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U.S. Coast Guard (USCG)

United States Coast Guard Transitions to State-of-the-Art Financial Management System

The Department of Homeland Security (DHS) Management Directorate announced that the United States Coast Guard (USCG) has recently transitioned to an updated integrated financial, procurement, and asset management system, called the Financial System Modernization Solution (FSMS). The new system includes automated and integrated controls, a common appropriations structure and accounting line, standard business practices, up-to-date security, and functionality that will assist the USCG in overseeing their annual budget of more than $12 billion more efficiently and effectively.

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