Tool helps agencies track, monitor and manage information required for audit resolution, risk assessment and performance management reporting
Visual Connections today announced the availability of the Federal Business Integrity System (FBiS), a transformative management tool that tracks, monitors and manages information required for federal audit findings or to show progress toward a specified goal, while enhancing data structure and integrity.
FBiS offers a centralized system for agency leaders to input, manage and track agency progress in meeting predetermined goals or for complying with government laws and regulations, such as the Government Performance and Results Act (GPRA), Chief Financial Officers Act (CFO Act), Federal Managers Financial Integrity Act (FMFIA) and the Clinger-Cohen Act.
“Today, many agencies use time-consuming, manual and disjointed processes to collect the information required for audit resolution, risk assessment and performance management purposes,” said Deborah Taylor, who previously served as the Centers for Medicare & Medicaid Services’ Chief Financial Officer. “The ability to have all relevant data in one system that is designed to preserve data integrity and is accessible by any stakeholder, at any time, is a game changer.”
With FBiS, agency leadership has regular access to custom and adhoc reports and data, including a record of additions and updates. The system provides:
- Automated workflow processing to eliminate labor intensive, manual processes
- Improved visibility for a real-time view to make timely, informed decisions
- Improved productivity through the use of standardized data and forms
- Significant time and cost savings as a result of improved processes and automation
- A centralized system and repository for tracking and managing all mandated activities
- Improved communication between the agency, its government partners and the public
- Simplified process to customize features for unique reporting and processing needs
“Our goal is to make compliance less of a stressful periodic process to one that is more ingrained in day-to-day activities,” said Frederick Deese, CEO, Visual Connections. “With FBiS, we simplify and manage the steps federal agencies must undertake to get accurate and organized information.”
FBiS is a fully-integrated system with modules designed to assist managers responsible for compliance activities. These include the following
- Audit Resolution Module – monitors audit results and the implementation of OIG internal/external, single, GAO and CFO audits
- Risk Assessment Module – provides self-assessments of internal controls and program risks
- Performance Management Module – manages performance goal development, tracking and reporting
FBiS is available directly from Visual Connections or it’s Platform partner, Pegasystems.
About Visual Connections
Founded in 2007, Visual Connections holds several disadvantaged business classifications including being a Veteran-Owned Small Business (VOSB), a Small Disadvantaged Business (SDB), a Certified Maryland Minority and Disadvantaged Business Enterprise (MDBE) and a CVE-verified Service-Disabled Veteran Owned Small Business (SDVOSB).
Visual Connections also holds many industry IT certifications such as CMMI-ML3, ISO 9001:2008, ISO/IEC 20000-1:2011, ISO/IEC 27001:2013, ISO/IEC15288:2008 and ISO/IEC 26514:2008. Our versatile, agile, efficient and experienced team has a stellar record of past performance working with the Department of Defense, the Veterans Health Administration, Blue Cross Blue Shield, the Centers for Medicare & Medicaid Services, National Institutes of Health and with the Centers for Disease Control and Prevention. With an employee base well-versed in a variety of disciplines, we are able to deliver the highest quality in customized solutions. Contact us at contactus@visualconnections.net or 1.844.643.6610 or visit us online at www.visualconnections.net.
