263 different systems for tracking money, including many that are old and incompatible, according to a report Thursday.
What private company with revenues of $33 billion wouldn’t have a unified accounting system?”
report did not estimate how much the financial systems cost the state because of errors or confusion. But auditors did note that 17 percent of agencies provided figures on what it costs to enter duplicate data in different systems. The cost just for that portion of state government was $11.3 million
Click on the following for more details: State audit rips archaic accounting systems - Courier News
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