Financial Management

Binary Group empowers leaders and financial managers who struggle to fund ever-expanding mission requirements with the same or less resources to effectively manage resources, improve their team's financial management proficiency, and make smarter decisions, increasing purchasing power, reducing costs, and optimizing performance.

Finance operations and resource managers  problem transactions,  that can negatively impact your organization's purchasing power, Binary's FM Ecosystem™ of experts, technologies, capabilities, and 17-year track record of success can help organizations to make essential resource-informed decisions and harvest funds, enabling mission accomplishment, supporting unfunded requirements, meeting audit readiness, and continuously improving financial performance.

Binary’s Outcome Driven Enterprise Approach™…our continued commitment to deliver results quickly, identify cost efficiencies and savings, and accelerate time to value for every client…maintains Binary’s competitive edge in the financial community. Binary has been providing financial and cost management solutions to the Army and DoD for 10 years, delivering billions of dollars in value and cost savings.

With the current fiscal uncertainty and the government’s efforts to reduce the Nation’s debt, DoD has come under significant budget scrutiny, resulting in reduced funding available to accomplish its mission. Leaders can no longer rely on the war-related supplemental funding that has been previously available to meet the needs of their mission.

Binary offers the financial community a different approach to improving financial management operations through better cost management, controls, reporting and training that moves organizations in the direction of “working smarter,” improving efficiencies, and enabling intelligent resource-informed decisions to increase operational performance.

Organizations have several challenges in optimizing the Financial Management Enterprise, including little to no experience in cost management and cost-benefit analysis principles, insufficient proficiency on GFEBS and functional responsibilities, dealing with problem transactions and IDoc errors and more. Creating and sustaining a cost culture involves people, process, policies, systems, and most importantly commitment leadership dedicated to transforming the organization. 

Binary's hands-on GFEBS and other ERP/FM systems experience, functional support in all financial management aspects, Subject Matter Experts (SME) highly skilled on GFEBS and full spectrum financial operations, and proven reporting and training solutions comprise Binary's FM Ecosystem™.  Binary provides the FM Community the most in-depth expertise in every financial management discipline, a comprehensive set of technologies and capabilities, and the SMEs that understand the Army and DoD needs, helping organizations to effectively fund mission requirements, identify cost savings, and lower UFR lines.

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Binary’s broad expertise includes:

  • Supporting many Army organizations with consulting, services, and training on ERP systems, providing in-depth systems knowledge of GFEBS, G-Army, LMP and legacy solutions
  • Working with U.S. Army Financial Management School to develop three cost management training courses: Principles of Cost Analysis and Management (PCAM), Intermediate Cost Analysis and Management (ICAM) and The General Funds Enterprise Business System (GFEBS) Cost Management Course, helping the Army inculcate a cost culture through education on cost analysis and management while applying cost management principles within GFEBS to support cost- informed decision-making across the Army Enterprise
  • A team with very strong government cost accounting / financial management skills with over a million hours of training and services support on projects and systems for Army, DoD and other clients.
  • A proven training methodology and comprehensive training system, SMARTi that optimizes interaction, improves proficiency and retention, and produces results fast.
  • Implement internal controls, documentation, and business processes, enabling customers to complete required financial and audit readiness reporting.
  • Successful track record of accelerating deployments and results by applying our Outcome Driven Enterprise Approach™.