financial Planning and Budgeting

Visibility and accountability are hot-button issues for many government agencies these days, with taxpayers demanding results for their tax dollars and increased visibility into all aspects of government operations, resulting in government executives requiring stricter outcome-based controls. These requirements are particularly taxing for finance and accounting departments, who are also wrestling with the daily challenges of continuous budget review and approval cycles and assessing the status of funds, obligations and payments against appropriations, budgets and funding.

Finance and accounting divisions, as well as entire agencies, can benefit from business intelligence tools through information sharing and consolidation of data from many sources into a single view. Challenging budgeting and planning processes that are reliant on spreadsheets rather than previously purchased planning tools are simplified through web-based collaboration tools. Agency performance against established budgets can be easily assessed by finance and accounting staff and these performance measures can also be shared and easily understood by users outside the finance department.

Data Management Group has helped several agencies gain access to meaningful financial data to promote the achievement of enterprise performance objectives. Client success stories include deployments for the Library of Congress and Prince William County Public Schools.

Library of Congress – Converted all existing financial reports and analytics to Crystal Reports, and then converted massive amounts of data into a usable format in a single repository before integrating Crystal Enterprise with their new financial system to provide robust web-based reporting capabilities.

Prince William County Public Schools - Integrated Crystal Enterprise and Crystal Reports with the organization's financial application to provide efficient and effective reporting on critical information as needed by PWCS staff to respond to internal and external requests for financial performance information.