Accura FMS

What Accura FMS does

Accura FMS is a privately held Financial Management Services (FMS) provider that serves participants in California's Self-Determination Program (SDP), a Medicaid-funded initiative that allows individuals with developmental disabilities to self-direct state-provided budgets for disability services. The company delivers vendor invoice processing, employee payroll, and real-time budget tracking through two models: a co-employer model carrying a 22.5% employer burden rate (covering employer taxes, workers' comp, sick leave, and a 401(k) benefit) and a bill-payer model with no employer burden; the current per-participant budget cap is $150,000, with exceptions considered case by case. Accura FMS is vendored with all 21 California Regional Centers and supports English, Spanish, Hindi, and Tamil.

The company's technology stack is built on an AWS-hosted proprietary platform with a web-based client portal, a mobile app with clock-in/out timesheet functionality, virtual card payments, real-time budget dashboards by service code, and a digital onboarding process that completes in under 10 minutes. Security and compliance posture includes SOC 2 Type II, ISO/IEC 27001, and CSA CAIQ (CSA Star Level 2) certifications, with TLS in transit and AES-256 at rest. AI-powered analytics and adaptive fraud detection are positioned as differentiating feature layers. The company self-reports the #1 FMS ranking in California for technology, customer support, and ease of use, achieved with a 1-10 person team led by Founder & CEO Subash Rajavel.

Accura FMS operates a direct-to-consumer go-to-market through its website, free consultation calls, email intake, and word-of-mouth referrals within the SDP parent community; the company does not publicly disclose pricing beyond the 22.5% employer burden rate, and accepts inbound transfers from competing FMS providers. The business model is a managed-services fee structure funded indirectly by California Department of Developmental Services payments routed through Regional Centers, with founders having bootstrapped the company without disclosed external capital.

Name

Accura FMS

Legal name

Accura FMS Inc.

Website

https://accurafms.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

11–50 employees

Short description

Accura FMS is a California-based Financial Management Services provider for participants in the state's Self-Determination Program, offering digital vendor payments, payroll, and real-time budget tracking through a platform vendored with all 21 California Regional Centers.

Ownership category

akta.pro rank

Product category

Disability Services Financial Management

NAICS

Accounting, Tax Preparation, Bookkeeping, and Payroll Services (54121), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821)

SIC

Services-Computer Processing & Data Preparation (7374), Services-Computer Programming, Data Processing, Etc. (7370)

akta.pro primary industry

Accounts Payable (Invoice Processing, 2/3-Way Match, Vendor Payments) (BPAAAGAA)

akta.pro secondary industry

Billing, Payments & Account Administration Centers (BPAAAAAF)

Keywords

• Financial management services
• Self-determination program
• Vendor payment processing
• Payroll management services
• Budget tracking software

Headquarters

HQ city

Los Angeles

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

1. Financial Management Services (FMS) Fees: Accura FMS generates revenue by providing Financial Management Services to California Self-Determination Program participants. The company charges an employer burden rate of 22.5% for the co-employer FMS model, which includes all employer taxes, workers' compensation insurance, and benefits such as sick leave and 401(k) retirement plan for employees. The Bill Payer model has no employer burden.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Accura FMS provides Financial Management Services (FMS) to California Self-Determination Program (SDP) families, processing vendor invoices, managing employee payroll, paying purchase requests, and tracking spending-plan budgets in real time. Services are delivered through a proprietary cloud-based digital platform with a client web portal and mobile app, supporting Bill Payer and Co-Employer FMS models. The company is vendored with all 21 California Regional Centers to serve participants across the state.

Product overview

Accura FMS offers a unified digital Financial Management Services platform for California's Self-Determination Program (SDP), combining a core FMS platform with client web portal, mobile application, real-time budget dashboards, digital onboarding, and virtual card payment capabilities. The platform serves as the mandatory financial engine for SDP participants, enabling vendor invoice processing, employee payroll management, and spending plan tracking through a technology-first approach that replaces paper-based workflows with real-time digital tools.

Differentiator

Problem solved

Functional benefit

Products and services

• Accura FMS Platform A technology-driven Financial Management Services platform for California's Self-Determination Program (SDP) that handles vendor payments, employee payroll, budget tracking, and spending-plan management through a digital portal with real-time dashboards; for SDP families and participants.
• Co-Employer FMS Model Full-service FMS offering in which Accura handles vendor and caregiver onboarding, salary payments, employer taxes, workers' compensation insurance, sick leave, and a 401(k) retirement plan for employees; charged at a 22.5% employer burden rate and billed monthly; intended for California SDP families, particularly those new to SDP or with budgets under $150,000.
• Bill Payer FMS Model Vendor-only FMS offering in which Accura onboards the participant's list of vendors, processes their invoices, and issues payments; does not support hiring employees and carries no employer burden; intended for California SDP families whose plans do not include direct-hire caregivers.

Quantifiable outcome

• Vendor invoices processed in days (not weeks)
• +5 more outcomes

Named customers5 records

Segments1 record

Ideal customer profiles1 record

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature6 records

Partnerships

22 partnerships are on record, tiered core.

• Alta Regional CentercoreOthersAccura FMS is vendored with Alta Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• Central Valley Regional CentercoreOthersAccura FMS is vendored with Central Valley Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• Eastern Los Angeles Regional CentercoreOthersAccura FMS is vendored with Eastern Los Angeles Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• Far Northern Regional CentercoreOthersAccura FMS is vendored with Far Northern Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• Frank D. Lanterman Regional CentercoreOthersAccura FMS is vendored with Frank D. Lanterman Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• Golden Gate Regional CentercoreOthersAccura FMS is vendored with Golden Gate Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• Harbor Regional CentercoreOthersAccura FMS is vendored with Harbor Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• Inland Regional CentercoreOthersAccura FMS is vendored with Inland Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• Kern Regional CentercoreOthersAccura FMS is vendored with Kern Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• North Bay Regional CentercoreOthersAccura FMS is vendored with North Bay Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• North Los Angeles County Regional CentercoreOthersAccura FMS is vendored with North Los Angeles County Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• Redwood Coast Regional CentercoreOthersAccura FMS is vendored with Redwood Coast Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• Regional Center of East BaycoreOthersAccura FMS is vendored with Regional Center of East Bay, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• Regional Center of Orange CountycoreOthersAccura FMS is vendored with Regional Center of Orange County, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• San Andreas Regional CentercoreOthersAccura FMS is vendored with San Andreas Regional Center, serving Santa Clara and San Mateo Counties in the Bay Area South Bay region.
• San Diego Regional CentercoreOthersAccura FMS is vendored with San Diego Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• San Gabriel/Pomona Regional CentercoreOthersAccura FMS is vendored with San Gabriel/Pomona Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• South Central Los Angeles Regional CentercoreOthersAccura FMS is vendored with South Central Los Angeles Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• Tri-Counties Regional CentercoreOthersAccura FMS is vendored with Tri-Counties Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• Valley Mountain Regional CentercoreOthersAccura FMS is vendored with Valley Mountain Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• Westside Regional CentercoreOthersAccura FMS is vendored with Westside Regional Center, one of California's 21 Regional Centers serving individuals with developmental disabilities in the SDP.
• Amazon Web Services (AWS)coreTechnology or IntegrationAccura FMS platform is hosted on Amazon Web Services (AWS), certified for SOC 2 Type II, CSA CAIQ, and ISO/IEC 27001 compliance.

Scale indicators4 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• GT Independence: GT Independence is a well-established Financial Management Services provider that serves California Self-Determination Program participants and holds vendored status with multiple California Regional Centers. It is the closest head-to-head competitor to Accura FMS for co-employer and bill-payer FMS models.
• Consumer Direct Care Network (CDCN): Consumer Direct Care Network is a national Financial Management Services / Fiscal/Employer Agent provider that supports California's Self-Determination Program participants. It is comparable to Accura in serving SDP families, and has multi-state scale that Accura aspires to.
• Liberty Healthcare Group: Liberty Healthcare operates Financial Management Services and related supports for individuals with intellectual and developmental disabilities, with a presence in California's SDP. It overlaps with Accura on the FMS function and on the broader DD-services customer base.
• Public Partnerships LLC (PPL): Public Partnerships is one of the largest Financial Management Services providers in the U.S., serving California SDP participants alongside HCBS waiver programs in many other states. It competes directly with Accura on the co-employer FMS model and brings substantially greater scale and state-contract experience.
• Salida Group / Salida FMS: Salida Group provides Financial Management Services to California Self-Determination Program participants and similar populations. It is a directly comparable mid-sized California FMS provider competing for the same regional-center-vendored relationships and SDP family pipeline.

Broad incumbents

• BrightSpring Health Services: BrightSpring is a large diversified provider of home- and community-based health services, including supports for individuals with developmental disabilities, with pharmacy and provider-services offerings that intersect the same SDP population. It represents a potential acquirer or competitor with deeper capital backing.
• Sevita Health (formerly The MENTOR Network): Sevita Health is a national operator of home- and community-based services for individuals with intellectual and developmental disabilities. It overlaps with Accura's customer base and has the scale to potentially build or acquire an FMS capability competing with Accura in California.
• Aveanna Healthcare: Aveanna is a large diversified home-health and developmental-disability services provider that operates adjacent HCBS and fiscal-services offerings. It is comparable to Accura because it serves the same California developmental-disability population and operates FMS-adjacent capabilities, though it is not a pure-play SDP FMS competitor.
• Maximus: Maximus operates government-services programs including assessments, eligibility, and case-management work for Medicaid HCBS populations. Comparable to Accura because it works in the same state-administered DD/HCBS ecosystem and offers potential partnership or competition in FMS-adjacent workflows.

Emerging players

• Ventegra (FMS / Aggregator): Ventegra is a smaller, tech-forward healthcare-services aggregator with fiscal-services offerings touching the California HCBS/SDP ecosystem. It is relevant to Accura as a younger, technology-led challenger operating in overlapping state-administered DD/HCBS programs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/AccuraFMS
• YouTubeyoutube.com/@AccuraFMS
• Facebookfacebook.com/profile.php

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Accura FMS