The Financial Management Line of Business (FMLoB), in collaboration with the federal financial management community, is establishing a set of Financial Services Metrics that will facilitate an assessment of financial services government‑wide. These metrics are designed to help identify opportunities to improve the performance and affordability of the financial services provided by Shared Service Providers (SSPs) and Federal agencies.

The Financial Services Metrics will be used for the following purposes:

• Enable SSPs to make more informed judgments regarding the performance and affordability of the financial services they provide, and how they compare to their competitors.
• Enable agencies to make more informed judgments regarding the performance and affordability of the financial services they provide in-house, how they compare to other agencies, and which SSP might best serve their needs as they look at potential migration of services under the FMLOB framework.
• Enable key stakeholders, including the Chief Financial Officers’ Council (CFOC), the Office of Management and Budget (OMB), and FMLOB, to make more informed judgments regarding the financial performance of SSPs and agencies, and work with SSPs and agencies on strategies to continually improve both performance and affordability.

The FMSM operates to collect metrics of those core financial systems included in the Federal Financial Management System Inventory (FMSI), also found at FIDO GOV.

For additional information regarding FMSM, please contact Jacke Zeiher at 202-501-8970 or e-mail her at jacke.zeiher@gsa.gov.