CGI Federal has expanded the Department of Veterans Affairs’ Integrated Financial and Acquisition Management System to the Loan Guaranty Program and the first group of Veterans Health Administration users.
The rollout marks waves 7 and 8 of VA’s implementation of iFAMS, one of the largest financial and procurement systems in the federal government. Built on CGI’s Momentum Enterprise Suite, the system is designed to standardize, automate and streamline VA’s financial and acquisition processes.
When fully deployed, iFAMS will replace five systems currently used across multiple platforms. The unified platform is expected to improve service delivery, efficiency, transparency, audit readiness and operational alignment across VA.
CGI’s Momentum is the first core financial management system approved for the Treasury Department’s Financial Management Quality Service Management Office marketplace, and one of only two available. CGI is serving as both the solution provider and implementation partner.
“In parallel with the wave rollout, VA is able to take advantage of new capabilities and help drive the roadmap and design of those capabilities as part of the supported COTS solution,” said Monica Winthrop, CGI senior vice-president of consulting services of Veterans Affairs. “CGI invests in the Momentum Enterprise Suite, incorporating features recommended by the extensive user community across all three branches of the government.”