Saturday, May 11, 2024

VA takes another shot at financial management consolidation

“… Meanwhile, the Department of Veterans Affairs will take another shot at moving to a consolidated financial management system this summer.”

“Avie Snow, the VA’s associate deputy assistant secretary for financial business operations, said the agency’s first customer will be the National Cemeteries Commission, will go live with the new financial system in July.”

“But bringing other VA components will be a challenge the agency, which Snow said was “steeped in legacy systems without integration.” The agency has attempted a financial management business transformation twice before, in 2006 and 1998, but both efforts were unsuccessful.”

“More recently, VA partnered with the Agriculture Department in 2016 to purchase and implement CGI’s Momentum software, but USDA canceled that shared services agreement a year later.”

“Snow said the VA has learned its lesson from the last consolidation effort, in which VA made the “huge mistake” of beginning with the Veterans Health Administration, which accounts for the vast amount of the agency’s budget.”

“It was lack of government oversight. We didn’t step in and do what we needed to do for the VA and essentially, there was no found under there, and the thing just crumbled in on itself,” she said.”

“Snow also chalked up the agency’s previous failures with financial management business transformation to…” Read the full article here.

Source: Army, VA taking on major enterprise financial system transformation projects – By Jory Heckman, January 10, 2020. Federal News Network.

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Jackie Gilbert
Jackie Gilbert
Jackie Gilbert is a Content Analyst for FedHealthIT and Author of 'Anything but COVID-19' on the Daily Take Newsletter for G2Xchange Health and FedCiv.

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