What We Do

With leadership from federal CFOs, senior officials at the Office of Management and Budget, and U.S. Treasury, the CFO Council tackles the most pressing issues in Federal financial management with collaborative leadership.

The Latest

The Antifraud Playbook

To help advance the goal of safeguarding public resources, the Chief Financial Officers Council (CFOC) and the U.S. Department of the Treasury, Bureau of the Fiscal Service (Fiscal Service) have developed the Program Integrity: The Antifraud Playbook for use by the entire financial management community, including federal, state, and local agencies. The playbook and accompanying appendices are … Continued

GSA Awards NewPay BPA for Software-as-a-Service for Payroll and Work Schedule and Leave Management

WASHINGTON, D.C. – Today, the U.S. General Services Administration (GSA) announced the award of a 10-year, $2.5 billion NewPay blanket purchase agreement (BPA) that will provide payroll and work schedule and leave management Software-as-a-Service (SaaS) solutions and services. Payroll modernization aligns with the fifth Cross Agency Priority goal from the President’s Management Agenda, which calls … Continued

Robotics – the Future is Now!

Several agencies are making great strides in piloting robotic process automation (RPA) to improve speed and accuracy of routine and repeatable financial management processes. AGA and the CFO Council have teamed up to create an opportunity for financial leaders to learn from each other by sharing their recent experiences in leveraging robotics to increase speed, … Continued

Joint Financial Management Improvement Program

The Joint Financial Management Improvement Program (JFMIP), a cooperative undertaking of the U.S. Department of the Treasury, Government Accountability Office (GAO), Office of Management and Budget (OMB), and Office of Personnel Management (OPM), held its annual federal financial management conference on May 7, 2018, at the Ronald Reagan Building and International Trade Center. Learn more … Continued

NewPay Pre-Solicitation Notice Release

The Federal Government pays over two million civilian federal employees every two-weeks, on time and at a relatively low cost. Some of the payroll systems running today, however, are in their fourth decade of operation and lack the ability to adapt and address the ever evolving legislative changes. They also lack self-service and mobile features … Continued

Release of the President’s Management Agenda

The CFO Council is excited to join the Administration in releasing the President’s Management Agenda. The agenda lays out a long-term vision for modernizing the Federal Government in key areas that will improve the ability of all agencies to deliver mission outcomes, provide excellent service, and effectively steward taxpayer dollars on behalf of the American people. The … Continued

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