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The Coast Guard is working with the Department of Homeland Security to develop and implement an acquisition strategy for the program.

The Coast Guard transitioned to a new financial management and procurement system, the DHS Financial Systems Modernization Solution, Dec. 17, 2021.




Financial Management
Service Improvement Initiative

The Financial Management Services Improvement Initiative will acquire a modernized financial management system that will enable the Coast Guard to better control its resources, with more efficient execution of financial tasks and improved sustainability.


  • Updated bookkeeping methods to keep the Coast Guard compliant with federal standards.
  • Reduces maintenance costs.
  • Consolidated financial operations that reduce the financial record-keeping burden for field commanders.
  • Simpler auditing, resulting in greater accountability.
  • Reduced need for software development.
  • No need for extensive software installation or upgrades on Coast Guard computers, reducing workload for Coast Guard personnel, and increasing software availability.