Coast Guard Implements New Financial Management System

Homeland Security better able to manage resources with state-of-the-art integrated system.

The Department of Homeland Security (DHS) Management Directorate announced this month that the U.S. Coast Guard (USCG) has transitioned to the Financial System Modernization Solution.

The updated integrated financial, procurement, and asset management system has “automated and integrated controls, a common appropriations structure and accounting line, standard business practices, up-to-date security, and functionality that will assist the USCG in overseeing their annual budget of more than $12 billion more efficiently and effectively.”

“Modernizing our financial support systems is vital to the Department of Homeland Security and is one of our top priorities,” said DHS Acting Chief Financial Officer Stacy Marcott. “The new system will vastly improve the U.S. Coast Guard’s business systems, help employees be more productive, and allow them to achieve more reliable results when paying bills, procuring goods and services, reporting and managing budgets, and much more.”

As the Lord Leads, Pray with Us…

  • For officials in the Department of Homeland Security as they seek to secure financial systems within the various branches of the government.
  • For the Coast Guard acting chief financial officer as the new system is implemented.
  • For the president and his administration as they work to find ways to prevent cyber attacks and threats to financial systems.

Sources: Department of Homeland Security


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