State of Alaska
Department of Administration
Division of Finance
IRIS Project
News & Information Archives
| IRIS Debt Management System is Live! | 07/17/2012 |
As of July 17th, the first IRIS module is live! The IRIS Debt Management System allows the State of Alaska to comprehensively manage and administer its debt program. This technology includes management for debt issues, issuance costs, summary reporting on interest and principal payments, outstanding debt balances, and variable rate interest calculations as well as the ability to interface with enterprise-wide cash flow reporting.
Debt Management System Benefits include:
- Increased efficiency and accuracy for debt reporting purposes.
- Consolidation of debt information statewide for a single system of record.
- Standardized process for debt management.
- Real time visibility and tracking of debt management activity.
- Bond amortizations calculated by the Debt Management System and reported through a financial system interface (AKSAS, and later IRIS).
- Facilitation of CAFR reporting through sub-ledger detail for bond principal and interest payments.
This is a great enhancement to the State's computing capabilities and to our ability to monitor, maintain and analyze the debt of the State of Alaska. - Deven Mitchell, State of Alaska Debt Manager
Implementation of the Debt Management System supports the overall IRIS Project goals of transparency and accountability, statewide standardized business processes, operational efficiencies, and long-term viability. In August 2012, the IRIS Debt Management system will generate its first bond payment.
Current end users for the Debt Management system include the Departments of Administration, Revenue, Transportation and Public Facilities, and Education and Early Development as well as the State Bond Committee and the Alaska Student Loan Corporation.
| IRIS and Department Subject Matter Experts (SME) Document Current SOA Financial and Procurement Processes | 03/19/2012 |
The IRIS Project Team and department SMEs recently began identification and high level documentation of current SOA financial and procurement business processes. In order to ensure that the IRIS system and future SOA business processes mutually support each other, it is important to identify and document all existing SOA business processes related to the IRIS effort.
Once these current business processes are identified and documented, future business processes can be determined. Current business processes are referred to as “AS-IS” business processes. Future or planned business processes are referred to as “TO-BE” business processes.
| Email from Commissioner Becky Hultberg | 12/06/2011 |
Becky Hultberg, Commissioner of the Department of Administration, sent an email to all Alaska State employees announcing the winners of the ERP Naming and Logo Contests. The full text of the email can be found here.
| Enterprise Resource Planning Project Naming Contest and Logo Winners Announced | 12/06/2011 |
The IRIS Steering Team has selected a winning name and approved a logo. The naming contest generated 212 entries which were judged on relevance, creativity and fit. The winning entry, Integrated Resource Information System (IRIS), was submitted by Dena Ross (DPS). Additionally, logo ideas were submitted by Mark Merchant (DOA), Staci Augustus (DOA), Lynn Wibbenmeyer (DNR), and Tara Horton (HSS). The selected logo was originally designed by Amy Carroll (DFG) and refined by Andy Mills (DOA).
| Statewide Employee Participation in IRIS | 11/30/2011 |
The Division of Finance is leading the IRIS project. However in order to have a successful outcome, it is vital to have active participation and input from individuals in all State of Alaska (SOA) administrative disciplines and agencies through the design, development, and deployment phases of the IRIS project. In the coming months, the IRIS Steering Team and IRIS Project Team will communicate opportunities for participation in the effort as well as solicit input. SOA employee contributions and engagement will help to ensure a final product that meets the SOA's needs and of which we can be proud.
