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FIT
Financial Innovation & Transformation

Digital is Here for Federal Government

The era of digital transformation for financial management is now. FIT's new playbook, which includes step-by-step instructions accompanied with job aids, will help guide agencies out of the analog and into the digital. Download it today and start your digital journey.

Download the Playbook Today

 

Visit our Supplementary Tools and Job Aids page.


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The Federal government is instrumental in delivering services for the public, yet many business processes we rely on today are manual and costly. Digital and emerging technologies present significant opportunities to identify cost savings, improve customer experience, and enhance controls through digital transformation.

The Bureau of the Fiscal Service’s Office of Financial Innovation and Transformation (FIT) found an estimated $1.4 to $3.0 billion in government-wide cost saving opportunities through transforming end-to-end processes.

FIT developed the Digital End-to-End Efficiency (DEEE) Framework to help agencies transform their business processes through reducing unnecessary process steps, automation, and innovation to achieve large-scale efficiencies.

chain image with the text: Procure to Pay, Bill to Collect, Book to reimburse (travel), Request to procure, Acquire to Dispose (Property), Apply to Perform (Grants), Budget Formulation, Agree to Reimburse, Hire to Retire Apply to Repay (Loans), Record to Report

How do we unlock those opportunities?

The DEEE Framework is a simple five step process

WHERE TO START? WHAT TO SOLVE? HOW TO SOLVE?
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Define
Scope
Select
Process
Analyze
Process
Assess
Solutions
Prioritize
Solutions
How to define end-to-end processes and what is the full scope to consider How to select or sequence processes to achieve the most value How to analyze the process to identify pain points and opportunities How to identify and assess potential solutions How to balance value and cost to prioritize improvements

What are the benefits?

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Digitization
Scalability
Transformation
Moving from manual or paper-based processes to systematic or automated processes to change the way work is done Deploying solutions across processes that can solve many similar problems and support greater volumes or users with a consistent or similar cost Changing and improving the nature of how the entire process is performed start to finish vs. deploying “point” solutions (i.e., a solution for a single problem)

Ready to learn more?

For questions or if you are interested in seeing how FIT can support your digital transformation, please contact the FIT team at FIT@fiscal.treasury.gov.

Last modified 03/15/24