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NBC PROFILE - SUMMER 2005

Financial Management Line of Business

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The NBC was selected last fall by the OMB as a CoE under the FM LoB. The NBC will provide a comprehensive Federal government-wide financial management solution that promotes the goals established by the FM LoB Working Group, responds to changing technology, and provides value to client organizations. The NBC, along with five other approved CoE's, will compete to provide standard financial services to Federal agencies under the overall direction of the FM LoB Project Management Office.

The NBC's business strategy is built around three components.
  1. Systems Strategy: The NBC will support a multiple line of Joint Financial Management Improvement Program (JFMIP)-certified core financial products, including CGI-AMS' Momentum, Oracle Federal Financials, and SAP. The NBC has positioned itself as a solutions provider, not solely a systems implementer. The NBC's years of Federal financial management experience, coupled with numerous implementations of various JFMIP-certified systems uniquely positions the NBC to assist agencies in identifying an approved solution that best matches their unique requirements. By supporting multiple approved systems, the NBC systems strategy offers several advantages. First, it gives customers choices in selecting a financial management application that best meets their needs. Second, it leverages the NBC's core competency, Federal financial management expertise, across multiple JFMIP-certified systems. Lastly, it capitalizes on the NBC's years of experience as an innovative and competitive cross-servicing provider.
  2. Client Development Strategy: The NBC will support agencies of all sizes, and has developed specific approaches for each. Small agencies may take advantage of the NBC's Shared Services Solution, which offers an economical alternative to costly stand-alone implementations. By combining multiple clients in a single financial application, participating agencies share infrastructure and technical support costs while maintaining separate and distinct agency accounting information and identity. The Shared Services Solution is a proven methodology in use for a number of current NBC clients. Mid-level agencies might require standalone financial applications, but would benefit from common configuration and implementation methodologies, conversion strategies, and interface tools that ensure low-cost, low-risk implementations. Large agencies require unique strategies including substantial planning and analysis, project management, and resource staffing plans. Coupled with the NBC's comprehensive service delivery strategy, the NBC offers reliable systems services to assist large agencies in planning, implementing, and maintaining major systems.
  3. Service Delivery Strategy: The NBC's service delivery team includes internal Federal government resources supported by partnerships with commercial software vendors and implementation service providers. The NBC has long recognized that its core competency is its unmatched expertise in Federal financial management. The NBC's government staff has extensive experience both implementing and maintaining various JFMIP-certified systems for a diverse client base. They have the ability and experience to apply that expertise across a range of financial management products. The NBC maintains contractual relationships with Small Business Administration-certified 8(a) firms, as well as small disadvantaged businesses, which provide product-specific expertise. Our small business partners contribute extensive product expertise and implementation experience to the service delivery team. The NBC has established relationships with large contracting organizations to meet the requirements of cabinet-level agencies. These firms possess the broad range of resources to support major, large-scale implementations.
Core Services
The NBC's core service offering supports each of the three JFMIP-certified systems - Oracle, SAP, and Momentum - included in our product line. The core services are:
  • Information Technology Hosting - The NBC will provide state-of-the-art application hosting and related services at its Denver data center or through commercial hosting providers.
  • Application Management Services - These activities include systems administration, database administration, and applications administration.
  • Systems Implementation Services - These services include the following:
     
    • Project management including project planning, issues management, and focused staff utilization
    • Requirements Analysis/General Design including technical hardware configuration, application setup and configuration, application security, management reporting, interface development, and data conversion strategy, design, and development
    • Integration Design
    • Setup and Configuration
    • User Acceptance Testing
    • Systems Migration
  • Change Management
  • Training - including classroom, computer-based training, or train-the-trainer
  • Internal Verification and Validation
  • Certification and Accreditation Testing
  • Customer Support
In addition to the core services, the NBC also provides the following optional, value-added services:
  • eTravel - The NBC provides end-to-end eTravel services, including migration planning, acquisitions support, implementation services, comprehensive help desk support, and user training. Currently, the NBC has entered into interagency agreements to provide eTravel support to 17 small agency clients.
  • Accounting Operations - Through its team of operating accountants, CPA's, financial specialists, and accounting technicians, the NBC provides comprehensive accounting operations support, including general ledger management, funds control, payments processing, receivables and collections processing, cost management, and regulatory reporting.
The NBC will continue to work closely with the managing partners of the FM LoB in further refining our business strategy and defining our competitive advantage.
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Date Published 09/15/05
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