4:09 am, May 26, 2015

Shared Services Revisited

The government spends $8 billion a year on financial management systems, which are run by more than 55,000 employees. The success rate of modernizing these systems is poor. There's a long list of failures ranging from EPA to Labor, to the SBA and VA. OMB is trying again to solve these problems by mandating agencies move to federal shared service providers over the next decade. Federal News Radio's special report, Shared Services Revisited, explores the challenges faced by OMB, agency providers and agency customers in this latest attempt to move to federal financial management shared service providers.

Wed Apr 09th, 2014

Jason Miller, Executive Editor, Federal News Radio

One way to measure success of federal shared services is to see how many agencies are actually using them. Financial management shared service providers are facing an uphill battle to meet that metric. The ability of the federal providers to ramp up quickly is one of their biggest challenges. In part 2 of his special report, Shared Services Revisited, Federal News Radio Executive Editor Jason Miller explores the long-standing capacity challenges that current and new financial management shared service providers will have to overcome. Read Federal News Radio's related article.