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Financial Management Modernization Program. Gerald Thomas, Director, Financial Management Modernization Task Force Office of the Under Secretary of Defense (Comptroller). Vision.

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financial management modernization program

Financial Management Modernization Program

Gerald Thomas, Director,

Financial Management Modernization Task Force

Office of the Under Secretary of Defense (Comptroller)

vision
Vision

“The Department of Defense will be managed in an efficient, business-like manner in which relevant, reliable and timely financial information, affirmed by clean audit opinions, is available on a routine basis to support informed decision-making at all levels throughout the Department.”

slide3

Processes

People

Enterprise

Architecture

Policies

Systems

Scope

approach

Improved

Public

Confidence

Near-term Improvements

Accountability =

Manage Using Performance Metrics

Execute Management Plan to Attack Problems

Stabilize Systems & Initiatives

More Funds for the Warfighter

Long-term Solutions

Efficiency =

Reengineer Business Processes to Model Private Sector

Establish Defense-wide Standards

Simplify Accounting & Reporting Rules

Consolidate & Modernize Systems

Enhance and/or Augment Financial Management Workforce

Approach
enterprise architecture community

Office of Management & Budget

Treasury

Industry

DoD Components

Financial Management Working Group

Senior Steering Committee

Extended Project Assistance

Extended Project Team

Project Direction

Core Project Team

Enterprise Architecture Community
typical procurement process

Record Accounts Payable

Establish Obligation

Request Payment

Establish

Commitment

Process Payment

Accounting and Finance Systems

Typical Procurement Process

8. Clerk inputs receipt into order system

10. Comptroller Certifies Invoice

Invoice

Certification

2. Supervisor approves request

3. Clerk inputs order into order system

Requisition

Purchase

Order

Non-financial Feeder System

4. Comptroller authorizes funds

1. Maintenance worker requests a part

Purchase

Order

Requisition

5. Contracting Officer Awards Contract

Contract

Non-financial Feeder System

7. Dock worker receives and deliveries part

Receiving

Report

9. Vendor Sends Invoice

6. Vendor ships part

Packing

List

Invoice

Non-financial Feeder System

slide7

Systems Environment

Tier 3

??? Systems

Tier 2

?? Systems

Tier 1

500+ Systems

Core

77 Systems

Inefficient and Costly

Point of Entry

Statements & Reports

Jeopardizes Reliability and Timeliness