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Binary Group Awarded the GSA Financial and Business Solutions (FABS) Schedule

Binary Group, an award-winning woman-owned business and leading financial management provider to the Federal Government has announced the company has been awarded a General Services Administration (GSA) Financial & Business Solutions (FABS) Multiple Award Schedule.

Through this contract, agencies will have direct access to Binary’s financial management subject matter experts and comprehensive financial & cost management, accounting, budgeting, ERP and FM systems, auditing, and program management capabilities and solutions, thoroughly addressing the current and changing needs of the Federal financial community.

Binary has supported the Army and DoD FM community for over 10 years with proven financial performance assessments, training, workshops, program management, and consulting capabilities, helping organizations to leverage ERP and FM systems, optimize resources, and maximize purchasing power quickly and cost effectively.

Applying their Outcome Driven Enterprise Approach™ to every engagement, Binary generates results within a few weeks or months. Binary’s team has helped organizations identify problem transactions that can reduce purchasing power, improve proficiency in accounts payable and disbursing to avoid loss of funds, reduce time and costs with over-the-shoulder and reach back support, and prepare for audit readiness with better internal controls. This GSA FABS schedule award enables Binary to extend its financial management solutions and capabilities to an even greater array of public sector agencies that are facing these same challenges.

“In this fiscally constrained environment, organizations can no longer afford traditional contracts for more FTEs or long-term engagements,” stated David Stephens, Binary’s President and COO. “Focused on outcomes that matter to the financial enterprise, Binary is uniquely positioned with the knowledge, expertise and ‘quick strike’ approach to help organizations fund an expanding set of mission requirements with less resources.”

The 33rd FMSU at Fort Drum, JTF-Bravo in Honduras, and Fort Bliss recently selected Binary to provide tailored training programs because no other company nor the institutional Army could deliver the type and quality of training needed to ensure mission success. Fort Belvoir chose Binary to conduct a Review and Analysis of their financial health, identifying over $4 million that could be redirected to mission requirements. Binary has provided GFEBS program management and functional support since 2005, helping the Army to successfully deploy the SAP ERP-based system to 53,000 users worldwide.

Binary can provide capabilities in following areas:

  • SIN 520-11: Accounting
  • SIN 520-12: Budgeting
  • SIN 520-13 Complementary Financial Management Services
  • SIN 520-17: Risk Assessment and Mitigation Services
  • SIN 520-21: Program Management Services

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