Government Finance Officers Association

New AI-Powered Data Analyst from Polco Provides Instant, Actionable Insights for Governments

Retrieved on: 
Tuesday, March 19, 2024
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Personified as "Polly," Polco's conversational AI data analyst answers public sector leaders' most pressing questions with unparalleled, real-time performance management data, comparisons, and historical trends.

Key Points: 
  • Personified as "Polly," Polco's conversational AI data analyst answers public sector leaders' most pressing questions with unparalleled, real-time performance management data, comparisons, and historical trends.
  • Currently accessed in Polco's platform, Polly puts actionable community insights at the fingertips of users for strategic planning, budgeting, grant applications, performance management, and everyday reporting.
  • "Public officials earnestly want to make great decisions using data, but it's really difficult to use public sector data," said Polco CEO Nick Mastronardi.
  • "Public officials earnestly want to make great decisions using data, but it's really difficult to use public sector data," said Polco CEO Nick Mastronardi.

Western Alliance Bank Hires Paulina Woo as Senior Director, Treasury Management – Corporate Finance, Public and Nonprofit Finance

Retrieved on: 
Monday, February 12, 2024
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Western Alliance Bank today announced that Paulina Woo has joined the organization as a senior director, treasury management, in the bank’s Corporate Finance and Public and Nonprofit Finance groups.

Key Points: 
  • Western Alliance Bank today announced that Paulina Woo has joined the organization as a senior director, treasury management, in the bank’s Corporate Finance and Public and Nonprofit Finance groups.
  • View the full release here: https://www.businesswire.com/news/home/20240212001163/en/
    Woo brings more than 15 years of experience providing investment advisory and treasury management consulting services to institutional and government clients across the western U.S.
  • She also sits on the Executive Board for the Women in Public Finance Rocky Mountain Region and participates in Women in Public Finance, National Association of Hispanic County Officials and Asian Americans in Public Finance.
  • “Western Alliance Bank provides a distinctive set of products, services and solutions to clients in these essential sectors of our economy.

Less Than Half of Government Finance Professionals Believe Budget Process Effectively Builds Trust with Communities

Retrieved on: 
Tuesday, November 28, 2023
Polco, Senior, GFOA, Rethinking, Partnership, Software, Government Finance Officers Association, Trust, Management, Research

While most respondents gave excellent or good ratings to current budgeting practices, they gave lower ratings for building trust with stakeholders, incorporating resident priorities and involving residents in decision-making.

Key Points: 
  • While most respondents gave excellent or good ratings to current budgeting practices, they gave lower ratings for building trust with stakeholders, incorporating resident priorities and involving residents in decision-making.
  • The survey investigated how local government finance leaders feel about current budgeting practices.
  • A high proportion of respondents represented GFOA Distinguished Budget Award Winners, causing results to reflect more innovative practices.
  • "We are in a critical time with building trust and transparency," said Michelle Kobayashi, Principal Research Strategist, Polco.

Euna Solutions Launches Budget Book Studio Within its Budgeting Software, Euna Budget

Retrieved on: 
Thursday, September 28, 2023
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Euna Solutions™ , a leading provider of purpose-built, cloud-based solutions for the public sector, today announced Budget Book Studio, a new feature within Euna Budget, powered by Questica.

Key Points: 
  • Euna Solutions™ , a leading provider of purpose-built, cloud-based solutions for the public sector, today announced Budget Book Studio, a new feature within Euna Budget, powered by Questica.
  • Budget Book Studio enables public sector finance professionals to quickly and easily create a stunning online budget book to share with their community.
  • The cloud-based Budget Book Studio feature allows governments of all sizes to create and publish their annual budget book with a single, easy-to-use editor.
  • Budget Book Studio integrates directly with Euna Budget automating data entry and allowing for the published book to be updated if the budget changes at any point throughout the year.

Los Angeles County Employees Retirement Association (LACERA) Honored with Financial Reporting Award for 25th consecutive year

Retrieved on: 
Monday, August 28, 2023
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LOS ANGELES, Aug. 28, 2023 (GLOBE NEWSWIRE) -- The Los Angeles County Employees Retirement Association (LACERA) is thrilled to announce that it has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA).

Key Points: 
  • LOS ANGELES, Aug. 28, 2023 (GLOBE NEWSWIRE) -- The Los Angeles County Employees Retirement Association (LACERA) is thrilled to announce that it has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada (GFOA).
  • This is the 25th consecutive year this accolade has been bestowed upon LACERA in recognition of its exceptional annual comprehensive financial report for the fiscal year ending June 30, 2022.
  • “The Certificate of Achievement for Excellence in Financial Reporting is a testament to LACERA’s unwavering commitment to transparency, accountability, and outstanding financial stewardship.
  • This recognition serves as a testament to LACERA’s ongoing dedication to effectively managing and safeguarding the financial future of its stakeholders.

LeaseCrunch Experts to Speak at Upcoming Accounting Industry Events

Retrieved on: 
Monday, May 22, 2023
GASB, ASC, AICPA, Organization, Government Finance Officers Association, GFOA, Conference, CPAmerica International, CIMA, Software, Property management, Risk management

MILWAUKEE, May 22, 2023 (GLOBE NEWSWIRE) -- LeaseCrunch LLC , a leading lease accounting software company, is excited to announce its active participation in multiple accounting conferences in the upcoming weeks.

Key Points: 
  • MILWAUKEE, May 22, 2023 (GLOBE NEWSWIRE) -- LeaseCrunch LLC , a leading lease accounting software company, is excited to announce its active participation in multiple accounting conferences in the upcoming weeks.
  • As a sponsor, exhibitor and presenter, LeaseCrunch is dedicated to engaging with industry professionals and offering valuable insights on lease accounting standards.
  • Ane Ohm, co-founder and CEO of LeaseCrunch, will present the session "The Next Hurdle: Day 2 for Lease Accounting,” addressing the challenges faced by organizations in lease accounting compliance.
  • “LeaseCrunch recognizes the significance of these events in networking and knowledge sharing within the industry,” says Ohm.

NetSuite for Government Helps State and Local Agencies Move to the Cloud for Better Efficiency

Retrieved on: 
Monday, May 22, 2023
GASB, Governmental Accounting Standards Board, Governmental accounting, Human resource management, ERP, Oracle, Government, Organization, POS, Government Finance Officers Association, GFOA, Risk, HR, NetSuite, Conference, Automation, Management, Bookkeeping, Construction, Risk management

PORTLAND, Ore., May 22, 2023 /PRNewswire/ -- Government Finance Officers Association Annual Conference -- Oracle today announced Oracle NetSuite for Government, a new suite of cloud solutions specifically designed for the needs of small-to-midsize state and local government agencies. NetSuite for Government provides a single, integrated suite for streamlined accounting, grants management, payroll, planning and budgeting, human resource management, and more. This empowers agencies to increase automation, transparency, and operational efficiency, while getting the fast, accurate data needed to help make better decisions. With built-in industry-specific functionality, such as Governmental Accounting Standards Board (GASB) reporting, organizations can reduce manual work to refocus staff on higher value opportunities that better serve their communities.

Key Points: 
  • PORTLAND, Ore., May 22, 2023 /PRNewswire/ -- Government Finance Officers Association Annual Conference -- Oracle today announced Oracle NetSuite for Government , a new suite of cloud solutions specifically designed for the needs of small-to-midsize state and local government agencies.
  • This empowers agencies to increase automation, transparency, and operational efficiency, while getting the fast, accurate data needed to help make better decisions.
  • "No government agency is too small to benefit from the innovation, efficiency, and security that modern cloud infrastructure provides," said Steve Seoane, senior vice president and general manager, Oracle Local Government.
  • "NetSuite for Government provides a clear pathway to modernizing local government ERP and ultimately improving constituent experiences with more efficient, effective, and responsive government processes."

Lewis and Clark County, Montana Streamlines Finance Operations with Cloud-based CentralSquare Finance Enterprise

Retrieved on: 
Wednesday, May 17, 2023
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CentralSquare Technologies , an industry leader in public sector software, announced an expansion of CentralSquare’s Finance Enterprise™ solution to Lewis and Clark County, MT, to seamlessly manage their financial processes in one easy-to-use solution.

Key Points: 
  • CentralSquare Technologies , an industry leader in public sector software, announced an expansion of CentralSquare’s Finance Enterprise™ solution to Lewis and Clark County, MT, to seamlessly manage their financial processes in one easy-to-use solution.
  • Lewis and Clark County, a longstanding CentralSquare customer, will migrate to a newer, cloud-based version of Finance Enterprise to continue to serve their needs.
  • With the CentralSquare Finance Enterprise solution, Finance Directors can replace burdensome paperwork with fully configurable and automated workflows to help drive efficiency within their teams while benefiting from a faster, easier installation and broader accessibility in the cloud.
  • Lewis and Clark County chose to remain with CentralSquare in a competitive RFP process with multiple market leaders.

Three Technology Leaders Release Roadmap for Modern Government Budgeting

Retrieved on: 
Wednesday, May 3, 2023
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A Roadmap for Real Collaboration in Budgeting " proposes an integrated, iterative, and transparent government budgeting process that leverages technology tools to steer government in the wisest possible direction.

Key Points: 
  • A Roadmap for Real Collaboration in Budgeting " proposes an integrated, iterative, and transparent government budgeting process that leverages technology tools to steer government in the wisest possible direction.
  • New white paper by three govtech leaders provides modern budget process to align communities and their governments.
  • "As three government technology leaders, we are acting on a confluence of technological advances, stimulus funding for governments to revamp systems and processes, and rising public expectations for participation in government," said Chris Adams, President of Balancing Act by Polco , a provider of simulation-based public engagement tools.
  • It also revealed what is at stake when trust in government declines: productive relationships between elected officials, government staff, and residents, and a better quality of life for the community.

Post-Midterms A Study Shows an Online Learning Program Can Decrease Polarization in Local Governments

Retrieved on: 
Monday, November 14, 2022
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NEW YORK, Nov. 14, 2022 /PRNewswire-PRWeb/ -- The Constructive Dialogue Institute (CDI) and Government Finance Officers Association (GFOA) have released a joint research study, Bridging Political Divides in Local Government, recommending methods to enhance cooperation within local governments.

Key Points: 
  • A randomized controlled trial (RCT) with employees of local governments across the US shows that a short online learning program using concepts from moral psychology can help bridge ideological divides, allowing officials to better collaborate and solve problems.
  • NEW YORK, Nov. 14, 2022 /PRNewswire-PRWeb/ -- The Constructive Dialogue Institute (CDI) and Government Finance Officers Association (GFOA) have released a joint research study, Bridging Political Divides in Local Government , recommending methods to enhance cooperation within local governments.
  • Despite political polarity on the federal level trickling down locally, citizens still find their local officials trustworthy.
  • There's an opportunity for local officials to build on this trust and improve the health of our democracy by strengthening collaboration.