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Modernizing Financial Management Practices for the Department of Defense
March 18, 2022
Multiple DoD financial management practices are rated “high-risk” according to two U.S. oversight bodies responsible for mitigating federal inefficiency and waste. The Government Accountability Office and DoD Inspector General cite ineffective financial management processes, systems, controls, and incomplete corrective action plans are adversely affecting DoD financial operations. To address financial management deficiencies for its DOD client, Washington Business Dynamics, LLC (WBD) has crafted innovative financial management solutions. By uniting technological advancements with workforce modernization efforts, WBD has helped the DoD navigate a technology-driven transformation designed to improve outcomes.
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