Solutions Through Innovative Technologies, Inc.

Financial Management and Accounting Systems

STI provides financial management, audit preparation, and budgeting services to control costs, maximize returns and preserve your company’s assets. We have the unique resident expertise and skills in the public sector to manage a financial system implementation project; configure application setup criteria; complete data conversion; integrate and interface multiple systems, including legacy feeder applications; train users on selected systems; administer database functions; and design the communication and hardware architecture.

There are many constraints that guide decisions regarding how your technical infrastructure, business requirements, and new technologies are implemented. We deliver innovative solutions to accomplish system changes efficiently, smoothly, and within your planned financial and timetable goals.

Financial Management Services:

Baseline analysis documenting, evaluating, and improving financial processes and internal controls to support audit preparation, audit remediation, and assertion package compilation;

Establishing sound practices to effectively implement Planning, Programming, Budgeting and Execution policies;

Documenting the processes, improving the effectiveness of operations and the re liability of data in accounts payable; accounts receivable; property, plant and equipment (PP&E); inventory; and other accounts;

Preparing and analyzing financial statements with a focus on improving content to increase agency scores

Financial/Accounting Systems Solutions:

Planning, Programming, Budgeting and Execution (PPBE)

Financial Accounting Operations

Provide Account Analysis

Provide Property / Inventory Accounting

Financial Statement Data Reconciliation

Implement Accounting Improvements

Seamless Financial System Integration

Federal Guidelines:

Generally Accepted Accounting Principals (GAAP)

Federal Accounting Standards Advisory Board (FASAB) Standards and Concepts

Department of Defense’s Financial Management Regulation (FMR)

U.S. Treasury’s United States Standard General Ledger (USSGL)

Office of Management and Budget (OMB) Circular A-123