Creoal Consulting Awarded Contract for Financials O&M and DBA Support at Small Business Administration

​With the SBA modernized financial systems platforms in place, Creoal was recently awarded the multi-year prime contract in support of SBA to gain operational efficiencies, optimization and cost reductions by streamlining, consolidating and standardizing the financial management system support resources, processes and tools related to FMS, JAAMS and Funds Control. Creoal provides two layers of support across SBA’s financial management systems Production, Non-Production, and DR environments. First, Creoal provides functional and technical support for the two Oracle R12 application systems and business processes, which are mission critical for the Agency’s administrative accounting functions (JAAMS) and budgetary control and loan accounting over loan activity (Funds Control), as well as loan-related expenses and purchases. Secondly, Creoal provides database administration services for JAAMS and Funds Control, as well as SBA’s custom Financial Management System (FMS), which is based on Oracle database and technologies and is the agency’s consolidated accounting and reporting environment.