The Federal Communications Commission (FCC) selected Momentum to serve as the basis for its new Budget Execution and Management System (BEAMS). Momentum will interface with the FCC's FFS application to receive the relevant financial data for allocation and related reporting. Momentum will also interface with the National Finance Center (NFC) for Payroll Data. BEAMS will support the FCC's goal of implementing a full-featured system to accumulate and report the costs of all aspects of FCC activities. It will also allow the FCC to comply with the policies and guidelines of the CFO Act, the Government Performance and Results Act (GPRA), the Government Management Reform Act (GMRA), and the Clinger-Cohen Act, which provide the statutory foundation to better allocate resources and monitor program spending. The FCC is on schedule to Go-Live with BEAMS on November 30, 2003

The National Labor Relations Board (NLRB) selected Momentum as its migration path from FFS to take advantage of the latest technological and functional advances Momentum offers. One major factor was the integration of federal procurement functionality into the core product. NLRB also represents a composite of the various administrative systems NBC offers, including FPPS for payroll, Travel Manager, and Hyperion Enterprise for financial statement preparation. NLRB is targeted to go into production in April 2004.

The Farm Credit Administration (FCA) also selected Momentum as its migration path from FFS. One of the determining factors was Momentum's recent JFMIP certification, which will assure FCA that their financial system is fully compliant with applicable federal requirements. FCA is targeted to go into production in October 2004.

For more information

Todd Neison

Todd_E_Neison@nbc.gov