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Financial Innovation & Transformation

Financial Innovation & Transformation

The Office of Financial Innovation & Transformation (FIT) identifies and helps to carry out innovative solutions so that government agencies can become more efficient and transparent in federal financial management.

Our initiatives are aligned with the organization's three priorities: Innovation, Transformation, and Optimization in federal financial management.

One of FIT's major roles is managing the government-wide Financial Management Line of Business (FMLoB). It is a partnership of federal agencies finding new ways to solve the government’s needs for better financial management.

Partner with us to:

  • Advance federal financial management
  • Identify and pilot promising technology
  • Improve customer experience
  • Promote federal financial management standards

What Is FIT Doing To...

Increase back-office productivity

Cut waste

Improve program effectiveness

Achieve economies of scale

Financial Management Innovation Partnership

Managing the FMLoB

Learn About FIT Projects


Becoming More Agile: Lessons Learned from the Pandemic

By David Lebryk, Fiscal Assistant Secretary, U.S. Department of the Treasury

Fiscal Service Releases Playbook to Help Agencies Digitally Transform Their Business Processes

Fiscal Service Tests Improving Federal Financial Management Using Artificial Intelligence

Fiscal Service Reimagines Federal Financial Management Guidance

Fiscal Service Launches Two Innovative Projects to Shape How Government Evaluates and Adopts Emerging Technology

Call for Proposals – Financial Management Innovation Partnership – Due Date: July 10, 2020

See All Updates

50+ Posts on Innovation to Stir Your Curiosity

'How Government Built This - Strengthening and Empowering Our People & Culture’ – Coalition Building Enabled by Emerging Tech

May 9, 2023

'How Government Built This - Strengthening and Empowering Our People & Culture’ – How Empowerment leads to Innovation

April 26, 2023

Treasury Financial Experience(TFX) New Release

March 03, 2023

‘How Government Built This’ Innovation Spotlight: Strengthening and Empowering Our People & Culture’ – How Psychological Safety paves the way for Empowerment

March 01, 2023

‘How Government Built This’ Innovation Spotlight: Encouraging Change by Putting People First to Enable Action – Treasury’s Approach to Digital Transformation

November 02, 2022

See All Blog Posts

Expand Your Horizon with FIT at these Events

2020 Events

Association of Government Accountants (AGA) Professional Development Training (PDT):  July 19-22, 2020

2020 Government Financial Management Conference (GFMC):  August, 2020

American Council for Technology and Industry Advisory Council (ACT-IAC) Imagine Nation ELC 2020:  October, 2020

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Last modified 05/09/23