GFOA

Euna Solutions Introduces Strategic Budgeting, an Industry First to Connect Strategic Plans with Full Cycle Budgeting

Retrieved on: 
Thursday, March 28, 2024

Euna Solutions® , a leading provider of purpose-built, cloud-based solutions for the public sector, today announced the launch of Euna Budget: Strategic Budgeting , a first-of-its-kind offering that enables city leaders to connect their strategic plans with annual budgets.

Key Points: 
  • Euna Solutions® , a leading provider of purpose-built, cloud-based solutions for the public sector, today announced the launch of Euna Budget: Strategic Budgeting , a first-of-its-kind offering that enables city leaders to connect their strategic plans with annual budgets.
  • Euna Budget: Strategic Budgeting was designed to address that disconnect, especially for city and financial leaders, charged with budgeting against the community’s strategic plan.
  • Euna Budget: Strategic Budgeting integrates with Euna’s existing transparency solution to create and publish the critical public-facing strategic plan.
  • In addition to strategic budgeting, Euna Budget offers management solutions for the operating, personnel, and capital budgets.

Collier County, Florida, Selects Priority Based Budgeting Solution from Tyler Technologies

Retrieved on: 
Tuesday, March 12, 2024

Tyler Technologies, Inc. (NYSE: TYL) announced today it has signed an agreement with Collier County, Florida, for Tyler’s Priority Based Budgeting solution, which will help improve the performance and efficiency of the county’s budget by removing the common limitations of line-item budgeting.

Key Points: 
  • Tyler Technologies, Inc. (NYSE: TYL) announced today it has signed an agreement with Collier County, Florida, for Tyler’s Priority Based Budgeting solution, which will help improve the performance and efficiency of the county’s budget by removing the common limitations of line-item budgeting.
  • “We are very excited to work with Tyler to transform our current budget process with Priority Based Budgeting,” said Collier County Commissioner Chris Hall.
  • Following Tyler’s acquisition of ResourceX in October 2023, Tyler added Priority Based Budgeting to its ERP portfolio, elevating Tyler’s offerings in the public sector budgeting space.
  • “We’re pleased to bring Tyler’s Priority Based Budgeting solution and methodology to Collier County,” said Chris Webster, president of Tyler’s ERP & Civic Division.

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

Retrieved on: 
Tuesday, March 19, 2024

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

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

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.

Tyler Technologies Acquires ResourceX

Retrieved on: 
Tuesday, October 31, 2023

Tyler Technologies, Inc. (NYSE: TYL) announced today it has acquired ResourceX, a leader in providing priority-based budgeting software to the public sector to address key challenges faced in traditional budgeting processes, such as lack of funding and transparency.

Key Points: 
  • Tyler Technologies, Inc. (NYSE: TYL) announced today it has acquired ResourceX, a leader in providing priority-based budgeting software to the public sector to address key challenges faced in traditional budgeting processes, such as lack of funding and transparency.
  • Through this acquisition, Tyler adds ResourceX’s priority-based budgeting solutions to its portfolio, elevating Tyler’s offerings in the public sector budgeting space and providing a unique enterprise resource planning (ERP) offering.
  • “Priority-based budgeting is an up-and-coming pillar in public sector budgeting solutions,” said Chris Webster, president of Tyler’s ERP & Civic Division.
  • “We are excited to not only bring this comprehensive offering to our clients but also to integrate the ResourceX team into Tyler.

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

Retrieved on: 
Thursday, September 28, 2023

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

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.

Envisio Names Stefan Baerg as Chief Revenue Officer

Retrieved on: 
Wednesday, August 16, 2023

VANCOUVER, BC, Aug. 16, 2023 /PRNewswire/ -- Envisio, a strategic planning and performance management software company, today announced it has named Stefan Baerg as Chief Revenue Officer (CRO). An experienced leader in government technology (GovTech) and public sector sales, Baerg will head alignment and integration of all revenue-related functions for the business. He joins Envisio following record-breaking growth in 2022 and will steer revenue activities at a pivotal time when more local governments are seeking solutions to increase trust and transparency through effective planning, budgeting, and performance management processes.

Key Points: 
  • VANCOUVER, BC, Aug. 16, 2023 /PRNewswire/ -- Envisio , a strategic planning and performance management software company, today announced it has named Stefan Baerg as Chief Revenue Officer (CRO).
  • Stefan Baerg joins Envisio, a strategic planning and performance management software company, as Chief Revenue Officer.
  • "We are thrilled to add Stefan's deep public sector expertise to our team," said Mike Bell, CEO and Founder of Envisio.
  • "Envisio is setting a high bar when it comes to technology tools that build trust and transparency in the public sector," said Baerg.

LeaseCrunch Experts to Speak at Upcoming Accounting Industry Events

Retrieved on: 
Monday, May 22, 2023

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.