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Homeland Security

Coast Guard Transitions To DHS Financial Management System

Cal Biesecker By
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Coast Guard Transitions To DHS Financial Management System

The Coast Guard last week transitioned to an integrated financial, acquisition and asset management system, part of a Department of Homeland Security-wide financial modernization effort. The Coast Guard on Tuesday said the transition to the Financial Systems Modernization Solution (FSMS) went live on Dec. 17 and warned vendors to expect delays in payments due to a backlog in invoices. Payments will be prioritized to utilities, small businesses, members and large-dollar contract with the remaining invoices processed on a first-come, first-served…

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