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Paperless’ GPC Solution Approved as First Source on Treasury’s FM Marketplace

Jan 26, 2024

Paperless Innovations, Inc. has been authorized as the first small business to provide compliant financial management SaaS solutions for government purchase cards (GPC) through the US Department of the Treasury’s marketplace.

Today, Paperless Innovations, Inc. announced it is the first small business authorized to provide compliant financial management SaaS solutions for government purchase cards (GPC) through the marketplace run by the US Department of the Treasury. The marketplace has been designated as a centralized broker of commercial and federal shared service solutions across government agencies for financial management services and solutions. The Treasury marketplace is formally known as the Financial Management Quality Service Management Office (FM QSMO).

“We are proud to help clients across the federal government benefit from our configurable Actus SaaS solution for managing government purchase card spending with the same risk management controls as required for any other Treasury action. Our system of internal controls, records management, and automated workflows guarantees effortless compliance to such regulations as OMB A-123 for risk management and DATA Act transparency,” said Heidi Egusquiza, Director of Public Sector Programs for Paperless Innovations. “We are excited to be a part of this marketplace providing compliant financial shared services for an efficient and effective government.”

The FM QSMO functions as a one-stop shop for agencies seeking to establish connections with three federal shared service providers – the Administrative Resource Center of Treasury, the Interior Business Center, and the Enterprise Service Center of the Transportation Department. It also acts as a central location for agencies looking for financial services provided by private companies.

“The FM QSMO marketplace is an excellent resource for federal agencies seeking financial management technology and services,” said Mike Tocci, President of Paperless Innovations. “We are honored to collaborate with the government to establish efficient, compliant processes that will allow agencies to continue to be excellent custodians of essential public resources. Our Actus solution elevates the management of Government Purchase Cards to unlock acquisition capabilities, data, and flexibilities through its inherent financial and workflow controls.”

The inclusion of Actus in the FM QSMO Marketplace enables direct award of the solution under GSA MAS Contract #47QTCA24D002X, SIN 518210FM Financial Management and SIN 54151ECOM Ecommerce. Paperless Innovations’ Actus solution is also available through Carahsoft’s SEWP V contracts NNG15SC03B and NNG15SC27B, ITES-SW2 Contract W52P1J-20-D-0042, NCPA Contract NCPA01-86 and OMNIA Partners Contract #R191902. Carahsoft manages Actus’ AWS Marketplace distribution, providing customers with AWS Marketplace conveniences such as ease of access, flexible pricing terms, simplified billing, quick deployment, and license management.

For more information, contact the Paperless Innovations team at Carahsoft at (703) 871-8505 or paperless@carahsoft.com.

For additional information on the Actus solution, please visit act.us.

About Paperless Innovations

Our objective is to promote the universal adoption of secure and scalable technologies—developed to increase accountability, compliance, and transparency in acquisition. Solving big problems requires an advocate for integrity, empathy, and intellect with a strong desire to create positive change for all stakeholders.