With a newfound national focus on financial integrity, MSG takes great pride in ensuring that our federal clients are able to manage their funds accurately, honestly, and efficiently. We provide extensive financial management services to diverse clients ranging from the US Treasury to the US Department of Labor.
MSG’s work touches on numerous high-priority issues, such as measuring the performance of Shared Service Providers, ensuring Federal Employees certify payments correctly, and supporting grantees in managing their awards. Effective grant management is a vital part of many of our client’s missions, as it ensures state and local systems are effectively and efficiently using resources provided to them to bolster employment opportunities, and, ultimately, the nation’s economy. |
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MSG’s services highlight our ability to leverage in-house benchmarking expertise with functional experts who understand federal financial management processes. Our delivery method is centered around key tenets of measuring performance, including defining processes and metrics, aligning definitions, collecting and aligning data, and developing aggregation logic. Our flexible approach ensures that our methodology and tools are consistently refined and update. |
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Alternative Payment Processing
Traditional payment processing takes a familiar form, often an authorized check sent by mail. Alternative payment systems, such as Google Wallet, Venmo, and Paypal, have the power to transform the entire government payment scheme and potentially save substantial amounts of taxpayer-provided funds. MSG has been enlisted by the U.S. Treasury to explore alternative payment options and to test out their feasibility in a variety of agency contexts.
Financial Grant Management Training
Effective grant management is a key component of grant performance, and when not executed well, can even lead to fraud, abuse, and waste of government funds. MSG’s Training practice supports grant recipients in better managing their finances and complying with federal regulations so that they can focus on their core missions.
Shared Service Providers, or a specific function within one agency that is extended to others, have the potential to both increase efficiency and reduce costs of federal operations. MSG’s work with the U.S. Department of Treasury helps employees to understand both the benefits of SSPs and how to best leverage their offerings.
Financial Management Benchmarking
Financial management benchmarking helps agencies develop an external point of reference by which the quality or value of financial functional areas can be measured. The firm has worked with numerous organizations to determine appropriate benchmarks that encourage them to excel at their core objectives.
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Related News
Monday, March 17, 2014
MSG to Develop Financial Management Training for DOL Grant Recipients
MSG has been awarded a contract with the Department of Labor’s Employment and Training Administration to ensure effective grant management at the state and local level. Effective grants management is a grant recipient... read full article
Wednesday, January 15, 2014
MSG Awarded Contract to Deliver Benchmark Analysis for the U.S. Treasury's Invoice Processing Plaform
MSG is pleased to announce that it has recently been awarded a contract by the Federal Reserve Bank of Boston (FRBB) to provide a benchmark analysis of cost savings for the U.S. Treasury's Invoice Processing Platform ... read full article
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