The Management Concepts (lovely, sweet-smelling, and smart people that they are) Grants Blog reported earlier this week that Danny Werfel, Controller of OMB’s Office of Federal Financial Management, said the following at the recent Association of Government Accountants Professional Development Conference:
“While he was specifically speaking about financial management systems, the overall principles he discussed also may be applicable to the Grants Management Line of Business (GMLoB). OMB still believes in the concept, but has learned that the model of forcing agencies to move to a complete service center doesn’t work. Instead they are looking to focus more on “shared services.” For example, an agency may share a vendor invoicing service with other agencies but would not have to migrate their entire financial system to a common source.”
Well, I don’t know about you, but to this I say “Yaaaaay!” and “Woot!” and “Goodness me, what buck‑o news, Biggles!” So who’s up for sharing services, hmm?