Federal Manager's Daily Report

OPM has selected a new lead financial systems integrator to provide it with all required integration services, systems hosting, and software.

The contractor, Accenture, will also replace two principal financial systems, one supporting OPM’s administrative funds — revolving fund and salaries & expenses funds – and the other supporting the retirement trust fund with a single integrated financial management system.

The new system will be implemented to standardize and integrate financial and business management processes, improve program performance, mission support, and decision-making, OPM said.