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NSF will use robotics process automation to improve its intergovernmental transactions, while Interior will apply bots to improve its electronic invoice processing.
Beth Angerman, the director of the Shared Solutions Performance Improvement (SSPI) Office at GSA, said engaging all stakeholders is an important part any large transformational effort.
The Defense Department is analyzing back-office and commercial-like services in an effort to reduce spending.
The Unified Shared Services Management Office will hold market research days in February to understand what is possible for financial shared services.
Costs of DoD's full-scope financial audit will approach $1 billion in the effort's first year, but Defense officials contend the benefits are well worth the price.
House Homeland Security Committee lawmakers tell DHS its fourth attempt to modernize financial systems has to be better.
The Pentagon's new comptroller says the department will meet it statutory deadline to become "audit ready" by the start of Fiscal 2018. But there's little chance DoD will pass an audit in its first year.
Governance, risk and compliance. Sounds like the dry stuff of corporate and agency process. But in fact it's a crucial set of activities that lead to better financial management and program accountability. Federal Drive with Tom Temin asked Dan Zitting, chief product officer for ACL and a former auditor with Ernst and Young, about the trends in public sector GRC.
The Commerce Department built a business case detailing how it would centralize all back-office functions — human resources, financial management, technology and procurement — over a three-year period.
The Treasury Department has developed a financial management maturity model to help agencies understand mission value of the CFO’s office.
GAO found significant problems in the military’s ability to track its own weaknesses both at the level of the individual military services and at the level of the Pentagon’s comptroller.
While the federal government as a whole has made major progress toward getting its books in audit-ready condition over the past two decades, the Defense Department remains the single biggest impediment, the Government Accountability Office said last week in its annual report on the federal government’s financial statements.
The Defense Department has spent well over a decade and tens of billions of dollars to buy enterprise resource planning (ERP) systems with the hope that they would help the military adopt modern, automated business processes and pave the way to financial auditability. But a strikingly small number of DoD financial managers think the systems have done anything to make their jobs easier.
The Government Accountability Office issued its 2016 report on federal financial management and once again can’t offer an opinion because of incomplete data from DoD, HUD and NSF.