The Department of Veterans Affairs (VA) is running into delays as it works to replace its aging financial management system, but despite these setbacks, lawmakers remain optimistic that the VA’s Financial Management Business Transformation (FMBT) program will succeed. […]

The Department of Veterans Affairs (VA) is replacing its aging financial and acquisition systems with an integrated system after two prior attempts to replace the systems cost hundreds of millions of dollars over the course of several years to develop. In a new Government Accountability Office (GAO) report, GAO made recommendations to minimize risk of cost overruns and delays. […]

The Department of Veterans Affairs (VA) is in the early implementation stages of its rollout of the modernized, $2.5 billion Financial Management Business Transformation (FMBT) effort, but full implementation isn’t scheduled until 2030, prompting concern from members of Congress during a joint meeting of the House Veterans Affairs’ Subcommittee on Technology Modernization and Subcommittee on Oversight and Investigations on December 5. […]