Business and Financial Management Solutions LLC.

Business and Financial Management Solutions LLC., known as BFS, is a public sector compliance consultancy based in Austin, Texas. For almost two decades it has helped agencies and education bodies manage federal, state and local funding, with a focus on oversight, internal controls and grant management.

What Business and Financial Management Solutions LLC. offers

• Subrecipient monitoring — risk-based oversight of organisations that receive passed-through funds.
• Grant compliance reviews — federal grant reviews and preparation for audits.
• Internal controls — assessing and designing controls, plus process reviews and policy writing.
• Corrective action plans — developing and carrying out fixes after findings.
• Grant support and closeout — help across the grant lifecycle, including closing awards.
• DECODED® training — books, workshops, live sessions and tools that explain grant, procurement and budgeting rules.

Who it works with

Clients include state agencies, local governments, school districts and charter schools, colleges and universities, and nonprofits administering public money. Work can be co-sourced, fully outsourced or project-based.

Key facts

• Based in: Austin, Texas
• Credentials: staff hold CPA, CIA, CGAP, CFE, CRMA, CGFM, PMP and JD qualifications
• Publications: the DECODED® series, known as The Purple Book