Interior's NBC doubles shared services for federal savings board

The Interior Department's National Business Center will provide shared services under both the Financial Management and Human Resources lines of business to the Federal Retirement Thrift Investment Board starting next month.

The investment board will use NBC's Oracle financial accounting system, and NBC also will process collections, provide vendor and travel voucher payment processing, and generate certain Treasury statements of transactions, NBC said.

The investment board renewed its agreement with NBC for human resources operations support services. It also will move to NBC's federal personnel payroll system and its Web-based time and attendance system, Quicktime. Interagency agreements are in effect for one year and must be renewed annually, an NBC spokesman said.

About the Author

Mary Mosquera is a reporter for Federal Computer Week.

Featured

  • business meeting (Monkey Business Images/Shutterstock.com)

    Civic tech volunteers help states with legacy systems

    As COVID-19 exposed vulnerabilities in state and local government IT systems, the newly formed U.S. Digital Response stepped in to help. Its successes offer insight into existing barriers and the future of the civic tech movement.

  • data analytics (Shutterstock.com)

    More visible data helps drive DOD decision-making

    CDOs in the Defense Department are opening up their data to take advantage of artificial intelligence and machine learning tools that help surface insights and improve decision-making.

Stay Connected