Search Tags:  Campaign to Cut Waste

Treasury to process all invoices electronically

All agency bureaus will implement the Internet Payment Platform by 2012. Additionally, all Treasury vendors must submit invoices through the portal starting in 2013. The electronic invoice payment program is one of 12 initiatives to improve federal financial management.

Tags: financial management , technology , Mark Reger , Mark Easton , Treasury , DoD , OMB , electronic invoice processing , financial management reform , AGA , Jason Miller

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Agencies must cut service contracting by 15 percent

OMB will tell agencies to focus on management support service contracts and reduce spending by $6 billion. OMB said contracting for management support services grew at a faster rate than other types of contracting. The initiative is part of the administration's Campaign to Cut Waste.

Tags: contracting , Jeff Zients , Dan Gordon , OFPP , OMB , service contracting , management support services , Jason Miller , Richard Ginman , Commerce , Trey Hodgkins , Stan Soloway , TechAmerica , Professional Services Council , DoD

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