Part three of a five blog series on financial management.
GovSense is a true-cloud financial management software solution focused exclusively on the needs of local government jurisdictions. By creating seamless interdepartmental collaboration, GovSense paves the way for greater transparency, fluid communication and in the end, happier citizens because processes are quick and painless.
GovSense Financial Management Features that Help Jurisdictions Build Smart Communities
Fund Management — Because of their sources of revenue, such as taxes, grants, appropriations, SPLOSTS, etc., local jurisdictions use fund accounting principles to track how various funds are used in accordance with restrictions placed on the fund allocations. Your constituents require the transparency you can provide by using GovSense to accurately measure and report on the funds’ expenses, confirming that these dollars are being spent as originally earmarked. GovSense fund accounting functionality enables you to:
Asset Management — GovSense helps you precisely manage the wide variety of assets your jurisdiction uses to deliver quality services to your constituents. The software makes it easy for you to meet the strict requirements of your asset management policy, developed to ensure tax dollars spent on assets are fully utilized, maintained and safeguarded. GovSense lets you systematically and consistently account for and inventory all assets by:
Want to learn more about GovSense for local government? Contact us at firstname.lastname@example.org.