GovSense for Fund Management Departments
Technology that provides transparency to constituents
for how funds are managed.
Easily manage all aspects of your fund accounting, eliminating manual and paper-based processes to ensure accountability and increase accuracy
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.
DATA SHEET:GovSense Financial Management
GovSense fund accounting functionality enables you to:
- Streamline period-end activities and resolve any problems with fund allocations before they occur or escalate.
- Ensure accountability by easily identifying the sources of your jurisdiction’s funds and demonstrating how efficiently the funds are being used according to their designated purposes.
- See consolidated results in real-time for any fund at a summary level, and all the way down to the underlying transactional details without relying on IT to produce custom reports.
- Alleviate your fund accounting challenges with configurable workflows that support the checks and balances you need to stay on track and accountable.