The purpose of a financial forecast is to evaluate the present and future state of an entity’s finances. These forecasts, however, have evolved, making the requirements for success higher than ever before. In order for financial forecasting and budgeting to be successful in local government, it is essential to have easy, powerful and fast tools.
Our easy-to-use software allows us to provide budgeting and forecasting tools that meet this criteria and exceed jurisdiction’s expectations. Thanks to a fast implementation process and platforms that allow for increased collaboration, it takes jurisdictions days, not years to see positive results after their budgeting and forecasting processes.
As much as government employees want to try to come up with accurate budgets at the beginning of every year, it’s essential to remember that budgets tend to be as dynamic as the finances of any other institution.
Through GovSense, jurisdictions have found easy tools that:
When local government takes advantage of tools with powerful features and functions that offer excellent value, the results of their budgeting and forecasting processes are not only much faster and efficient, but they also provide increased accuracy.
Through our partnership with Adaptive Insights, we provide the ability to accurately view revenue sources and forecast accordingly.
Government employees often find themselves drowning in paperwork and pressured by deadlines that insist they work harder instead of smarter. The solution? Tools that help them come up with budgets in a fast, yet accurate manner.
Jurisdictions that have adopted the right tools to speed-up their budgeting process also have:
When you think about the last time you came up with your annual budget, ask yourself:
To learn more about GovSense and how our tools can help jurisdictions understand their financial status and make better decisions through forecasting with easy, fast and powerful tools, contact us at firstname.lastname@example.org.