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Oversight Systems Selected for DATA Demonstration Day in D.C., Helps Government Leverage Data Analysis for Cutting Waste

on May 15, 2013

Oversight is proud to be invited by the House Committee on Oversight and Government Reform, led by Chairman Darrell Issa, to present at the DATA Demonstration Day tomorrow, May 16th, in Washington, DC.  We’ll be part of an educational demonstration for Members of Congress, Congressional Staff, and the public showing ways in which technology could help the federal government cut waste through greater transparency and consistency of data formats.  We’re excited by this opportunity because it provides us a forum to share what we’re already doing to help the US Department of Defense, the US Department of Education, and the US Department of Commerce prevent over $2 billion improper payments on an annual basis and reconcile expenditures.   The departments are leaders in preventing improper payments and thereby safeguarding the taxpayers’ money to assure that it is spent as it was intended.  Each of these departments faces challenges resulting from numerous legacy systems with disparate data formats, modern systems of varying data formats, and the need to bring together information from other agencies, departments, states, municipalities, and grant recipients. We’re also looking forward to the opportunity to discuss how the DATA Act can help us to provide even greater insights to government departments and agencies.  The greatest challenges to monitoring federal assistance and procurement programs today are the access to, quality, and format of data from recipients.  Consistent data standards for spending will allow for greatly enhanced benchmarking and information sharing between agencies to achieve greater insights into problematic vendors, evidence of fraud schemes before they hit multiple agencies, and greater visibility for spending experiences across agencies to help all agencies make better decisions.  By mandating consistent data identifiers and formats for filings by federal grantees and contractors, the DATA Act will allow both agencies and their inspectors general to gain better insight into the most problematic areas of federal improper payments, including federal grants and entitlement programs.  When the DATA Act is implemented, Oversight Systems will be able to augment its existing solutions, and design new ones, by seamlessly incorporating interoperable recipient data sourced from different agencies or from USASpending.gov.