Department of the Treasury’s Office of Financial Innovation and Transformation (FIT) is defining federal financial standard references to promote innovation, a common knowledge base and processes to improve interoperability of federal systems. Join this session for an update on FIT’s work and the expected benefits of this initiative.
Panelists for this session will include: OFIT, Adam Goldberg, Reed Waller, DOJ
With nearly every agency receiving a clean audit opinion, each agency is following standard accounting procedures across the government, right? Not so. The US Treasury’s Office of Financial Innovation and Transformation (FIT) is engaged in defining flexible, outcome-oriented financial standard references to promote innovation, transformation, and optimization of federal financial management processes.
With the release of common and specialized Federal Financial Management Uses Cases real benefits are being realized, such as improved interoperability with connected systems.
Join this session for an update on FIT’s work as it paves the way for new financial management features and improved products.