Automation Is Helping Government Cut Costs
FedTech Magazine
JANUARY 10, 2024
The key here is value-based budgeting,” says James Watczak, a finance and technology business consultant with CDW. Transparency involving costs, business impacts and…
This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
FedTech Magazine
JANUARY 10, 2024
The key here is value-based budgeting,” says James Watczak, a finance and technology business consultant with CDW. Transparency involving costs, business impacts and…
FedScoop
JUNE 18, 2024
Updating federal campaign finance reporting software, modernizing tribal communities’ school websites and streamlining human resources information systems are among the new investments announced Tuesday from the Technology Modernization Fund. The announcement of the $31.66
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Inter-American Development Bank
OCTOBER 31, 2024
Holistic Integration of Procurement and Public Finance Management Goals To effectively address both active and passive waste, it is crucial for LAC countries to shift towards smarter spending practices.
Whistleblower Network News
AUGUST 23, 2024
In his speech, Grassley highlighted different examples of how whistleblowers have provided his office with information to help increase transparency and accountability within the federal government. Wyden went on to speak about how whistleblowers have been critical to the oversight efforts of the Senate Finance Committee.
Open Contracting Partnership
MARCH 28, 2024
More often than not, public procurement of technology is viewed as non-transparent, uncompetitive, poorly planned, inefficient, costly, and having high failure rates. Governments can also explore innovative financing models, such as public-private partnerships, to share the financial burden of large-scale projects.
Open Contracting Partnership
DECEMBER 19, 2023
At 2 am on Saturday morning, the day after the 10th Conference of the States Parties to the UN Convention against Corruption (UNCAC) was meant to end in Atlanta, exhausted negotiators finally adopted a resolution on “ Promoting transparency and integrity in public procurement in support of the 2030 Agenda for Sustainable Development ”.
Bonfire
NOVEMBER 22, 2022
This is a topic municipal finance expert and former mayor of Kansas City, Mark Funkhouser, recently sat down to chat about with seasoned finance and water utility leaders. Here are 4 a-ha moments from their conversation that should be on the mind of every finance professional. We need to have transparency.
Whistleblower Network News
JANUARY 18, 2024
Nature crime and corruption are not crimes of passion; they are crimes of profit, and this is exactly why combatting illicit finance that fuels forest loss is so crucial,” said Erica Hanichak, Director of Government Affairs at the FACT Coalition. It requires proper governance frameworks and guardrails, which don’t sufficiently exist yet.”
Curbing Corruption in Government Contracting
NOVEMBER 5, 2019
For years, the benefits of transparency as a policy tool to increase accountability and counter corruption have been lauded. In public procurement, this has given rise to a global movement promoting procurement data transparency, a.k.a. open contracting. But what do these commitments look like in reality?
American City & Country
AUGUST 28, 2024
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. Promote transparency and accountability: Enhance transparency in budgetary processes and expenditures to increase trust with constituents.
FedScoop
JANUARY 25, 2024
Young, who has previously prodded the IRS on privacy and transparency issues from his time on the Senate Finance and Banking Committee, said in a statement that the bill will go a long way toward reducing the time it takes for the tax agency to process individual returns.
American City & Country
SEPTEMBER 18, 2024
Transparency and accountability are crucial to maintaining public trust and require clear policies on surveillance use and data access.” The firm offers solutions for cities , other governments and corrections.
Curbing Corruption in Government Contracting
MARCH 6, 2020
Improving transparency in public procurement, that is publishing more and better-quality data, supports accountability by enabling greater scrutiny over processes and outcomes as well as helping to achieve greater competition and better value for money. GTI-R/2020:1, Budapest: Government Transparency Institute. Full text PDF Adam, I.,
Government Contracts & Global Trade
AUGUST 7, 2024
Stephanie Olivo has joined the firm after 10 years at ELEC, the state’s election transparency watchdog, according to a Tuesday announcement from the firm. “I’d love to get involved in the political process, the civic process, including campaign financing and certain political activities,” Olivo said.
Open Contracting Partnership
NOVEMBER 20, 2024
A crucial question is how to translate that finance into more effective projects and investments on the ground and prevent leakages against governance risks. They must be powered by open, transparent, comprehensive real-time data on public contracts – from the spending all the way to the implementation. Now, an estimated 6.5
FedScoop
FEBRUARY 1, 2024
With little transparency surrounding unexplainable rental price increases, Rice, whose trade group represents more than 170 fair housing organizations throughout the country and its territories, said that increased regulations are needed.
ivalua
JUNE 29, 2021
Enabling rapid, cost-effective and transparent supplier payments anywhere in the world. Today’s supplier payments remain complex and crucially lack transparency and efficiency that strain supplier relationships, increase transactional costs and cause frustration for all those involved.
Open Contracting Partnership
JUNE 3, 2024
It’s an appropriate workplace for the woman spearheading efforts to increase transparency and oversight of public spending in Rwanda, by digitalizing the platform running the country’s public procurement and professionalizing its workforce and processes.
Scottish Government Procurement
MAY 7, 2024
The Handbook should be read in conjunction with Scottish Procurement Policy Notes , legislation, guidance and other supporting documents, such as the Scottish Public Finance Manual (SPFM).
ivalua
MAY 19, 2022
As part of Ivalua’s journey to bridge the gap between Finance and Procurement, Ivalua has partnered with TransferMate to reduce the financial friction within cross-border trade. This allows for part-payments, quality or milestone-based contract terms, even payment on receipt to be visible to the supplier, finance, treasury, and the buyers.
ivalua
OCTOBER 24, 2021
The partnership with TransferMate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world. Ivalua Payments enables much needed collaboration, automation, transparency, and speed to an often inefficient and costly process. About Ivalua.
Open Contracting Partnership
NOVEMBER 7, 2023
These included ongoing issues such as poor institutional coordination, lack of transparency, high levels of corruption, and murky lines of accountability. And despite the reforms aimed at improving accountability, perceptions of corruption in public procurement remained high.
ivalua
JUNE 26, 2023
Consumers are demanding more transparency and accountability from businesses when it comes to environmental, social, and governance (ESG) issues. Eloise graduated from Providence College with a dual degree in Finance and Political Science.
American City & Country
SEPTEMBER 5, 2024
As six out of 10 government finance teams still rely on manual reconciliation , the survey findings echo this, in which 46.1% Modernizing payment systems is a crucial step toward building more efficient, responsive and transparent government institutions. depend on these payments for less than 25% of their revenue.
Curbing Corruption in Government Contracting
APRIL 15, 2020
In India, according to the Ministry of Finance General Financial Rules (2017), all procuring authorities are responsible and accountable for ensuring transparency, fairness, equality, competition, and appeal rights in contracting.
AWS Public Sector
FEBRUARY 2, 2024
Transparency is critical because the solution you choose will serve as the single source of truth for dozens of other agencies. Increase transparency – Modernizing will illuminate government operations and expenses by providing a single source of truth for citizens and government leaders.
GovLoop
JANUARY 24, 2023
“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. Rules-based software avoids these problems. “By
Inter-American Development Bank
MARCH 7, 2023
This objective implies two major challenges for finance ministries. Spending, taxation, public investment, debt management and financing policies can contribute to transform the behavior of different economic actors. C as possible.
Whistleblower Network News
JUNE 5, 2024
Mr. Anwar hopes that the NACS and whistleblower awards will aid the country in its goal of ranking within the top 25 of Transparency International’s Corruption Perception Index (CPI) by 2034.
Whistleblower Network News
NOVEMBER 15, 2023
They must be pressured and compelled by regulators and policymakers to be transparent about these harms and how they are addressing them. In 2018, an anonymous whistleblower came forward that that Facebook is facilitating and profiting from illegal wildlife trafficking on its social media platform.
ivalua
JUNE 3, 2020
3rd June, London, UK – Ivalua, a leading provider of global spend management cloud solutions, has announced the findings of a worldwide study of supply chain, procurement, sales and finance business leaders on the current state of collaboration in procurement. Digitisation is essential to enabling payment efficiency, transparency and control.
ivalua
JUNE 3, 2020
3rd June, London, UK – Ivalua, a leading provider of global spend management cloud solutions, has announced the findings of a worldwide study of supply chain, procurement, sales and finance business leaders on the current state of collaboration in procurement. Digitisation is essential to enabling payment efficiency, transparency and control.
AWS Public Sector
MARCH 26, 2024
Introduction Government authorities such as tax, unemployment insurance, and other finance agencies across the US and globally are seeking ways to innovate. In this blog post, we will cover why a modern data strategy is important, the key components of a modern data strategy, and practical next steps.
Inter-American Development Bank
JULY 7, 2023
One of the reasons for this is the “multiple principals problem,” where no one does the full job of monitoring because they assume others will do it or that the ministry of finance is actually doing the job. Secondly, the GDPE must have qualified and sufficient personnel to monitor existing public enterprises.
ivalua
OCTOBER 24, 2021
The partnership with Transfermate removes this friction, creating a transparent, rapid and low-cost solution to paying suppliers anywhere in the world. Ivalua Payments enables much needed collaboration, automation, transparency, and speed to an often inefficient and costly process. About Ivalua.
FedInsider
OCTOBER 16, 2024
While much attention is being paid to ways to harness the power of AI, equally important are questions of safety and transparency, and the balance of collaboration between government and industry to advance strategic leadership in the global AI race.
FedInsider
OCTOBER 15, 2024
While much attention is being paid to ways to harness the power of AI, equally important are questions of safety and transparency, and the balance of collaboration between government and industry to advance strategic leadership in the global AI race.
Tracker Intelligence
FEBRUARY 16, 2025
Key Differences Between Public and Private Sector Procurement There are a few key differences between public and private sector procurement, including their objectives, the tendering process, supplier selection, regulations and frameworks, transparency in awarding contracts, and even the payment process.
BLP
SEPTEMBER 22, 2023
Throughout his years of experience, he has led the legal advice to different government institutions in administrative contracting processes and state procurement, transparency and accountability, administrative sanctioning procedure; as well as judicial processes in different matters such as Civil, Contentious Administrative, Labor and Criminal.
ivalua
JUNE 2, 2016
Is that information provided to Supply Chain, Finance, Quality, and Marketing—giving them the ability to see the same data in the way they need to see it so everyone has proper visibility to make good decisions? Most companies we see today have their finance departments bogged down with spreadsheets. Today this rarely exists.
Federal News Network
NOVEMBER 20, 2024
While public-facing customer experience applications like artificial intelligence-driven chatbots get a lot of attention, the real gains agencies are seeing from emerging technologies come from automating business processes within human resources, finance and procurement. “At At the end of the day, what should the government be good at?
Open Contracting Partnership
MARCH 5, 2024
We set up Open Contracting Partnership to be bold: we aren’t after just a bit more transparency of public contracts, we want to transform procurement to meet the urgent needs of our time. This is all the more urgent when we consider the huge scale up that we need in green financing to achieve our net zero goals.
Inter-American Development Bank
MAY 8, 2024
AI can introduce data-driven insights for more evidence-based and transparent budgeting. AI-driven procurement processes can also improve fair competition, transparency, and cost-effectiveness for government acquisition programs.
ivalua
NOVEMBER 29, 2022
Achieving these goals requires maintaining complete visibility across your suppliers (into tier 2 and 3), and setting up processes for effective and efficient collaboration and transparency across the supply chain. Tracking the Metrics that Matter. Inflation Metrics. The decrease in savings is a clear indication of the impact of inflation.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content