financial management

Financial Management

Financial operations require flexibility and constant consideration of the federal budget climate, emerging technologies, and agency specific requirements. Technology Management Solutions provides streamlined, data-driven processes that can be implemented in new and existing financial software systems. Our strategies emphasize the importance of readily available financial reporting, collaborating with key stakeholders to understand needs, and utilizing best practices across the federal government to improve overall financial transparency and performance for our clients. Whether developing budget templates, financial reports, or analyzing your financial performance, TMS uses proven process that simplify and improve your financial operations and management processes

Core Services

Financial Report Development and
Analysis
Spend Plan/Budget Formulation,
Tracking, and Interpretation
Cost Modeling

Acquisition & Contract Lifecycle
Support Services
Asset and Risk Analysis
Financial Execution Review
Financial Software System Expertise
Invoice Processing

Transportation Security Administration

Technology Management Solutions provides comprehensive

financial management services across various TSA Program

Offices. Core functions include spend plan support, financial

system and funding analysis, and procurement support programs.

Spend Plan Development and Analysis

Daily Spend Plan Tracking and Reconciliation
Budget Formulation
Identifying efficiencies, cost savings, requesting change
approval and adjusting the spend plan allocations
Documentation of financial execution
Year-End budget reconciliation

Financial Reporting/Analysis

Running, creating, and analyzing financial reports (i.e. SOF,
obligation/commitment report, LOA execution summaries)
Communicating shortfalls and constraints to procurement
Cost Share Development
Financial summaries, schedules, statistical evidence, and
written justifications for the resource allocation

Acquisition/Operation Support

Processing procurement requests
Contract Amendment Analysis
Development and Maintenance of procurement tracking tools
Financial/Procurement System Processes (FSMS)
Training federal counterparts on system(s) processes

Federal Emergency Management Agency

TMS provided financial management process

development, analysis, and budgetary support for the

FEMA Office of the Chief Administrator, supporting

the viability and efficient financial performance during

their programmatic modernization and organizational

restructuring.

Project deliverables included:

Accurate Cost Modeling
Financial Management Structures
Resource Allocation Planning
Budget and Billing Code Documentation
Budget Justifications and Summaries

Customer Testimonials

Deep and comprehensive understanding of federal budget cycle and financial reporting needs at TSA. After joining our resource management team, you quickly learned our procurement processes, and offered thoughtful ways to improve upon contract execution.

FEMA OCAO

By analyzing actual costs and developing a fair and transparent cost allocation and charge-back methodology, we were able to understand the cost of individual services and gain back the trust of our customers.

TSA POMS