FMS is implementing IT2 to improve operations. IT2 will assist in reducing multiple re-keying data entry operations, and to implement best practice Treasury processes using process mapping facilities. IT2 will support the effective imposition of internal control standards, including segregation of duties and audit trail administration.
Steve Bullock, IT2âs Senior Vice President and Regional Manager, said, âOur work with the Financial Management Service Treasury affirms the value of IT2âs Cash, Treasury and Financial Risk Management solution to government sector organizations. We have built a business partnership with the FMS team, so that we can work together to assure project results.â
The FMS operation is located in Washington, DC, and the IT2 system is externally hosted by IT2 Treasury Solutionsâ technology partner, Rackspace.