Department of Justice Selects Financial and Procurement System
DOJ works to improve financial management practices in government.
WASHINGTON, D.C. -- The U.S. Department of Justice
(DOJ) has selected software in support of an integrated financial management and procurement system. This new system will enable faster, more efficient business processes and decision-making across the entire Justice Department.
With Momentum, American Management Systems' enterprise resource planning (ERP) software for federal government agencies, the DOJ's Unified Financial Management System will provide real-time access to reliable information, confidence in internal controls and security, timely reports on program performance to enable sound decision-making, and cost-effective, automated purchasing.
Seamless integration between the finance and procurement components will eliminate redundant processes and reduce the time needed for the department to acquire goods and services. The integrated system will support inter-agency cooperation while working together on issues of national priority.
The Justice Department will also be able to meet the latest in standards for federal financial management. As part of this initiative, the department has acquired many components of the company's Momentum suite, including financials, performance budgeting, project cost accounting, travel accounting, business analytics, acquisitions and vendor self-service.
The federal government's Joint Financial Management Improvement Program (JFMIP) certified the software for use by federal agencies in June 2003, making it one of only five commercial off-the-shelf (COTS) packages that are compliant with the newest government standards. JFMIP is a joint and cooperative undertaking of the U.S. Department of the Treasury, the General Accounting Office, the Office of Management and Budget, and the Office of Personnel Management that works in cooperation and with other federal agencies to improve financial management practices in government.