As recovery funds funnel down from a national level through states and provinces to counties and cities, local governments need to track spending and report progress to higher levels of government and the public. IBM Cognos performance management software provides comprehensive access to integrated financial and performance data to help local governments meet these needs.
Smarter Spending: Tracking Recovery Funds and Reporting Outcomes
White Paper
See how integrated reports, scorecards and plans help federal agencies:
- Track allocations, progress against goals and program outcomes together in one place to analyze trends or delve into details.
- Link spending to outcomes and goals to owners.
- Ensure transparency with spending and contract management through web-based reporting.
Through our customized solutions pre-built with recovery funding reports and content, IBM Cognos software can help states rapidly implement a performance management system to follow fund disbursement now and report results in the long term. Watch the IBM Cognos demo for state agencies (20 minutes) to see how performance management lets state and provincial governments:
- Analyze factors contributing to statewide economic development.
- Combine this insight with what-if scenarios to choose the best projects to fund.
- Tie projects to a recovery category and forecast jobs created.
- Track completion or jobs created for projects at the state, county or city level, and compare to national benchmarks.
- Drill into scorecards for family services, education and other state departments.
Because IBM Cognos software integrates reporting, analysis and scorecards with finance-led budgeting, plans, forecasts and financial reporting, state governments can manage recovery funds transparently and deliver effective services to spur economic growth. At the end of the day, it’s just good government.
