Why Change? The Risks of Staying with Non-Compliant Platforms

Agencies not using Momentum have platforms that are not FM QSMO-approved, and are therefore at significant risk. These platforms are not guaranteed to meet the FM QSMO’s financial management requirements and may fail to meet future compliance deadlines, putting your agency at risk of falling behind regulatory requirements. Additionally, older platforms may never become FM QSMO-approved, requiring a re-implementation to a compliant platform when an agency’s FM contract expires.

Momentum is a comprehensive financial management system purpose-built for the federal government and designed to provide federal agencies with a robust, compliant, and efficient solution. Unlike other platforms that are not qualified as core financial systems, Momentum ensures that your agency remains compliant with all federal mandates, reducing the risk associated with non-compliance. Additionally, the government-run Momentum User Group ensures Momentum’s direction and innovation is aligned with federal needs.

Benefits of Switching to Momentum

 

Momentum is already an approved FM QSMO solution

CGI's Momentum stays compliant without the need to move to a new platform. As both a product firm and integrator, CGI is uniquely incented to achieve and maintain compliance.  Other solutions like Oracle and SAP are not approved by the FM QSMO and require a major re-implementation in order to take advantage of the functionality in their new platforms. Additionally, these other solutions are only integrated by partners to the product company, adding a layer of complexity to the compliance process and reducing the incentive to stay compliant.

Continuous Innovation

Momentum is committed to continuous innovation, ensuring that your financial management system evolves with the latest technological advancements, regulatory changes, and Momentum User group guidance.Accordion content 2.

 

 

Cost Efficiency

By switching to Momentum, your agency can lower costs over time while increasing compliance. Momentum has multiple as-a-service offerings, including a federal shared service offered by GSA, and flexible service levels allowing agencies to determine their desired level of operational control

Compliance

Momentum ensures your agency is always compliant with federal mandates. As an FM QSMO-approved solution, Momentum is continuously updated to meet the latest requirements, ensuring your financial management stays on track.

 

Young woman checking the time on watch

 

 

The Time is Now!

Switching to Momentum as your financial management system ensures compliance, cost efficiency, and continuous innovation. Don’t wait until it’s too late—make the change to Momentum and secure your agency’s financial future today.

By choosing Momentum, you are not just adopting a financial management system; you are investing in a future-proof solution that guarantees compliance, efficiency, and innovation. Join the growing number of agencies that trust Momentum to elevate their financial operations to new heights.

 

Join us for Momentum Day 2024!

See Momentum in action by attending Momentum Day!

Tuesday, December 10, 2024

NEW LOCATION: Falls Church Marriott Fairview Park 

3111 Fairview Park Drive

Falls Church, VA 22042

Register 

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Learn how and why to use Treasury’s FM QSMO marketplace for solutions and services. For detailed information on Momentum and how it can transform your agency’s financial management, check out the CGI listing on the marketplace and visit: www.cgi.com/momentum

 

Get in touch with us.