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Frequently Asked Questions - Budget - Encore

Staff members responsible for budgeting, performance management and measurement, and information submitted for the CAFR.

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Multiple systems will be replaced with one system, Oracle Hyperion. Other features to be included are: fees and federal funds information; capital; position budgeting; new chartfields; and performance informed budgeting.

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Budget cycle timelines and statutory requirements will remain the same when Project ENCORE is implemented.

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  • Data entry, manipulation and reconciliation will be substantially reduced
  • Data will integrate throughout the budget process, eliminating re-entry
  • Opportunity to streamline parallel systems, where appropriate, resulting in cost savings for OMES and the State of Oklahoma
  • Data will be more accurate, timely, and comprehensive
  • Real-time budgetary and policy analysis
  • Budget recommendations/decisions will be made with strategic context
  • Greater automation in the CAFR production process
  • Greater alignment among budget, finance, and performance to optimize the allocation of scarce state human, financial and capital resources

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Project ENCORE is replacing the State’s aging budget systems: Budget Request System, PeopleSoft EPM (Budget Module), Governor’s Budget Book, Capital Budget, Strategic Planning and Performance Metrics. Project ENCORE will also streamline many of our processes and allow for a more consistent approach to our budgeting and data collection methods.

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