The Statewide Financial System (SFS) is an independent New York State program governed by the Office of the State Comptroller (OSC) and the Division of the Budget (DOB). Launched in April 2012, the SFS replaced the OSC statewide accounting system and multiple agency financial systems.

In 2017, the SFS is celebrating its fifth anniversary as the State’s enterprise accounting and financial management system. Today, 69 agencies and more than 79,000 users (includes 39,400 vendors) use the system to support the business of New York State government. The joint OSC and DOB Governance Board oversees the SFS. The SFS’s current services include managing general ledger funds, budget planning, purchasing, payment, grant and project management, inventory and asset management, lease administration, and investment management operations and finances.