Remove Data Remove Quality Remove Transparency
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The nexus between data management tools, transparency and procurement policy

Federal News Network

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. Coalition members generally support the use of these new data management technologies.

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The Nexus Between Data Management Tools, Transparency and Procurement Policy

The Coalition for Government Procurement

Data management tools, like pricing algorithms and artificial intelligence (AI), are playing an ever-larger role in Federal procurement as agencies look to streamline processes, increase efficiency, and improve contract outcomes. Coalition members generally support the use of these new data management technologies.

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Trust, Transparency, and Transformation

Extract Systems

In the ever-evolving landscape of government technology, the importance of data governance and the integration of artificial intelligence (AI) cannot be overstated. As government agencies increasingly turn to generative AI solutions, the implications of poor data quality become even more pronounced.

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CFTC wants to transform enforcement work through AI and data ‘marathon’

FedScoop

Few agency workers across the federal government are more closely and publicly associated with their area of expertise than Ted Kaouk is with data. So hopefully it gives a sense of the volume of data that we’re managing.” That data, Kaouk said, is what helps the CFTC oversee market participants. derivatives markets. “So

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Empowering auditors: Indonesia uses data-driven oversight to clean up its corruption-prone procurement sector

Open Contracting Partnership

Data-driven monitoring enables citizens to submit high-quality complaints to authorities. Formal guidelines have been introduced in several regions to ensure data-driven audits are conducted to a high standard. There was also a lack of data on the volume and outcome of audits.

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The Supply Chain Transparency Challenge: Report Highlights Gap between Procurement Organisations’ Transparency Ambitions and their Capabilities

ivalua

The majority of organizations consider supply chain transparency to be a top priority, however less than a third are satisfied with the level of visibility into their suppliers. Many organizations still rely on conventional data sources such as contracts, invoices, and audits to support their supply chain transparency initiatives.

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Balancing Transparency and Privacy

Extract Systems

Striking a balance between transparency and protecting sensitive information is a challenging task for government entities. The quality of Optical Character Recognition (OCR) output is crucial to the success of any redaction process. This ensures accurate and reliable redaction of all sensitive data types.

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