OMB provides updated financial system requirements draft

The Office of Management and Budget has made available its list of revised financial system requirements. Agencies have one week left in which to comment on the Core Financial System Requirements Exposure Draft, which updates the 2001 document to reflect changes and clarify requirements.

OMB opens eye to consolidating budget, records and other functions

The administration’s next set of initiatives targeted for consolidation are coming into focus. These areas include: Budget formulation and budget execution Records management IT infrastructure, telecommunications and desktop Procurement

Labor CFO preaches governance

Mok's background provides launching pad for change

OMB finishing guidance on how grants management will work

The agencies managing the Grants Management Line of Business Consolidation initiative are finalizing the project's governance model and the way shared-service centers will work.

Becoming a Center of Excellence: Federal customers benefit from Transportation’s investment

The Transportation Department was pleased to be named one of four federal Centers of Excellence for financial management in President Bush’s 2006 budget. This designation by the Office of Management and Budget indicates the administration’s confidence in the success of Transportation’s Enterprise Services Center over the last five years in implementing a state-of-the-art financial management system. We call our new system Delphi.