Treasury Office of Financial Innovation and Transformation (FIT) Hosting Friday “Industry Afternoons”

By PSC Staff
October 3, 2018

The Department of the Treasury, Bureau of Fiscal Service, Office of Financial Innovation and Transformation (FIT) has asked PSC to share the following message with our membership:

The Office of Financial Innovation and Transformation (FIT) is giving Industry representatives the opportunity to share innovative solutions that may address Federal Financial Management needs.

The “Industry Afternoons” sessions will be an opportunity for FIT and other Fiscal Service representatives to hear about emerging technologies that may support Federal financial management. We won’t have the time to discuss FIT and our role as the Managing Partner of the FMLoB during the session, so please read about our work in advance!

What we would like you to be prepared to discuss:

  1. A business problem or opportunity to improve Federal financial management
  2. An emerging technology, innovative idea, or solution that will address the Federal financial management business problem or opportunity

AND

  1. An example of how the emerging technology, innovative idea, or solution will address the Federal financial management business problem or opportunity preferably leveraging one if the financial management standards published by FIT

Note: We will leverage this information to educate Federal Financial Management professionals and possibly identify new projects government-wide. Please be sure to provide only the information that can be distributed throughout Fiscal Service, Treasury, and government agencies. Participation in these sessions does not guarantee future contracting actions.

If you are interested in sharing your ideas, please click here to reserve your session! If there are no time slots available that can accommodate your schedule, don’t worry…more Fridays will be added.For more information, please contact FIT@fiscal.treasury.gov

Background:

FIT’s Financial Management Innovation Program was established to make the federal community aware of emerging innovations and identify ways to use technologies. The program aims to increase productivity, reduce waste, and improve the effectiveness in Federal financial management. Via our Innovation Program, we will engage with stakeholders within and outside government to identify emerging technologies and innovations to perform pilots or proofs of concept to improve Federal financial management.

FIT and the Fiscal Service are exploring several emerging technologies and innovations that include the following: