“Improving the cost, quality, and performance of financial management operations and systems is one of the Administrations management priorities. Over the past several years, efforts to achieve these objectives have been conducted under the Financial Management Line of Business (FMLoB) and managed by the Financial Systems Integration Office (FSIO) at the General Services Administration (GSA). The purpose of this memorandum is to provide a status of the objectives achieved and the role of FSIO…The 2010 requirements will incorporate changes to align with the Federal standard business processes highlighted earlier and the use cases will provide related scripts that describe “who” can do “what” with the financialsystem. With these updates, we believe that FSIO has finished developing the FMLoB business process and data standards as it related to its mission. In addition, rapid advances in technology are requiring us to rethink how we implement financial systems. Given the long implementation timetable for these systems, by the time they are in full production, technology has changed [emphasis added].”
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