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In April 2000, NASA began addressing many of its financial and management challenges through its effort to implement a new integrated financial management system, known as the Integrated Financial Management Program (IFMP), which NASA expects to complete in fiscal year 2008.
Woodward OnePortfolio is unique -- it's a fully integrated financial management program that is designed to take advantage of every opportunity as it arises.
Agency-wide services include support for the Integrated Financial Management Program (IFMP), wide area network, IT security, and NASA's digital television.
Specifically, the Integrated Financial Management Program, as the project is known, is designed to help NASA: (1) obtain more timely, consistent, and reliable financial information; (2) improve its ability to assess program costs; (3) increase the operational effectiveness of, and reduce the costs associated with, its accounting, budgeting, and financial management processes; and (4) enhance information sharing with customers and other stakeholders.
SeeBeyond (Nasdaq:SBYN), the leading global provider of eBI solutions, today announced that Computer Sciences Corporation (CSC) awarded SeeBeyond a seven year subcontract for software licenses and services to help CSC in its integration efforts to support NASA's Integrated Financial Management Program (IFMP).
This modernization, known as the Integrated Financial Management Program (IFMP), is intended to provide NASA with an agencywide, integrated approach to performing critical business functions, such as contract management--an area that GAO first designated as high risk in 1990 and continues to do so today.
The Integrated Financial Management Program (IFMP) contract, including options, is valued at $186 million over a 15-year contract period.
NASA's Integrated Financial Management Program (IFMP) Core Financial Project selected CCSi's Web-based/Intranet software, The P-Card Web Solution, to meet its credit card program needs.