GCN Home > 08/06/04 web stories
Labor eyes new budget system
By Wilson P. Dizard III, GCN Staff
The Labor Department is seeking information about commercial systems it might use to manage budget information better. Vendors must respond to Labors request for information by the end of this month.

The department is not yet committed to purchasing a new budget system, however. The RFI referred to a possible acquisition as the Automated Electronic Federal Budget Formulation, Publication and Integration Solution, or Budget Support System.

Labors budget center, in the Office of the Assistant Secretary for Administration and Management, said it understands that companies have matured their offerings enough to automate the federal budget submission and reporting process.

The RFI said Labors existing methods of processing budget information are beset by problems, including:

Late, inaccurate and incomplete data submissions
Expensive manual labor to create labels and books
Lost opportunities for client support and customer service
Lack of integration with financial management systems
Poor visibility to top leaders
Costly offline formatting and duplication.

Department officials want to eliminate those problems, as well as create an audit trail, build a 10-year appropriations history and improve knowledge sharing across bureaus.


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