Finance and Accountancy Briefing

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How to streamline public sector financial management and reporting


Federal budgeting and reporting professionals go to extraordinary efforts to manually prepare most of their critical reports and documents with data from fragmented financial systems, causing data integrity issues and audit concerns. Federal agencies are now bridging the technology gap between the private and public sector by implementing proven solutions that quickly automate financial management; enhance financial governance; and streamline the planning, budgeting and reporting processes.

IBM Cognos FSR integrates with any existing data source to ensure data integrity and provide a single, secure platform where many contributors can collaborate to prepare and manage financial data and prepare disclosures using familiar tools such as Microsoft® Word and Microsoft® Excel® with appropriate levels of security, oversight, process ownership, controls and audit trail.



Tags: Technology, Data, Budgeting, Financial Systems.

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