Last week, auditing heavyweight PricewaterhouseCoopers and federal financial management systems provider Global Computer Enterprises announced that they are joining forces to bring the federal government an "Oracle-based governance, risk and compliance solution." According to the GCE Web site:
PwC and GCE will work together to configure the Oracle GRC applications within GCE's Federal Shared Service Provider (SSP) Appliance. As a leader in A-123 assessment services across the federal government, PwC will provide specific insight and advice to GCE on federal compliance requirements as these applications are configured.
Most recently, GCE successfully implemented its Federal Shared Service Provider Appliance within the cloud for the U.S. Department of Labor, which PwC public-sector practice partner Mac Henderson calls a "testament to GCE's leadership in the field." Of the partnership, Henderson says:
PwC has a long-standing commitment to the federal financial management community, and we are pleased to team with GCE to help federal agencies meet the requirements of Office of Management and Budget's Financial Management Line of Business (FMLoB) initiative.
The FMLoB initiative, according to the OMB Web site, began in 2006 when the federal government began requiring agencies that were upgrading their financial management systems to move to hosted or shared services.