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OMB reworking financial system requirements to focus on outcomes, not inputs
The administration is expected to release a new directive in the coming weeks to update Circular A-127, which defines how agencies operate their financial systems. The new guidance is expected to open the market up to vendors and make it easier for agencies to transition to shared service providers.
Tags: technology , shared services , Treasury , OMB , Keith Trippie , DHS , Gwynne Kostin , GSA , Kirit Amin , Commerce , Management of Change Conference , ACT-IAC , Jason Miller
CFOs remain tepid on financial shared services
An exclusive Federal News Radio survey of federal CFOs and deputy CFOs finds 55 percent of the respondents rated spending money more wisely as their top priority. But at the same time, 36 percent rated moving to the Internet Payment Portal or other financial management shared services as their fourth highest priority. CFOs also say they are using data to make better decisions and budget reductions, not sequestration, is their biggest concern.
Tags: Financial management , CFO Council , Treasury , OMB , Office of Financial Innovation and Transformation , shared services , Sequestration , budget , CFO survey , In Depth with Francis Rose , Jason Miller , exclusive
Treasury's OFIT squelches the FSIO rumor
The director of the new Office of Financial Innovation and Transformation at Treasury, Adam Goldberg, busts a myth for Federal News Radio. He says his office won't be taking on the work of the old Federal Systems Integration Office.
Tags: mngt , transformation , Treasury , Office of Financial Innovation and Transformation ,
OMB wants better, faster, cheaper financial data
Financial management line of business effort is continuing. But it is expanding to address making data easier to obtain and share. OMB issued its final set of business process standards. FederalNewsRadio's Jason Miller gets the inside details at the 19th annual Executive Leadership Conference.
Tags: mngt , newsstand , OMB , IAC , ACT , Executive Leadership Conference , Financial management , line of business
A new focus for your agency's financial management plans
Keeping your finger on the money: There's a brand new focus for your agency's financial management plans. FederalNewsRadio's Jason Miller explains.
Tags: mngt , Financial management , Jason Miller , OMB
