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2:11 am, September 21, 2014

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Search Tags:  Office of Financial Innovation and Transformation

Treasury overhauling qualifications for financial shared services providers

Treasury's Office of Financial Innovation Transformation (OFIT) issued a draft set of requirements that agencies must meet if they want to be federal shared services providers. The requirements should be finalized this fall, and a new set of providers will be in place in the coming months.

Tags: financial management , Treasury , Elizabeth Angerman , Myrian Myer , Labor , shared services , OMB , technology , AFCEA , Jason Miller

Thursday - 09/26/2013, 06:07am EDT
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OMB gives agencies more control over financial management systems

The White House updates Circular A-123 to include a new appendix to address federal financial management systems. OMB expects the new regulations to let agencies focus on a smaller-scale, risk-based approach to improving financial systems.

Tags: management , OMB , Sylvia Burwell , financial management , Treasury Department , Jason Miller

Monday - 09/23/2013, 02:30pm EDT

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 , Adam Goldberg , Treasury , OMB , shared services , sequestration , budget , CFO survey , In Depth with Francis Rose , Jason Miller , exclusive

Tuesday - 10/09/2012, 10:14am EDT
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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 , Adam Goldberg

Monday - 04/12/2010, 11:10am EDT
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