POSTPONED: Navigating the Federal Financial Management Shared Services Landscape Training Workshop

THIS EVENT HAS BEEN POSTPONED.

With the issuance of the Office of Management and Budget (OMB) Memorandum M-13-08, “Improving Financial Systems Through Shared Services”, dated March 25, 2013, OMB, in partnership with the U.S. Department of the Treasury (Treasury), has taken the next step in the evolution of the Federal government’s approach to the assessment, selection, implementation and ongoing O&M of the governments plethora of financial management systems. Specifically, this guidance, which reaffirms OMB’s commitment to a “Shared-First” approach, designates Treasury’s Office of Financial Innovation and Transformation (FIT) to “help set a new course for federal financial management…assisting OMB in ensuring consistency with a long-term financial systems strategy.” To this end, FIT has begun to develop and unveil its plans to: 

• evaluate all new agency financial system modernization plans and investments to ensure alignment with the “Share-First” approach; 
• establish a framework and maintain requirements for agency migrations to a shared service model across the Federal Government; and
• facilitate the implementation of government-wide operational capabilities to reduce overall costs and improve performance.        

In addition, Treasury FIT has announced a timeline for new agencies to become future Federal Financial Management Shared Services Providers (SSPs). Agencies must express an interest in becoming a Federal Financial Management SSP in the October/November timeframe with applications submitted to Treasury by calendar year end. Treasury FIT will evaluate application in the January/March timeframe and propose recommendations to OMB sometime in March.  

To help position agencies for the changes ahead, the Potomac Forum offers this workshop to arm participants with the knowledge that is needed to begin preparing their agencies in documenting their modernization strategies, developing business cases, and assessing their options with respect to migrating to or becoming a Financial Management SSP.

PLEASE NOTE: This Workshop is Limited To Government Employees Only to Permit Candid Discussion. The Press and Industry are NOT invited to register for this workshop.

Includes instruction, presentations, Training Workshop Notebook, and continental breakfasts, morning and afternoon refreshments, and luncheon at the Willard.

Use Current (FY 2013) Funds for This Training: Many CFOs permit the use of current Fiscal Year Funds  (FY2013) for near term (OCT 8th) training requirements and to permit the government to take advantage of “Early Bird” Reduced Registration Fees. Please check to see if you can use FY 2013 funding to save your agency training funds.