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News: Sarasota County Government Commercializes GovMax Government Budgeting Solution April 11, 2023 News Alert GovMax, an affordable cloud-based budgeting software designed for government agencies by government is commercially available to public agencies. SARASOTA, FL, USA, April 11, 2023 – GovMax, the government budgeting software developed by Sarasota County Government, announces commercial availability of its budgeting …

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How to Improve Budgeting Accuracy and Reduce Errors in Government Agencies March 22, 2023 Budgeting is a critical process for government agencies, and accuracy is of utmost importance. It ensures that the government’s finances are managed efficiently, and the allocated funds are being used appropriately. However, budgeting can be a challenging task, particularly for larger …

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Best Practices for Forecasting Revenue and Expenses in Government Budgeting April, 6, 2023 Forecasting revenue and expenses is an essential part of the budgeting process for government agencies. It provides valuable insights into expected revenue and expenditure trends, and this information can be used to inform budget decisions and allocate resources effectively. Forecasting helps government …

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A Comprehensive Guide to Choosing the Right Budgeting Solution for Your Government Agency April, 6, 2023 When it comes to managing finances for a government agency, budgeting is an essential component of the process. The right budgeting solution helps to ensure that financial resources are allocated and utilized effectively to meet the needs of the …

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Evaluating the Benefits of Cloud-Based Budgeting Software vs ERP for Government Agencies April, 6, 2023 For government agencies, effective budgeting and financial management are critical to their success. With limited resources and complex financial operations, it’s important for government agencies to have the right financial management tools to support their operations. Traditionally, government agencies have …

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A Guide to GFOA Compliance: What Government Budget Managers Need to Know April, 6, 2023 Government budget managers play a critical role in managing the financial resources of public entities, from small municipalities to large federal agencies. As stewards of taxpayer dollars, budget managers are responsible for ensuring that their organizations operate in a fiscally …

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ERPs for Government Budgeting: Is it Time for an Upgrade? April, 6, 2023 As the world rapidly changes and technology advances at a lightning-fast pace, government agencies are faced with the challenge of keeping up with modern demands while still relying on legacy systems. One area where this challenge is particularly acute is in government …

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End-of-the-Year Budgeting Missteps to Avoid Nov, 28, 2022 Budgeting season is overwhelming for your staff, especially if you are working with outdated bulky spreadsheets. Your staff can miss information, lose data, make mistakes in projections, and things can pretty much take a wrong turn with what may look like a simple error. Although every budgeting …

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End-of-the-Year Budgeting Missteps to Avoid Nov, 28, 2022 Each time a community is affected by a natural disaster, it’s a reminder to Budget Managers and their teams that you can never adequately prepare for the financial impact that natural disasters, public emergencies and crises will have on municipal budgets. Although large disasters often trigger Federal …

Budgeting for Emergencies: A guide on stress testing budget reserves Read More »

4 Features to Look For in a Government Budgeting Solution Nov, 28, 2022 There’s a number of options on the market to manage your government’s budget that selecting the best solution can get confusing. Spreadsheet budgeting, for example, is one approach that some agencies use although we don’t recommend it due to how limiting spreadsheets …

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