Financial managers get own metrics site

Financial managers get own metrics site

Need to figure out how a government program measures up financially? Then check out the new Metric Tracking System launched by the Chief Financial Officers Council.

The MTS Web site provides feds and the public a way to view management goals against a series of standard financial indicators, said Linda Springer, controller for the Office of Management and Budget and chairwoman of the council.

'The Web site will provide a uniform baseline from which financial managers can improve performance,' said Springer, who recently announced that she is leaving her post [see GCN story].

The site displays detailed information on how agencies score on indicators such as reconciling cash balances, collecting delinquent payments and paying vendors electronically.

'Now federal managers and the public will have easy access to governmentwide information to measure performance and progress that was previously only visible to internal agency personnel,' said Linda Combs, CFO for the Transportation Department and the leader of the council's metrics effort.

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