FedCFO Search Engine

@FedCFO Twitter Feed

Wednesday, January 11, 2006

OMB plans guidance for financial management LOB

"The Office of Management and Budget will develop performance measures and guidance by the end of March for agencies moving to shared-services providers under the financial management LOB.

OMB also expects to issue a competition framework this month to assist agencies in conducting competitions and selecting a shared provider, according to a recent memo from OMB controller Linda Combs that was obtained by GCN.

The Financial Systems Integration Office is leading activities for the financial management LOB under the guidance and oversight of OMB and the Financial Systems Integration Committee of the CFO Council. OMB will continue as executive sponsor, while the CFO Council’s integration committee chairman will be the lead agency sponsor for the financial management LOB.

Also this month, the Financial Systems Integration Office moves from the General Service Administration’s CFO’s office to its Office of Government-wide Policy in the Office Technology Strategy to take advantage of its expertise on IT, administrative and contract management.

Last year, the Joint Financial Management Improvement Program, which was responsible for certifying financial software for government, became the Financial Systems Integration Office. "

No comments:

@FedCFO