Managing and tracking intragovernmental transfers (IGTs), and achieving accurate reporting can be a real challenge. Incomplete data, lack of visibility into the activity of your trading partner, and reconciling your Funds Balance with Treasury are just a few of the obstacles.
IGT Network fills in the gaps
With IGT Network, you can consolidate data from multiple sources such as Treasury, DCAS, your financial system, or other related systems. IGT Network pulls the data together in one place so that you can perform detailed analysis and reconciliation of all records related to IGT.
IGT Network even delivers much needed support for direct cite transactions by offering visibility into the obligation and funds disbursement activity by the servicing agency.
With this level of insight, you can easily identify missing transactions, process eliminations, and reconcile your internal records with the Funds Balance at Treasury. IGT Network can even provide the IGT data you need to support the auditability of your Statement of Budgetary Resources.
In addition, IGT Network is a centralized portal where requesting and servicing can create and accept intergovernmental orders, both MIPRs and IAAs. IGT Network will enforce all DPAP regulations (statutory authority, funds expiration, bona fide need, etc.). It offers customizable business rules and approval workflows, and can facilitate buyer and seller collaboration throughout the process.
IGT Network is built upon a SOA compliant architecture and comes fully loaded with the standard web services and APIs allowing it to integrate with other internal/legacy systems. IGT Network’s built-in security features have met or exceeded the security requirements of all the agencies where it has been implemented, including passing rigorous federal agency certification and accreditation (C&A) tests.
Integrated with federal systems including: