The U.S. federal government has mandated the consolidation of core financial systems and the use of Financial Management Marketplace solutions.
Workiva, a cloud platform for integrated reporting, is the only approved financial reporting and GRC platform by the U.S. Department of Treasury's FM QSMO.
The executive order aims to address inefficiencies, reduce manual processes, and enhance transparency in financial operations to combat fraud and waste.
Workiva's platform allows for consolidated data, real-time updates, automation, collaboration, compliance, and high security for financial data.