Modernizing Defense Financial Management With Real-Time Data
To address its financial management challenges and achieve audit readiness by 2017, the Pentagon requires technologies capable of processing and analyzing data in real-time.
Even after spending billions to modernize its aging financial management systems, DoD's inability to keep track of accounting data remains a major obstacle to audit readiness and raises the risk of improper payments. In an environment where speed, processing power, and interoperability are paramount, defense agencies could realize substantial gains by turning to real-time data platforms for their financial managment needs.
Download this GBC issue brief to learn:
- The major challenges facing defense financial managers
- How unreliable accounting systems imperil DoD's audit readiness goals
- Why real-time data platforms may be the key to successful business systems modernization
Image credit: Flickr user Sec Def