Remove Budget Remove Efficiency Remove Finance
article thumbnail

Automation Is Helping Government Cut Costs

FedTech Magazine

Agencies want to know they’re getting maximum returns on their digital initiatives because IT spending represents a major portion of their budgets. Technology helps agencies save money in addition to boosting efficiencies these days. Transparency involving costs, business impacts and…

article thumbnail

The case for public procurement as a development finance priority at UN’s 4th Financing for Development Conference

Open Contracting Partnership

A critical finding and recommendation of the World Bank report is to strengthen the transparency and efficiency of public spending and procurement, including through open data and digital procurement reforms.

Finance 57
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Smart public procurement refers to making optimal decisions to minimize waste and enhance the quality, efficiency and sustainability of public spending when purchasing and contracting goods, works and services. This reduction would not only lead to lower interest expenses but also stimulate GDP growth by fostering a more efficient economy.

article thumbnail

Budgeting Is a Collaborative Effort

GovLoop

“What people are expecting is personalized, online, digital services for those things that can be digitized,” said Charlie Francis, Senior Consultant at Questica, which provides multi-user budgeting, performance measures, transparency and data visualization software for governments.

Budget 52
article thumbnail

5 ways AWS empowers GovTech innovation in 2025

AWS Public Sector

Government technology ( GovTech ) companies play a critical role in modernizing public services, enhancing citizen experiences, and driving efficiency in the public sector. Cost-effective scalability for GovTech solutions One of the biggest challenges for GovTechs is balancing innovation with cost efficiency.

article thumbnail

How city governments can navigate the fiscal cliff

American City & Country

Louis struggle with resource constraints and grapple with the significant challenges cities face in balancing budgets, maintaining public services and managing infrastructure needs. It’s why all city leaders, not just those in finance, must be well-versed in the different types of budgetary concerns and how to navigate them.

article thumbnail

4 big insights for finance teams about the future of water management

Bonfire

There’s never been a better time to explore creative solutions for stretching budgets further and turning federal infrastructure funding into transformative investments in efficient and sustainable water management. Here are 4 a-ha moments from their conversation that should be on the mind of every finance professional.

Finance 59