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.
Benefits
The benefits of FMMI:
- Provides access to leading business practices by using a commercial off-the-shelf (COTS), Web-based Enterprise Resource Planning (ERP) system.
- Saves time across USDA by eliminating redundant data entry, re-working same data among multiple systems, and then reconciling data differences.
- Consolidates/eliminates many legacy systems
- Provides secure single sign-on
- Improves financial performance and management reporting to help with decision-making
- Streamlines financial-business processes
- Improves functional integration, accountability, internal controls, and the ability to audit transactions
- Complies with Federal system requirements. For more information, see the FSIO Web site: http://www.fsio.gov/fsio/fsiodata/
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