Payment Management System
Program Support Center
End of Fiscal Year 2022 Payment Processing - Funds issued out of FY 2017 fixed appropriation funds, will need to be requested no later than the following... Read More
CANCELLATION: 2017 Fixed Year Funds Will Cancel on September 30, 2022... Read More

What is Payment Management Services

The Payment Management Services (PMS) is a shared service provider and a leader in processing grant payments for the federal government. PMS offers awarding agency and grant recipients with cash management services, centralized payment services, personal grant accounting support, and Financial Reporting Support. PMS promotes financial integrity and operational efficiencies within the federal government through exceptional accounting practices.




Grant Award and Payment Cycle

infographic of PMS' grant award and payment cycle


Program Features

  • Agencies overview of approval and/or rejection of submitted payments
  • Customizable Configurable System
  • Effective Financial Internal Controls
  • FISMA High Secure Payment System
  • Central Accounting Reporting System (CARS) reporting system to record government financial data
  • Interagency Governmental Payment and Collection transfer services (IPAC) transfers to federal agencies with descriptive data
  • Validates against DO NOT PAY listing to prevent and detect improper payments
  • Single Point of Entry for Federal Financial Reports
  • Online Reporting

Benefits

  • Quick and easy user Set-up
  • Access to account information and reporting
  • Efficient and Accurate Payment System
  • Secured Funding Request transfers
  • Automated submission of Federal Financial Reports
  • Variety of Payment Options (ACH, Fedwire, Warehouse)
  • Eliminates duplicate entries across various grant Financial Systems by sharing reconciled data
  • Live Customer Support