RPA, Blockchain Help HHS Make Financial Reporting Better

Foundational development in data quality can enable improved financial workflows and accountability through automation.

Governmentwide, agencies are grappling with how to make financial reporting better. And of course technology has a lot of promise for that. At the Department of Health and Human Services’ Program Support Center, the financial office is looking at robotic process automation (RPA), blockchain and risk management to improve transparency and privacy around grants management. Plus, the efficiencies brought on through these technologies enable the agency to be more accountable to stakeholders.

HHS PSC Chief Financial Officer Mike Peckham and OneStream Software Vice President Michael Germaine discuss the financial management modernization landscape and some best practices to navigate it.