Matthew Wilson, Founder and Managing Principal
Today, the shift toward tech-driven financial management (FM) has driven the emergence of newer, more stringent data security and privacy laws to ensure enhanced security of sensitive information. In federal government departments like the Department of Defense (DoD), the compliance requirements are even more rigorous due to the criticality of the data and the dire consequences of losing it to malicious parties. Apart from the regulatory hindrances, the DoD FM space also finds consolidating information across siloed systems challenging each with their unique chain of command. As a result, DoD FM personnel struggle to perform efficient and accurate Planning, Programming, Budgeting, and Execution (PPBE) tasks. To mitigate this, the DoD outsources their FM to third-party vendors. However, as most existing solutions in the market cater only to one aspect of the overall PPBE within the federal government sector, the DoD is often faced with FM-related issues. Concurrently, as DoD FM personnel are tasked with managing highly confidential data, they cannot reveal specifics on the desired outcomes of a specific implementation. This hinders numerous inexperienced vendor teams from offering educated recommendations on how to mitigate their challenges.
Addressing FM challenges in the DoD space with its holistic approach toward PPBE and seasoned team of federal FM professionals is Washington DC-based MDUBB Financial. The company was founded by Matthew Wilson, who, as a federal employee, had firsthand experience of navigating the highly complex and red-taped federal FM processes. Subsequently, in 2018, at the end of a long journey in the federal FM arena—working in various roles such as federal employee, aerospace/defense FM, and as a defense contractor, and more—Wilson decided to start his own company, MDUBB Financial.
With his company, Wilson envisioned a significantly straightforward way to leverage his federal FM experience and offer consultation services that aid defense/aerospace solutions and technology vendors in simplifying their FM interactions with the DoD. To achieve this, Wilson assembled a team of federal FM veterans capable of approaching the DoD’s FM-related issues from a 360-degree perspective. “Our team of experts can break down PPBE silos, make well-informed recommendations on mitigating prevalent FM challenges, as well as aid clients in choosing the technology deployment best suited for their DoD endeavors,” says Matthew Wilson, founding and managing director at MDUBB Financial.
The company is known for offering the highest level of support to the DoD via responsible and effective use of financial resources and a deep commitment to maintaining fiscal responsibility. In light of this, MDUBB Financial has ignited several success stories with FM technology solutions vendors and services providers hoping to collaborate with the DoD. Recently, MDUBB Financial has been working with a customer to aid them in designing and implementing a new FM solution built to replace Excel spreadsheets within the DoD. And according to Wilson, this is just one type of the myriad of projects MDUBB Financial takes up for its clients. He elaborates, “No matter how a client interacts with the DoD, we have a unique ability to uncover opportunities that increase their effectiveness through intimate familiarity with the challenges they face and the best way to mitigate them.”
From a PPBE perspective, MDUBB Financial goes beyond simply enhancing the planning and execution of client processes and provides a strategic perspective on how to improve the DoD’s FM processes. The company’s PPBE managed service allows customers to gain a holistic and insightful view of their FM systems and deployments, as well as their impact on the overall efficiency of their PPBE processing. This allows MDUBB Financial’s clients to develop a strategic approach for their interactions with DoD FM personnel and ensure that the federal FM silos do not hinder them from achieving highly intuitive and secure FM processes. MDUBB Financial also educates its clients on the disparate data elements and how to efficiently consolidate and document them to ensure a smooth transition from legacy systems to digital user interfaces and minimize technology mismatches.
Currently, owing to its prowess in helping FM organizations engage and interact with the DoD, MDUBB Financial is a trusted partner in the space. And at the heart of this success is the cumulative experience of the company’s team, all the way from its management to newly-joined associates. Looking ahead, Wilson aims to continue building on MDUBB Financial’s reputation as a trusted and experienced partner in the DoD FM arena. To conclude, Wilson reiterates the ethos of his company, “We will continue to leverage our team expertise and industry know-how and facilitate our clients in effectively and efficiently implementing their solutions within the DoD.”