FINANCIAL MANAGEMENT

The Federal Financial Management Improvement Act (FFMIA) of 1996 requires that CFO Act agency financial management systems comply with: (1) federal financial management systems requirements; (2) applicable federal accounting standards; and (3) the United Stated Standard General Ledger at transaction level. FFMIA also requires auditors to state in their audit reports whether an agency's financial systems comply with FFMIA requirements.

Strengthening Federal Government assets management is an important objective of this Administration—especially since assets are valued at approximately $650 billion in Property, Plant, and Equipment (PP&E) and $260 billion in Inventories and Related Property (according to its FY 2004 financial statements). The Administration expects Government assets to be justified and accounted for and plans made for purchases, management, maintenance, and operation.

Making IT Work.   Together.

SPS can help implement, upgrade, optimize, and maintain Federal Enterprise Resource Planning (ERP) solutions. We have significant federal government experience to guide, direct, and streamline financial accounting processes, including electronic report submission, upward and downward adjustments, interfaces, and reimbursable agreements. We can help control costs, streamline reporting, and achieve the ambitious performance goals of the President's Management Agenda.

How SPS Works For You

SPS financial management services rest on the following three pillars of success.

Business Process Re-engineering and Requirements Definition
The SPS solution has its foundation in and relies upon extensive federal government accounting knowledge and expertise. SPS employs functional experts, including former federal financial management professionals, to contribute to clear and complete understanding of Government requirements, the most complex in the world.

Requirements and process artifacts are delivered in requirements documents and "As-Is" and "To-Be" process flows. We draw upon a library of best practices and use defined processes to elicit, document, and report requirements, organizational changes, and work flows.

Financial System Assessment
Ensuring that your operational financial management system is functioning at its highest efficiency is often a complex issue. Many factors, such as documented procedures, appropriately trained staff, licensing costs, hardware optimization, network configuration, and agency leadership, affect an agency's financial performance.

SPS has extensive experience in all aspects of financial system assessment. We have performed this work at several Federal agencies producing deliverable products such as CFO Bulletins, Recommendations documents (providing short-term and long-term resolutions), desktop procedures, and road maps.

ERP Integration and Implementation
SPS has proven expertise performing all activities associated with an agency's transition to an ERP solution. We have skilled professionals in all ERP life cycle disciplines including project management, data conversion, technology architecture, interface development, federal reporting, "best practices," training and testing, product evaluation, and product deployment.

We maintain integrity and repeatability in our work products by using "industry recognized" tools to help manage requirements, change requests, and system baselines.

About SPS
Software Performance Systems, Inc. (SPS), a small business based in Maryland, is a privately held information technology services provider. Established in 1995, SPS specializes in the design and integration of large Web-based solutions for State and Local Governments and commercial clients. SPS has been honored with many national awards, including: #10 ranking in the Computerworld Top 100 Best Places to Work in IT, Deloitte's Virginia Technology Fast 50 and North America Technology Fast 500, and as a SBA Exporter of the Year. More importantly, SPS solutions helped our clients win prestigious awards, including the Grace Hopper Federal Government Technology Leadership Award, the E-Gov Pioneer Award, the Excellence.gov Grand Prize Award, and the Government IT Agency Award for Excellence in Government.
SPS...proven over time.

Contact Information
Software Performance Systems, Inc.
Mike Dorsett, VP Financial Solutions Division
240-949-8831 / 1-866-734-6777
mdorsett@goSPS.com
www.goSPS.com