Collections and Cash Management Modernization (CCMM)
The Collections and Cash Management Modernization (CCMM) initiative is a multi-year effort to simplify and modernize the collections and cash management programs of FMS and the Department of the Treasury.
CCMM involves a re-architecting of processes that have built up over decades. It impacts over two dozen programs that process collections for hundreds of agency cash flows (taxes, customs duties, coin sales, etc.), conduct over 400 million transactions a year, and collect over $3.1 trillion a year.
Ultimately, CCMM will allow FMS to become more efficient, minimize costs, and improve its ability to meet the needs of agencies in the years to come.
Questions for the Modernization Planning Office about the CCMM initiative?E-mail: firstname.lastname@example.org