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Financial Management
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The controller in the Office of Management and Budget says the next two years are critical for financial management shared services. Mader said along with Treasury, OMB will be determining how best to get agencies to move to one of four federal providers.
March 05, 2015 -
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Shared services providers could potentially save the federal government $50 billion per year, according to John Marshall, founder and CEO of a newly-created coalition. The Shared Services Leadership Coalition (SSLC), launched Tuesday, will help the government quickly consolidate several agency-specific platforms into a few government-wide ones.
March 03, 2015 -
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The Office of Management and Budget is circulating a draft memo to CFOs to all-but-mandate the use of the Invoice Processing Platform (IPP) run by the Treasury Department. Sources say agencies would have to justify to OMB why they wouldn't use the IPP. It's part of the administration's effort to push agencies toward more financial management shared services.
February 18, 2015 -
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The Treasury Department is working toward publishing the first ever Shared Services Catalogue for financial management. It's due out in early 2015. It will list all the services offered to federal agencies, the price range and what's in and out of scope under the financial management shared services program. Adilson Jardim, senior sales consultant for Oracle, joined the Federal Drive with Tom Temin to give a few examples of how shared services not only saved billions of dollars for his company but set the stage for immense future growth.
December 05, 2014 -
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The Treasury Department isn't quite getting ready for the Christmas buying season, but it is preparing for the shared services buying season. Treasury will release a catalog of shared services early in 2015.
November 17, 2014 -
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A new memo and guidance from OMB makes four significant changes to Appendix C of Circular A-123.
October 22, 2014 -
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The Office of Management and Budget to release a memo or guidance in the second quarter of 2015 to set governmentwide expectations for how agencies will manage risk. Controller David Mader said lessons from implementing Circulars A-123 and A-11 could be expanded into agency mission areas.
October 17, 2014 -
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Federal News Radio's annual chief financial officers survey found dealing with budget reductions and workforce challenges continue to be top priorities. At the National Science Foundation, CFO Martha Rubenstein said her office completed what may be the last modernized financial management system done by the private sector.
October 02, 2014 -
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Martha Rubenstein, the National Science Foundation's chief financial officer, joins Federal News Radio for a free online chat.
October 01, 2014 -
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A long-time government financial management expert is calling it quits. Relmond Van Daniker retires as the president of the Association of Government Accountants today. During his 11-year tenure at AGA, Van Daniker helped the organization grow in membership and prominence. He also led an initiative to encourage government to create a four page citizen-centric report, which offers taxpayers information to help them make better decisions within their communities. Van Daniker joined Tom Temin on the Federal Drive to explain why he feels now is the perfect time to retire.
September 30, 2014 -
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Russell Deyo sailed through his nomination hearing before the Senate Homeland Security and Governmental Affairs Committee Wednesday. He said the Homeland Security Department needs to consolidate financial management systems so it can use the data to make strategic decisions. The committee also heard from nominees for Immigration and Customs Enforcement and USPS Board of Governors.
September 18, 2014 -
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The Office of Management and Budget and the Office of Science and Technology Policy are on track to launch a new metadata validator tool this month. They are also developing an integrated dashboard that will track agency progress on the administration's open data goals.
July 03, 2014 -
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The Obama administration looks to expand shared service usage even more by improving existing financial shared service providers and laying the groundwork for shared service governance.
July 02, 2014 -
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In this edition of Inside the Reporter's Notebook, Executive Editor Jason Miller shares news and buzz about the IT and acquisition communities. Senate lawmakers prepare to mark-up IT reform bill next week. CIO's spend time at camp where OMB and others emphasize the word of the year: effectiveness.
June 20, 2014
