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5 trends and hurdles for the future of effective financial management

From shared services and data-driven decision-making, to shrinking budgets and workforces, Federal News Radio's special report, Rise of the Money People, tracks the emerging trends in effective financial management at federal agencies, and the possible hurdles that stand in the way of saving even more money.

Tags: Rise of the Money People , financial management , workforce , Clarence Crawford , Deloitte , Peggy Sherry , DHS , Jack Moore

Friday - 04/12/2013, 05:22am EDT

Bureau of Fiscal Service primes network for influx of new customers

Kim McCoy, the bureau's chief information officer, said she's looking at how best to pre-position resources to get new agency financial management customers on board more quickly.
April 11, 2013

Tags: technology , management , Kim McCoy , Bureau of Fiscal Service , Treasury Department , financial management , data analytics , Ask the CIO , Jason Miller , Rise of the Money People

Thursday - 04/11/2013, 09:01pm EDT
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Shared services becoming new normal in financial modernization

When it comes to saving money, shared services providers are the new "it" thing. As part of the special report, Rise of the Money People, Federal News Radio gets the inside scoop from the head of the Interior Business Center.

Tags: Interior Business Center , financial management , Joseph Ward , Esther Horst , In Depth , Francis Rose , Rise of the Money People

Monday - 04/08/2013, 07:56pm EDT
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OMB to test agency readiness to move to financial shared services

Danny Werfel, the OMB controller, will issue a new policy in the coming weeks that will mandate agencies simplify their requirements before upgrading their general ledger systems. The policy also will require agencies to strongly consider one of the four federal shared service providers. OMB said it has learned lessons from the previous attempts to move agencies into these common financial management infrastructures.

Tags: technology , OMB , Danny Werfel , financial management , Treasury , CFO Council , Jason Miller , exclusive

Friday - 02/22/2013, 05:43am EST
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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 , Office of Financial Innovation and Transformation , sequestration , budget , CFO survey , In Depth with Francis Rose , Jason Miller , exclusive

Tuesday - 10/09/2012, 10:14am EDT
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Inside the Reporter's Notebook: GSA FAS, shared services and DHS contract awards

News and buzz in the acquisition and IT communities that you may have missed this week.

Tags: technology , acquisition , Jason Miller , cloud computing , OMB , DHS , GSA , Air Force , First Source 2 , industry , Small business contracting , financial management , Inside the Reporters Notebook

Friday - 01/11/2013, 06:50pm EST

New contracts set EPA's roadmap toward IT centralization

Malcolm Jackson, the agency's CIO, said two new contracts for IT hardware and email will begin to transform the way EPA buys and uses technology.
November 29, 2012

Tags: technology , Malcolm Jackson , EPA , cloud computing , strategic sourcing , Interior Department , Ask the CIO , Jason Miller

Thursday - 11/29/2012, 06:37pm EST
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Baitman starts HHS commodity consolidation effort with HR systems

Frank Baitman, the HHS chief information officer, said the agency will move its HR systems to a shared services provider in the coming year. He said HHS also will issue a solicitation for cloud services in 2013.
November 15, 2012

Tags: technology , Frank Baitman , HHS , PortfolioStat , cloud computing , Yammer , collaboration , vendor management organizations , Jason Miller , Ask the CIO

Thursday - 11/15/2012, 07:03pm EST
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Affordable Care Act gives CMS shared services a shot in the arm

Agency CIO Tony Trenkle said CMS is building the foundation for four enterprisewide applications, including identity management and an enterprise portal.
October 18, 2012

Tags: technology , CMS , Tony Trenkle , HHS , Affordable Care Act , identity management , Ask the CIO , Jason Miller

Tuesday - 10/16/2012, 10:55pm EDT
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Budget shortfalls driving CIOs' priorities

A new Federal News Radio survey of federal chief information officers shows that budget cuts are among their biggest concerns. Senior technology managers also said among the biggest benefits they are seeing from moving systems to the cloud is cost savings. DoD deputy CIO Rob Carey said the Pentagon is setting certain changes in motion as part of its move to the cloud to help deal with an assortment of challenges.

Tags: technology , management , Rob Carey , DoD , cloud computing , enterprise services , CIO survey , cybersecurity , data center consolidation , In Depth , Jason Miller

Wednesday - 10/17/2012, 05:14am EDT
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