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OPM.gov / News / News Archives / Releases / 2008 / July / OPM Announces New Financial Systems Integrator

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News Release

FOR IMMEDIATE RELEASE
Wednesday, July 30, 2008
Contact: Edmund D. Byrnes
Tel: 202-606-2402

OPM Announces New Financial Systems Integrator

Washington, DC - The U. S. Office of Personnel Management (OPM) has chosen Accenture, LLP to be the agency's new lead financial systems integrator. The choice of Accenture was made after a number of negotiation and market research sessions.

"We have worked long and hard to find a company that can meet our financial demands," said OPM Director Linda M. Springer.

Accenture, as the lead systems integrator, will provide OPM with all required integration services, systems hosting, and software. It also will replace two principal financial systems, one supporting the Agency's administrative funds (Revolving Fund and Salaries & Expenses Funds) and the other supporting the Trust Fund with a single integrated financial management system. Implementing a best in government standard solution for financial management will greatly improve OPM's access to timely and accurate financial information.

In addition, the new system will be implemented to standardize and integrate financial and business management processes, improve program performance, mission support, and decision-making, while complying fully with all federal financial system standards and requirements.

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The U.S. Office of Personnel Management (OPM) is the leader in workforce management for the federal government. Our agency builds, strengthens, and serves a federal workforce of 2.2 million employees with programs like hiring assistance, healthcare and insurance, retirement benefits, and much more. We provide agencies with policies, guidance, and best practices for supporting federal workers, so they can best serve the American people.


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