Bruno’s to Outsource Financial, Accounting Services

BIRMINGHAM, Ala. — Bruno’s Supermarkets here said Monday that it would outsource its financial and accounting operations to FMS, a third-party financial services firm serving independent grocers. The transition is expected to take place in the fourth quarter of this year and includes accounting, financial applications support, bank reconciliation and payroll. Bruno’s previously had those services performed by Bi-Lo LLC and its owner, Lone Star Funds, but Lone Star earlier this year split the Bruno’s division from Bi-Lo. Outsourcing financial services will allow Bruno’s to focus on operations at its 67 stores, the retailer said in a statement. FMS, based in Baltimore, serves about 1,800 independent stores.

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