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1:01 am, October 21, 2014

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Treasury begins shared services quest to educate, integrate

The Office of Financial Innovation and Transformation issued two RFIs in the last few weeks. One announced an industry day for May 21, and the other is looking for ideas to improve how the government manages and integrates data from different systems.

Tags: management , financial management , OMB , Treasury , Joe Ward , Interior , HHS , Jason Miller , Bill McCabe , Government Performance Summit , The Performance Institute , Mark Reger , shared services , the Association of Government Accountants

Thursday - 05/08/2014, 04:08am EDT
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Treasury figuring out how the shared services pieces fit into governmentwide puzzle

In part 3 of our special report, Shared Services Revisited, Federal News Radio explores the administration's plans to ensure success in consolidating and standardizing financial systems this time around. Beth Angerman, director of Treasury's Office of Financial Innovation and Transformation (OFIT), said the goal is creating a repeatable, sustainable process for agencies to move to federal financial management providers. Over the next six months, Treasury and OMB must answer many of the outstanding questions about how this initiative will truly work.

Tags: technology , financial management , Shared Services Revisited , Treasury , OMB , Sylvia Burwell , Carlos Otal , Grant Thornton , Association of Government Accountants , Jason Miller

Thursday - 04/10/2014, 04:26am EDT
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Financial management providers ill-equipped to take on large customers

In our special report, Shared Services Revisited, OMB still must solve long-standing challenges to ensure federal providers are capable of bringing on large, cabinet level agencies. The role of the private sector is leaving some vendors unhappy, but officials say history shows their success rate with financial management system implementation to be poor.

Tags: management , financial management , Shared Services Revisited , OMB , Norman Dong , Treasury , Lisa Kazor , Savantage , Reid Jackson , Compusearch , Kevin Greer , Accenture , Joe Ward , Interior Business Center , Jason Miller

Wednesday - 04/09/2014, 04:11am EDT
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Familiar questions, few answers so far for OMB's latest financial systems effort

In part 1 of Federal News Radio's special report, this second attempt by OMB to move agencies to financial management shared services is fraught with the same obstacles of a decade ago. But OMB believes this attempt at shared services is different. The administration says budget concerns and technology advancements will help overcome these long-standing barriers.

Tags: management , technology , shared services , Treasury , OMB , Norman Dong , GSA , Lisa Kazor , Oracle , Reid Jackson , Carlos Otal , Grant Thornton , financial management , Jason Miller , Shared Services Revisited , Aaron Cornfeld

Tuesday - 04/08/2014, 04:43am EDT
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