Deloitte has built proven solutions that tackle an organization’s unliquidated obligations (ULO) and unmatched disbursements (UMD) pain points. Through a custom, configured implementation, an organization can now implement continuous monitoring of their entire UMD/ULO landscape. Intelligent flagging of high-risk ULOs using machine learning and leveraging automated remediation can optimize the de-obligation and contract closeout processes.

The case for ObligationOverwatch^TM

What’s ObligationOverwatch^TM ?

A configurable platform specifically designed for the federal procure-to-pay process, which adds more transparency and effectiveness to the management of ULOs. A single centralized location for analyzing ULOs enables greater oversight; implementation of proper internal controls; and standardized processes for performing causative research, flagging ULOs for de-obligation, and reconciling balances.

What are the problems that federal agencies are experiencing?

Agencies often struggle with managing budget authority and open obligations, often leaving money on the table that could have been repositioned for unfunded requirements. Additionally, the review and oversight of ULOs and UMDs are cited by auditors as being a material weakness for many federal agencies. Challenges such as disparate systems, data integrity issues, and nonstandard processes can cause a lack of visibility, accountability, and ultimately ineffective management of funds that results in reduced obligation authority and funds returning to Treasury unused.

What value does ObligationOverwatch^TM bring to federal agencies?

AI-powered monitoring and resolution of high-risk UMDs and ULOs allows for a timelier and more proactive deobligation of ULOs to be repurposed for other mission-critical activities. ObligationOverwatch^TM provides a clear picture of an agency’s status of funds to enable an easier method for maximizing the use of funding authority.

The challenge versus what ObligationOverwatch^TM can do to help