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Financial Innovation & Transformation

Financial Innovation & Transformation

The Office of Financial Innovation and Transformation (FIT) identifies and facilitates the implementation of innovative solutions to help government agencies become more efficient and transparent in federal financial management. As part of this mission, FIT serves as the managing partner of the Financial Management Line of Business (FMLoB), a government-wide financial management role.

FIT initiatives are aligned with the organization’s three priorities: Innovation, Transformation, and Optimization in federal financial management.

Partner with us to:

  • Advance federal financial management
  • Identify and pilot promising technology
  • Improve customer experience
  • Promote federal financial management standards

What Is FIT Doing To...

Increase back-office productivity

Reduce waste

Improve program effectiveness

Achieve economies of scale

Learn About FIT Projects

The Latest

robot and human shaking hands

Planning or Piloting AI? Four Things You Need to Know

May 22, 2019

Quarters in the jaws of a crescent wrench

A New Tool in Your Financial Management (FM) Toolbox

April 30, 2019

Photo of John Hill

Bureau of the Fiscal Service Wants to Issue Fewer Paper Checks: John Hill, Assistant Commissioner for Financial Innovation and Transformation, on Federal News Network

April 12, 2019

Re-Imagining Financial Management Guidance

April 8, 2019

Spring is Here and So are FIT’s Industry Afternoons!

March 26, 2019

Come 'Git' Your Blockchain Code

March 18, 2019

A Call out to the Federal Financial Management Community!

February 26, 2019

Why are we so focused on Standards?

February 25, 2019

And the Results are in!

February 25, 2019

Bureau of Fiscal Service Improving Security, User Experience of Its Citizen Services: Marshall Henry on Federal News.

FIT is back to business and looking forward to taking financial management to new heights in 2019. Keep an eye out for us at the upcoming Association of Government Accountants conferences.

John Hill, Assistant Commissioner for Financial Innovation and Transformation, Gives Keynote Address at the Next Generation of Federal Financial Management Conference

Treasury is looking beyond our TFM binder

December 13, 2018

Fiscal Service Releases Antifraud Playbook: Adam Goldberg and Tammie Johnson at Government Matters

November 29, 2018

Strike up the Band and Join the [FM] Chorus

November 16, 2018

Are You Ready to Tackle Some Fraud?

October 17, 2018

FIT’s Innovation Train Steamrolls Ahead

October 12, 2018

Government Office Seeks Conversations with Innovative Industry Representatives

October 12, 2018

Should We Go Big or Go Home?

September 18, 2018

See All Blog Posts

Federal Financial Management Standards

Treasury Financial Manual Federal FM System Requirements Functions & Activities List Business Use Cases Standard Data Elements See All Resources

Upcoming Training & Events

August 10, 2018: Joint Financial Management Improvement Program Conference

Last modified 05/23/19