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MCPS Form 33545 January 2021Request for Change of

MCPS Form 33545 January 2021Request for Change of

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hello I'm Nicola diamond the Montgomery County public school chief financial officer you may be hearing about changes coming to FMS and wondering how the changes will affect your work this is more than a software upgrade we are working to launch a whole new cloud system to help us manage finances and budget across the system we realize that a change of this magnitude will have its challenges but it will also have long lasting benefits for all of us we're rethinking business processes so we can adopt the industry best practices applied in the Oracle cloud this may mean some changes for us because of that I want to take this time to provide some perspective about what will and will not change and especially what this means for you one significant change involves our chart of accounts there will be a few changes to the account string in the cloud including segments definitions labels and the order of segments these changes are necessary to align us with the best practices of the modern cl

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