Financial Management Modernization Initiative (FMMI) is one way that USDA has modernize its financial systems to improve overall financial management performance. It provides online, real-time transaction capabilities. FMMI allows agencies to be more financially accountable and transparent in our spending.
FMMI integrates a majority of the financial capabilities of the USDA. This integration allows for a single data entry into the system - significantly decreasing the number of manual reconciliations currently being performed throughout USDA. Integration also improves planning, programming, budgeting and execution through the use of integrated output data from financial and non-financial sources.