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Effectiveness and Efficiency in Public Procurement: Key Pillars for Optimal Resource Management

The Procurement ClassRoom

Introduction In public procurement , effectiveness and efficiency are crucial for achieving optimal results using public resources judiciously. This discussion delves into the importance of these principles, examining both the goals to be achieved (effectiveness) and the optimal use of resources (efficiency).

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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
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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…

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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 results from past budget deficits and requires ongoing management through interest and principal repayments.

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The major challenges in government payment processes: Survey reveals critical inefficiencies

American City & Country

of respondents characterized their payment collection systems as very efficient, with a concerning 51% describing their systems as either inefficient or “neutral.” Governments with outdated systems may find it challenging to implement such changes efficiently, exacerbating financial strains.

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10 success factors for implementing e-procurement system

Open Contracting Partnership

Public procurement needs to be more transparent, efficient, and accountable to tackle the major social and economic challenges faced by governments across the world. Transparency on legal and regulatory frameworks To make e-GP systems work effectively, it’s essential to have supportive legislative arrangements in place.

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Senator Grassley Calls for More Information on SEC Whistleblower Program

Whistleblower Network News

On April 4, Senator Charles Grassley (R-IA), Ranking Member of the Senate Committee on the Budget, wrote a letter to Gary Gensler , the Chair of the Securities and Exchange Commission (SEC), expressing concerns about delays and lack of transparency in the agency’s whistleblower compensation.