“On the heels of a year-long strategic development effort that fused feedback from federal agency insiders with a human-centered design approach, the Bureau of the Fiscal Service on Thursday unveiled a new one-stop online shop for financial management guidance and information.”
“The Treasury Financial eXperience site—deemed TFX—streamlines policies, requirements and sources related to federal financial management, consolidates a range of crucial information vessels including the Treasury Financial Manual, is equipped with an intuitive search tool—and will roll out future features down the line.”
“The bureau’s Office of Financial Innovation and Transformation, or FIT, steered the platform’s production, and in its announcement, Bureau of the Fiscal Service Commissioner Tim Gribben said the platform is intended to offer agencies ‘a better, more efficient way … to find the information they need,’—and free them up to ‘focus more time on their core missions.’”
“FIT Transformation Manager Marshall Henry reiterated that intent to Nextgov Friday, noting over email that the digital resource was inspired by the Treasury Department’s vision to help federal agencies buckle down on those core missions, and ultimately shift from low-value to high-value work. Research conducted early on by the office indicated that, for many federal departments, ‘information contained in the Treasury Financial Manual needs to be easier to find, follow, and understand,’ Henry said…”
“And throughout the process to produce and refine TFX, Henry and team adopted an agile approach to assess the product and its impact, while incorporating changes garnered from feedback along the way—as well as human-centered design, permitting customers to have ongoing input.”
“’Collectively, these techniques help us better manage risk and expectations—which was very beneficial during the pandemic,’ Henry said.” Read the full article here.
Source: Treasury Rolls Out One-Stop Online Shop for Federal Financial Management Guidance – By Brandi Vincent, October 2, 2020. Nextgov.