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Wednesday, July 12, 2006

Commerce to consolidate financial management platforms

"The Commerce Department will consolidate its financial management system onto one internal data center from the three platforms on which it runs currently.

Commerce will start moving toward one platform in the next fiscal year, said Mike Sade, chief acquisition officer at the Commerce Department. The consolidation is a preparation for moving to a financial management Line of Business, probably in 2012.

'We get everybody to one [platform] and then the line of business migration will be easier,' he said today at an event sponsored by market research firm Input Inc. of Reston, Va.

Commerce has two financial systems, one for the Patent and Trade Office and the other for the rest of Commerce, but the latter is on three platforms.

Sade discussed Commerce's management challenges, including financial management and internal controls, IT security and department acquisition processes. "

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