Transcript ARC Shared Services - Washington

Financial Management Line of Business
DOD – ASMC March 3, 2015
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Why Shared Services?
Focus on Core
Mission
Leverage Standard
Processes/Systems
• Relieve customer of
process burden
• Focus on mission
• Focus on analysis and
policy
• Proven across large
customer base
• Compliant
Good
Government
Leverage Best
Practices
• Allows all
agencies to
benefit from
lessons learned
• Enhances
collaboration
• Supports OMB Memo 3-18
• Reduces redundant systems
• Reduces federal govt. financial management costs
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Shared Services Myths
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“I will lose control of my financial operations.”
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“The rigid standardization of shared services will not fit
my needs”
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“I will reap immediate savings by moving to shared
services.”
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“The parent agency of my provider will always receive
first priority in terms of customer service.”
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History
What began in 1996 as:
• 220 employees and 0 customers
• A simple concept that we could provide common administrative
services to other government entities wherever they were located.
• Very simple goals of:
– Hiring and retaining employees in local community
– Lowering costs to customers thru reduced overhead
– Lowering costs to the Federal Government through a
competitive environment with a focus on standardization
– Allowing customers to focus on their mission
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Evolution
In 2015 we have evolved into:
• An organization of over 1300 employees
• Providing services in five business lines
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Financial management – 41 customers
Procurement – 40 customers
Travel – 49 customers
Human resources – 28 customers
IT services – 20 customers
• Annual revenue in excess of $250 million
• Currently implementing our first Cabinet Level agency – HUD
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Evolution (cont.)
Financial Management:
• 12 consecutive years of clean SSAE16 (formerly SAS70) audit and 247
clean financial statement customer audits
• One of only four financial management Federal Shared Service Providers
servicing a diverse customer base
Account Diversity
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Appropriated
No year
Trust
Revolving
Special
Borrowing
Receipt
Transactional Diversity
Organizational Diversity
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Independent
Government corp.
Inspector Generals
Departmental Bureaus
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Grants
Loans
Pensions
Foreign
Manufacturing,
Non-federal Investments
Employee Benefits
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Integrated Oracle Federal Financials Platform
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Benefits of Shared Services
Ability to scale
up quickly
Cost-effective
modernizations
Experienced
well-trained staff
Audit Opinion
Track Record
• System and personnel scalability
• Shared costs of infrastructure offers
considerable savings during technology
upgrades
• Knowledgeable, well-trained staff in all areas
of support
• Systems, processes and procedures that all
support outstanding audit history
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