Effective financial management of all federal initiatives, programs, and investments is an integral part of responsible stewardship of taxpayer dollars. This requires a fundamental shift in thinking – from viewing finance as a “support” function to a key area of support to the enterprise in fulfilling its goals and objectives.
- Budget Planning and Forecasting Support: Develop detailed and roll-up cost estimates for major investment programs to support agency level budget planning.
- Financial Auditing: Proactive financial auditing and monitoring to ensure all aspects of the contract are within the purview of the Acquisition Management System.
- Financial Transaction Validity: Confirmation of financial transactions via auditing enabling customer to focus on program and project goals.
- Contract Close-Outs: Support for basic and comprehensive fiscal year closings of all projects and close-outs at contract end.
- Skilled Workforce: Skilled team with financial management competency applied toward budget planning and forecasting and increasing project accounting transparency.
- Intelligent Solution: Train customers’ contracting office personnel to proactive contract closeout for timely deobligation of unliquidated balances.
- Effectiveness: Improved state of preparedness for possible audits due to greater transparency and on-time contract closeouts identifying areas of improvement.
- Reduced Cost: Proper contract management helps the customer save money by repurposing unused funds for other priorities and stretching budgets.