OpenGov - Budgeting and Forecasting Solutions/Service Company

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OpenGov: Integrated Platform for Smart Budgeting

CIO VendorZac Bookman, CEO & Co-founder
In Burnet, TX, Connie Maxwell—the city’s Budget Director—faced colossal technology barriers while trying to collaborate among the budgeting, forecasting, and management departments. These hurdles impacted the government’s ability to operate at its full potential. “I did not have a budgeting system and was forced to spend hours on reconciling numerous Excel spreadsheets, exchanging email-based proposals, and performing clerical tasks instead of evaluating proposals for effective budgeting,” Connie expressed. The city sought a long-term solution that would enable its staff to refocus on strategically shaping its budget, rather than the mechanics of creating it.

OpenGov, a software company based in Redwood City, CA, set a new standard for governments looking to streamline their budgeting. The company’s cutting edge, easy-to-use budgeting solution improves the entire budgeting process by bringing it online into the cloud and replacing complicated Excel spreadsheets. The result has been better budgeting, improved reporting, and operational excellence.

“We are committed to helping government organizations strengthen their approaches to smart budgeting with an end-to-end budgeting solution—the Smart Government Platform,” said Zac Bookman, OpenGov’s CEO and Co-founder. “Our platform integrates budgeting, management reporting, and open data so governments can plan, operate, and communicate with elected bodies and citizens more effectively and accurately.” The company’s Smart Government PlatformTM includes OpenGov Budget BuilderTM and the recently-announced OpenGov Budget BookTM powered by Wdesk.

With OpenGov Budget Builder, Connie streamlined Burnet’s budgeting process with real-time access to accurate financial data—significantly increasing transparency, enhancing data integrity, and encouraging cooperation while saving valuable time and resources. By moving budgeting into a collaborative cloud-based environment, OpenGov Budget Builder replaced Burnet’s traditional approach of scrutinizing numerous time-consuming spreadsheets and enduring lengthy proposal submission cycles, thereby enabling teams to approach the budgeting process cross-functionally.

We will delve deeper into budgeting, operational intelligence, and open data to deliver the most complete platform for improved government performance

With Budget Builder’s automatic reconciliations, government organizations can instantly see how each submitted proposal would impact the budget, allowing them to quickly increase or decrease line items to achieve balance. Once budget proposals are approved, organizations can publish Budget Milestone reports and share them internally or externally, keeping city management and council members informed and increasing buy-in for the final budget.

Once finalized, the software can convert the budget into monthly departmental budget-to-actual reports, which enable the department heads, the city manager, and finance staff to track the city’s performance against its budget plan. Leveraging both OpenGov Budget Builder and the broader Smart Government Platform, Connie and her team ensured that Burnet had the best-in-class technology infrastructure it needed to effectively plan for the city’s future, deliver unique services, and engage stakeholders within and beyond the organization.

OpenGov works with over 1,400 local governments, state agencies, school districts, and special districts to help them improve their data-driven decision-making and their performance across planning, budgeting, and operating. The company prides itself on its in-house Government Finance Solution (GFS) team comprised of veteran finance directors who guide their product roadmap and offer customers meaningful insights.

Going forward, OpenGov will continue working with its customers to deliver modern, easy-to-use government performance solutions that help governments address the challenges they face. As public sector leaders constantly strive to do more with less, they increasingly require on-demand information to make confident and informed decisions about the tradeoffs they face each day. To that end, Bookman said, “We will delve deeper into budgeting, operational intelligence, and open data to deliver the most complete platform for improved government performance.”