Fresh tech for financial management

A variety of mandates for improving accounting practices and the President's Management Agenda have government at all levels taking a hard look at upgrading their enterprise financial software.

Moreover, two or three generations have passed since the start of computerization, and the architects of the original accounting systems are retiring, creating an urgent need for software that is more flexible, affordable, standardized across organizational boundaries and easy to learn and use.

Agencies looking to jettison outmoded systems, while reducing the number of systems they manage, are moving increasingly to enterprise resource planning systems, according to vendors and analysts.

Oracle Corp., PeopleSoft Inc. and SAP America Inc. each sell their ERP software to governments, augmented with tailor-made modules for grants administration, federal purchasing and other special needs.

American Management Systems Inc., a Washington stalwart in federal financial software and services, competes aggressively with these higher-profile newcomers and is moving more into the state and local markets, though it does not offer a full-blown ERP package.

Digital Systems Group Inc. also has a long history of selling to the federal government, especially the Defense Department.

Further driving agencies to consider ERP financials is an increasing desire for control over the supply chains and fixed assets that ERP was created to manage.

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • Dive into our Contract Award database

    In an exclusive for WT Insider members, we are collecting all of the contract awards we cover into a database that you can sort by contractor, agency, value and other parameters. You can also download it into a spreadsheet. Our databases track awards back to 2013. Read More

  • Navigating the trends and issues of 2016 Nick Wakeman

    In our latest WT Insider Report, we pull together our best advice, insights and reporting on the trends and issues that will shape the market in 2016 and beyond. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.