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Wednesday, January 16, 2008

VA renews effort to improve financial, asset management

The Veterans Affairs Department plans to begin work on a system to manage financial data and essential assets, such as medical equipment, three years after scrapping a previous effort.

The Financial and Logistics Integrated Technology Enterprise (FLITE) program aims to standardize VA’s work processes and modernize the information technology that supports financial and logistics management, according to a notice published Jan. 14 on the Federal Business Opportunities Web site. VA anticipates that the modernized system will eliminate its major financial weaknesses.

The department plans to hold a briefing on Feb. 12 to brief potential bidders on the proposed technical requirements and business approach.

The program has two components: the Strategic Asset Management project and the Integrated Financial Accounting System. The FLITE program also includes requirements for program management support, organizational change management and independent verification and validation. VA has said it plans to implement FLITE in fiscal 2009.

-Mary Mosquera, FCW.com
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