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Jay-Z may have “99 problems,” but that’s less than half the number of flaws associated with a new statewide governmental accounting system, sources tell FITS. The system is also on its third new director in two years given all the hiccups.

Administered by the South Carolina Enterprise Information System (SCEIS) – a division of the State Budget & Control Board – the system is in the early stages of a roll out that will ultimately affect all state agencies by 2010.

This November, the first major roll out of the system is scheduled. Agencies scheduled to come online at that time include the massive Department of Health and Human Services and the Department of Mental Health.

SCEIS is charged with a noble goal – streamlining and standardizing the business practices of all state agencies – but if we’re spending hundreds of thousands of dollars a month on this stuff, it needs to work in the time frame specified.

Stay tuned for more info as we investigate this further …