A Pivotal Play
OMB, Treasury Champion New Tool to Cease Improper Payments
Why is this a Pivotal Play?
Congress has been charged with finding ways to stop improper payments. But the U.S. Department of the Treasury and Office of Management and Budget (OMB) didn't wait. The organizations took the initiative to create and roll out a new tool for all agencies to fight wasteful government spending on improper payments. We applaud the OMB and Treasury for making a Pivotal Play that will no doubt make a big dent in a big problem.
The "Do Not Pay" tool is a single-access, self-serving platform that pulls together and mines through numerous government databases to reduce erroneous payments to ineligible recipients.
The system also uses data services to pull in external sources and utilizes advanced analytics to identify trends, risks, and patterns that enable agencies to be proactive in their efforts to cut waste.
The U.S. government has a goal to reduce improper payments by $50 billion by 2013. With the help of the Do Not Pay tool, the U.S. government now has a chance to reach its goal by stopping improper payments before they happen. To drive use of the tool, OMB required all CFO's of government agencies to submit draft plans by June 30, 2012, outlining how they would utilize the Do Not Pay tool.
We give kudos to all of the champions, developers, and early adopters of the new Do Not Pay tool.