Financial Management

FIBF

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Federal Integrated Business Framework (FIBF)

The FIBF is a model that enables the Federal government to better coordinate and document common business needs across agencies and focus on outcomes, data, processes and performance. It is the essential first step towards standards that will drive economies of scale and leverage the government’s buying power.

Core Financial Management Solutions (Core FS) Pre-Built Business Information Exchanges (BIEs) - date posted 11/15/2024

Core Financial Management Solutions (Core FS) Pre-Built Business Information Exchanges (BIEs)

Core Financial Management Solutions (Core FS) Pre-Built Business Reports - date posted 11/15/2024

Core Financial Management Solutions (Core FS) Pre-Built Business Reports

Financial Management Standards Lead

Name: Treasury, Bureau of the Fiscal Service
Website: Financial Management Standards | TFX: Treasury Financial Experience
Contact: FMLoB@fiscal.treasury.gov

Download Financial Management Business Standards Components

Federal Business Lifecycle - Financial Management

Federal Business Lifecycles, functional areas, functions, and activities serve as the basis for a common understanding of what services agencies need and solutions should offer.

Functions: Breakdown of a functional area into categories of services provided to customers.

Activities: Within a function, processes that provide identifiable outputs/outcomes to customers are defined as activities.

Select from the list of available functions to view associated activities

FFM.010 Budget Execution

*Identifier*	*Activity*	*Description*

FFM.020 Financial Asset Information Management

*Identifier*	*Activity*	*Description*

FFM.030 Payable Management

*Identifier*	*Activity*	*Description*

FFM.040 Revenue Management

*Identifier*	*Activity*	*Description*

FFM.050 [Retired]

*Identifier*	*Activity*	*Description*

FFM.060 Receivable and Collection Management

*Identifier*	*Activity*	*Description*

FFM.070 Delinquent Debt Management

*Identifier*	*Activity*	*Description*

FFM.080 Cost Management

*Identifier*	*Activity*	*Description*

FFM.090 General Ledger Management

*Identifier*	*Activity*	*Description*

FFM.100 Financial Reconciliation

*Identifier*	*Activity*	*Description*

FFM.110 Financial / Performance Reporting

*Identifier*	*Activity*	*Description*

Business Capabilities - Financial Management

Business Capabilities are the outcome-based business needs mapped to Federal government authoritative references, forms, and data standards.

Business Capabilities Explorer

Capability ID	Function	Activity Name	Input/ Output/ Process	Business Capability Statement	Authoritative Reference

Business Use Cases - Financial Management

A set of agency “stories” that document the key activities, inputs, outputs, and other LOB intersections to describe how the Federal government operates.

Standard Data Elements - Financial Management

Identify the minimum data fields required to support the inputs and outputs noted in the use cases and capabilities.

Service Measures - Financial Management

Define how the government measures successful delivery of outcomes based on timeliness, efficiency, and accuracy targets.