BroadPoint Federal Joins Treasury’s Elite FM QSMO Marketplace to Modernize Federal Financial Management!
Bethesda, Maryland (February 3, 2025) — BroadPoint Federal (BroadPoint), a small business specializing in financial management technology services, proudly announces that it has been selected by the U.S. Department of the Treasury, Bureau of the Fiscal Service to provide financial management services and solutions to federal agencies through a government-wide shared services marketplace. Treasury’s Financial Management Quality Service Management Office (FM QSMO) combines federal and commercial providers into a single marketplace that offers agencies easy access to financial management systems, solutions, and services.
“BroadPoint’s inclusion in the FM QSMO Marketplace reflects our unwavering commitment to delivering cutting-edge financial management solutions tailored to the unique needs of federal agencies,” said Lee Raesly, BroadPoint CEO. “This milestone not only highlights our expertise but also solidifies our role as a trusted partner in driving innovation and operational excellence within the federal financial management landscape.”
BroadPoint is among fifteen commercial vendors to be admitted into the FM QSMO marketplace. Within its service package, BroadPoint will partner with eMentum to provide financial management support services in the following areas:
Business and Financial Operations
Business Intelligence Reporting, Dashboards, and Decision Systems
Customer Experience and Human-Centered Design
Documentation and Training
FM Database Management
FM Integration
FM Operations and Maintenance
FM System Integration and Enterprise Resource Planning
General Analysis
Organizational Change Management
Project, Program, and Portfolio Management
Strategic Advisory
Strategic Communications
Transition and Adoption
“Our mission at BroadPoint has always been to empower federal agencies with the tools and strategies needed to modernize their financial systems and meet the highest standards of compliance and efficiency,” said Parag Patni, Chief Delivery Officer. “By leveraging the Financial Management Capability Framework (FMCF), we are uniquely positioned to help agencies tackle today’s challenges and build resilient financial management systems for the future.”
About BroadPoint Federal, Inc.
BroadPoint Federal is a leader in supporting federal organizations with their financial and case management needs. BroadPoint delivers a comprehensive suite of professional services designed to empower agencies with innovative solutions and high-quality results. More information about BroadPoint Federal can be found at broadpointfederal.com.
FM QSMO
The FM QSMO is a Treasury initiative that offers a marketplace of systems and services that drives innovation, compliance with federal policies, standardization, and automation. The initiative is a key part of reaching goals under Treasury’s 10-year Vision for the Future of Federal Financial Management.