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Financial Management Assessment Tool (FinMAT)

What is FinMAT?

The Financial Management Assessment Tool (FinMAT) is a tool to help managers assess the current capacity of their organizations to manage their finances and identify steps that they can take to improve that capacity. As a manager in a health organization, FinMAT can help you to:

  • Assess the current status of your organization’s capacity to manage its finances
  • Identify changes that you can make to manage your finances more effectively
  • Make a specific action plan to implement these changes
  • Monitor for resulting improvements

FinMAT includes an instrument that you can use for collecting and summarizing technical information, and a process for applying the instrument. The guide describes FinMAT and the step-by-step use of the instrument to conduct a financial management assessment. It also includes all the necessary materials and information needed to develop a consensus on needed improvements and integrate recommendations for improvements into your organization’s work plans.


Who uses FinMAT?

FinMAT is designed to be used by either an organization’s staff or by external consultants who will be assessing an organization’s financial management capacity and planning for its improvement. It is designed for use in:
  • NGOs or private-sector institutions such as hospitals
  • Ministries or other public-sector institutions
  • Central offices or headquarters
  • Subunits or decentralized organizational levels, such as regional, provincial, or district levels.

To download a free copy of the FinMat guide and the tool as an Excel file, please go to www.msh.org/resource-center/finmat.cfm.
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