Momentum Financials is American Management Systems' (AMS) accounting software designed specifically for use in federal agencies. Momentum Financials is a web-based, multi-tier enterprise solution that is fully compliant with JFMIP core accounting requirements and has been implemented at over 20 federal agencies. Momentum Financials offers modules that can be chosen based on the needs of individual agencies. Modules include, but are not limited to: General Ledger, Acquisitions, Purchasing, Budget Formulation, Budget Execution, Receivables, Collections, Payables, Planning, Disbursements, Cost Allocation, Fixed Assets, Workflow, Project Cost Accounting and External Reporting.

Momentum's open systems architecture supports dynamic interoperability with other federal systems, so reports and financial information can flow freely throughout the entire agency enterprise, enhancing your control. For more information on Momentum, please visit http://www.ams.com/federalsolutions/momentum.

The NBC offers Momentum Financials to federal agencies through a cross-servicing agreement. The NBC has a successful track record of implementing financial systems in both large and small agencies. NBC staff consists of systems accountants, operating accountants, computer specialists and developers with a range of experience in public sector financial operations. NBC offers full application service provider capabilities as well, so agencies can outsource their entire financial system migration.

Momentum highlights include:

User-defined queries for up-to-the-minute project status

Multi-tier, distributed and web-enabled

Online analytical processing enhances decision support

Program spending alerts for key budget items

State of the art knowledge retrieval

Hundreds of standardized reports and queries

Real time ad hoc reporting capabilities

Graphical user interface

Electronic routing and approval functionality

Robust security that allows management of users at all levels of system functionality

Agency-defined code lengths and screen labels

On-line tracking of original financial documents, corrections and amendments

Drill-down from account summaries to document details

Direct online viewing of related financial documents through a document chain facility

Streamlined data entry using shorthand templates

User-defined operating plans that can be tracked by month, quarter, or year

Automated matching of invoices, obligations and receiving reports either entered directly into Momentum Financials or received from Momentum

Predefined SGL-compliant general ledger posting rules, fully adaptable to agency chart of accounts and variations

Seamless integration with third-party office automation tools including word processing, spreadsheet and document imaging facilities