SO-OCFO-NFC-Payroll Services
Investment ID: 005-000000235
Overview
Program Title
SO-OCFO-NFC-Payroll Services
Description
A major investment that provides NFC customers personnel, payroll and payroll accounting applications and services. The systems operate to meet OPM requirements established for the NFC as a Shared Service Provider (SSP).
Type of Program
Major IT Investments
Multi-Agency Category
Electronic Records Management
Associated Websites
https://www.nfc.usda.gov/, https://www.nfc.usda.gov/reporting/warnmsg.aspx, https://www.nfc.usda.gov/spps/, https://train.nfc.usda.gov, https://tips.nfc.usda.gov, https://www2.nfc.usda.gov, https://doj.wta.nfc.usda.gov, https://tips.nfc.usda.gov, https://etas.hs.nfc.usda.gov, https://ww.nfc.usda.gov/spps/
Investment Detail
The NFC Shared Services IT Systems Investment provides Human Resource line of business (HRLOB) and hosting services to 170 Federal Organizations. The shared services provided include accurate and timely payroll to approximately 650,000 federal employees within the federal organization customers. The investment detailed life-cycle cost is required to continue providing these human resource and financial services to the federal organizations. The return on investment is realized by the customer organizations by reducing the cost (cost avoidance) of providing the HR services to the federal employees directly or by another service provider. Further, the EmpowHR EPM produced a positive ROI of 86% with a payback period of 3.9 years.