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FI$Cal Gets Granular With By-the-Numbers Breakdown

“The FI$Cal system is so big, so complex that it can be difficult to grasp everything it does, especially over a long period of time,” the department says in a writeup accompanying the graphic.

The Financial Information System for California (FI$Cal), the state government’s accounting, budget, cash management and procurement IT system, has produced an infographic about its hourly operations that contains some eye-popping numbers. 

In a website post, FI$Cal offers a visualization of metrics accompanied by a graphic showing the number and actions and transactions — all of which are performed through use of technology.

The breakdown was featured in the Jan. 6 edition of the FI$Cal newsletter with a brief accompanying text.

“The FI$Cal system is so big, so complex that it can be difficult to grasp everything it does, especially over a long period of time,” the writeup says. “The numbers, such as $2 trillion in annual banking transactions or 20 terabytes of data, are simply too vast. Organizations sometimes like to divide these kinds of numbers into an average week or day in an effort to promote understanding. At FI$Cal, we’ve gone a step further and come up with a graphic that breaks down the system’s activity into a typical hour.

“Whether you’re talking about approvals, vouchers or transaction budget checking, everything involving 152 state departments’ accounting, budgeting, procurement and cash management is done in the FI$Cal system.”

The same edition of the newsletter also contains a link to FI$Cal’s 2021-25 Strategic Plan, which FI$Cal Director Miriam Barcellona Ingenito previews in a message.

Dennis Noone is Executive Editor of Industry Insider. He is a career journalist, having worked at small-town newspapers and major metropolitan dailies including USA Today in Washington, D.C.