decision-making, as teams can work together more effectively across different locations.
