Financial Management Services

Location:

Boston, Massachusetts, United States

Posted on:

Deadline:

Summary:

The government in Boston, Massachusetts seeks financial management services, including fund disbursement, payroll, provider verification, and Medicaid claim support.

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A government authority in Boston, Massachusetts is seeking a vendor to provide comprehensive financial management services. These services involve assisting individuals in disbursing allocated funds according to individual budgets and person-centered plans. Key responsibilities include facilitating the employment of service and support workers, managing payments, fiscal accounting, tax withholding, and ensuring compliance with state and federal employment laws. The vendor will also be responsible for verifying provider qualifications and conducting criminal background checks, as well as preparing expenditure reports.

The selected vendor must track service line budget allocations and revision histories, handle payment of invoices and timesheets for a network of providers and participants, and enable robust search capabilities utilizing various criteria. Additionally, the provider must deliver information and data to assist the Department of Developmental Services (DDS) in preparing Medicaid claims and responding to audits. Payroll functions, including compliance with tax, labor, worker’s compensation, disability insurance, and employment eligibility requirements, are also required.

Best-fit vendors:

• Experience providing financial management services in the public sector

• Ability to manage payroll, tax withholding, and employment law compliance

• Proven track record handling Medicaid claim preparations and audits

• Expertise in fiscal accounting and expenditure reporting

• Presence or operations in Massachusetts

BG

Submit your next proposal, within 48 hours or less

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Submit your next proposal, within 48 hours or less

Stay ahead with the latest advancement in proposal automation.

BG

Submit your next proposal, within 48 hours or less

Stay ahead with the latest advancement in proposal automation.