The FMMI project is currently being supported by the Office of the Chief Financial Officer (OCFO) to modernize the departmental and agency financial and administrative payment and program general ledger systems.
Overview
Solution:
Implementation of a commercial-off-the-shelf (COTS) enterprise resource planning (ERP) solution to replace the legacy mainframe systems with an advanced, Web-based financial management system.
The solution complies with Federal accounting and system standards and provides general accounting funds management, and financial reports.
Objective:
To improve financial management performance by efficiently providing USDA with a modern, core financial management system that provides maximum support to the mission.
Goals:
- Support USDA Mission
- Address Legacy System Support and Material Weaknesses
- Meet Legislative and Management Mandates
- Integrate with Existing and Emerging E-Government Initiatives
- Provide USDA financial compliance and a backbone for future Department-wide capabilities
- Provide data integrity, reliability, consistency, and sharing across multiple organizations
- Deliver a fully-integrated and real-time financial management system with on-demand querying capabilities
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