INFLUENCE OF FINANCIAL MANAGEMENT INFORMATION SYSTEMS ON THE PERFORMANCE OF CORPORATE ORGANIZATIONS IN KENYA

Abstract: The ongoing expansion of the market, coupled with rapid technological advancements, has greatly influenced the increasing demand for superior services from consumers. As a result, many organizations, including Kenya Railways, are adopting technological solutions such as Management Information Systems (MIS) to enhance their operational efficiency and service delivery. However, insufficient integration of MIS can lead to poor data sharing among various organizational departments, which in turn can cause a significant drop in productivity within the organization. Therefore, the main objective of this research was to investigate the effects of financial management information systems on the performance of corporate oragnizations in Kenya. A descriptive research design was utilized for this investigation. The unit of analysis was the state-owned corporation, specifically Kenya Railways, while the unit of observation comprised the employees of Kenya Railways, which has a total workforce of 2,700 individuals. Stratified sampling techniques were employed, and participants were selected using a simple random sampling method, aiming for a target sample size of 385 individuals. A systematic questionnaire was used to collect primary data. Before data collection, a pilot test was conducted with 38 participants from the same organization, representing 10% of the total population, and this group was excluded from the final analysis. Construct and content validity were assessed, and reliability was evaluated using Cronbach's alpha. The quantitative data was analyzed using descriptive statistics, focusing on means and standard deviations, and presented in tables and graphs. Qualitative data underwent thematic analysis, while inferential statistics, including multiple regression analysis, were also applied. The findings indicated a significant positive correlation between financial, procurement and the performance of Kenya Railways Corporation. The study concludes that the Financial Management Information System (FMIS) provides accurate and timely financial information, enabling KRC to make informed decisions on budget allocations and financial planning. The study recommends enhancing the financial management information system with user-friendly, scalable technology for large data management. Keywords: Financial Management Information Systems, Performance. Title: INFLUENCE OF FINANCIAL MANAGEMENT INFORMATION SYSTEMS ON THE PERFORMANCE OF CORPORATE ORGANIZATIONS IN KENYA Author: Evans Kiprotich Yebei, Dr. Morrisson Mutuku International Journal of Social Science and Humanities Research ISSN 2348-3156 (Print), ISSN 2348-3164 (online) Vol. 13, Issue 2, April 2025 - June 2025 Page No: 237-243 Research Publish Journals Website: www.researchpublish.com Published Date: 09-May-2025 DOI: https://doi.org/10.5281/zenodo.15373094 Paper Download Link (Source) https://www.researchpublish.com/papers/influence-of-financial-management-information-systems-on-the-performance-of-corporate-organizations-in-kenya