Common Issues for CFOs
Budget Execution Inefficiencies & Waste
Weak Internal Controls
& Audit Readiness
Slow, Error-Prone Financial Close
53
The number of material weaknesses reported by CFO Act agencies
3
The average number of weeks to finalize month-end close
24
The billions of dollars of total budget authority is cancelled government-wide each year
50
The percentage of CFO Act agencies who reported material weaknesses or significant deficiencies in information system controls in FY 2024
162
The billions of dollars in improper payments—fraud, waste, and error
29
The percentage of total DoD Notice of Findings and Recommendations (NFRs) remediated in FY 2024, down from 35% in FY 2023
The Solution
The Frontec Financial Advantage
As a specialized fintech consultancy for government CFOs, Frontec Financial pairs deep federal-government domain expertise with cutting-edge finance technology. We don’t just recommend solutions—we partner through implementation, training, and continuous improvement. The result?
Strong Controls. Faster Closes. Smarter Budgets.
Partnering exclusively with public sector organizations to tackle CFO challenges through innovative technology.
Our Financial Managment Capabilities
1
FM Advisory
End-to-end financial management solutions tailored to enhance fiscal health, transparency, and better decision-making. Our services include budgeting and forecasting, cash flow analysis, risk management, and strategic financial planning. We help agencies align financial performance with long-term goals and mission.
2
Audit & Attestation
We streamline CFO related documentation, fortify internal controls, and minimize risk exposure—plus we offer full Attestation Services, from Financial Statement Audits and Internal Control Reviews to Regulatory Compliance Reporting—so you can trust your records meet the highest standards.
3
Process Optimization
We identify and eliminate bottlenecks across your finance value-chain—from procure-to-pay and grant management to revenue recognition—by mapping workflows, automating manual tasks, embedding real-time dashboards, and more. The outcome: reduced errors, lower operating costs, and freed-up staff capacity to focus on strategic priorities.
Our Tech Capabilities
1
Robotic Process Automation (RPA)
Benefit from faster turnaround times, reduced errors, and measurable cost savings—while ensuring strict compliance with regulatory requirements. Our RPA solutions automate repetitive, rules-based tasks such as invoice processing, data entry, and report generation, freeing your team to focus on strategic initiatives.
3
Cybersecurity
Protect your critical data and systems with our comprehensive cybersecurity services. From risk assessments and vulnerability testing to continuous monitoring and incident response, we build layered defenses tailored to your agency’s needs. Stay ahead of evolving threats with proactive threat intelligence, employee training, and robust compliance frameworks—so you can safeguard the mission.
4
Custom Software Development
Transform your agency’s operations with custom software development tailored to your unique requirements. From intuitive user interfaces and seamless systems integration to scalable architectures and ERPs with rigorous security standards, we build solutions that evolve with your mission. Empower your teams with tools designed for efficiency, transparency, and collaboration—backed by ongoing support and maintenance.
5
Existing Software Support
Keep your critical enterprise systems running smoothly with our expert support for existing software solutions—including SAP and Oracle—backed by dedicated help desk services, seamless integration into core business processes, and tailored support and training documentation, all aligned with your agency’s policies and goals.
Tailored Solutions for Government Agencies
Frontec Financial integrates seamlessly with the ecosystem of government agencies, offering tailored solutions to address their most challenging and complex requirements. Our proactive and dedicated approach ensures that we meet the unique needs of each agency, maintaining the highest standards of quality and professionalism.