Posts Tagged: finance

Technology Advances a Smart City

Cisco, Qualcomm, Intel, SAP, and IBM have “Smart City” programs that promise to solve urban problems, involve citizens, conserve energy, and launch cities into a new “digital” future. Their marketing and technology expertise would have us believe that no city could run faster, better, and cheaper without more technology. Cisco has committed to create aRead… Read more »

The Digital Transformation of Organizational Functions

No one would argue with the notion that social and digital technologies are having a significant – and sometimes dramatic – impact on societies and economies. And though most people may not yet refer to this as the Digital Age or Era, they would likely concede that we are indeed transitioning away from a worldRead… Read more »

A Place to Look for State Financial Transparency…For Now

As state governments move toward total financial transparency, there is at least one place to look for information on how the states are doing in providing constituents with data on where money is being spent and what results are being achieved with the investment. Earlier blog posts have elaborated on the current ‘shortcomings’ of stateRead… Read more »

Core Capabilities of Successful Budgeting, Forecasting and Performance Management Solutions

Budgeting, forecasting and performance management is a difficult process within and organization and reporting on results can be challenging, regardless of size or industry. Enterprise planning is a critical for managers that contribute to the overall success or failure of a program, project or product, especially in good and bad economic times. Despite the importanceRead… Read more »

9 Steps to Simplify & Streamline Your Software Selection Processes

Many state and local governments are nearing the end of the 7-10 year lifespan of the average budgeting and performance management software system, causing more and more key-decision makers to explore new budgeting and performance management technologies. In fact, according to the “2013 Gartner Financial Executives International (FEI) CFO Technology Study,” nearly 60% of CFOsRead… Read more »

DFAS: Troops to Receive Mid-Month Pay Despite Shutdown

The Defense Finance and Accounting Service says all military service members will receive their salaries and allowances for the current pay period by Oct. 15, Military Times reported Tuesday. Andrew Tilghman writes DFAS started processing the mid-month payroll as the Pentagon works to interpret a federal law that guarantees military pay during the shutdown. ARead… Read more »

The State of Local Government Procurement

This post was co-authored with Rebecca Williams of the Sunlight Foundation and Code for America’s policy intern Ryan Driscoll. This summer, Code for America, Omidyar Network, and the Sunlight Foundation joined forces to investigate municipal procurement trends, best practices, and potential areas of improvement across the country with the Local Government Procurement Survey. The surveyRead… Read more »

European Commission Backs Mandatory Invoice Management Automation

Discussions about invoice management and e-procurement system upgrades are circulating across-the-pond conference rooms this week as the European Commission closes out its consultation on e-invoicing in public procurement. With the European Parliament mandating e-invoicing by 2016 and the European Digital Agenda’s dictate that electronic and paper invoices will be treated equally as of January 2013,Read… Read more »

e-Procurement: Wal-Mart’s Domestic Procurement Plan Bodes Well for American Manufacturing

It’s impossible to find a bigger retail giant than Wal-Mart. Without question, the chain is a mainstay across the United States, with a supercenter on almost every street corner. Americans love a good deal and, more often than not, they turn to their local Wal-Mart store for just that – to the tune of $444Read… Read more »

Study: Procurement Non-compliance Continues to Lag

Noted business analyst Andrew Bartolini recently released his annual report on the effectiveness of procurement organizations. The results, as they have pretty much every year, showed continued cause for concern. They also offer another compelling case for automated e-procurement solutions. The bottom line: Bartolini’s survey of nearly 270 procurement leaders found just 62 percent ofRead… Read more »