Financial Reporting and Management Enhanced Systems (FRaMES)

Start date: May 2023

End date: January 2026

About the project

The Financial Reporting and Management Enhanced Systems (FRaMES) project is a Queensland Treasury-led initiative to replace and modernise whole-of-government financial reporting and budget management enterprise technology. This includes the financial reporting and budget management ecosystem (including Tridata and BudgetPlus).

The FRaMES project will ensure the Queensland Government is able to deliver new forms of reporting, better track and evaluate outcomes from expenditure, and more accurately inform future decisions.

Why is Queensland Treasury updating its systems?

For Queensland Treasury, FRaMES is expected to deliver:

  • a capable, secure and modern technology that provides confidence to government
  • more responsive and agile support for informed funding decisions by Queensland Treasury and the Queensland Government
  • more dynamic business processes that result in efficient resource allocation, time savings and improved user and customer experience
  • contemporary data analytics tools to support funding decisions and monitoring.

Queensland Treasury customers—agencies, government-owned corporations, shared service providers and statutory bodies can expect to experience:

  • improved data accuracy and efficiency through reduction in manual entries
  • easier system navigation through improved user interface
  • faster processing speeds and reduced red tape
  • reduced duplication and manual reconciliation
  • increased simplicity and data security through minimised system handling
  • more flexible reporting tools.

What is Queensland Treasury’s Whole-of-Government engagement strategy?

Queensland Treasury is taking a human centred approach in designing the new solution. This includes engagement with representatives of the 149 entities that engage with Queensland Treasury.

A Business Working Group has been established to drive activities such as identifying business requirements, user testing and other activities required to validate and implement the final solution.

Key milestones

2023

  • May—CBRC approval.
  • November—Procure delivery partner.

2024

  • February—Develop business requirements.
  • June—Procure technology vendor.

2025

  • July—Multi-stage release.

2026

  • January—Future state.

Project phase

Planning

Contacts

Email: FRAMES@treasury.qld.gov.au