Is your U.S. state or local government office tired of using outdated accounting software that is hard to manage? If so, it might be time to think about investing in fund accounting software – an accounting solution that is purpose built for government offices and their unique needs.
Benefits of Fund Accounting Software for Local Government
In Line with the Government Accounting Standards Board
The Government Accounting Standards Board (GASB) aims to establish and improve accounting and financial reporting standards for U.S. state and local government. By using fund accounting software, your municipal organization will always be following best practices and guidelines to ensure taxpayers, legislators, analysts and others are able to process the information and make positive decisions.
Being GASB compliant also allows you to focus on the tracking, reporting and decision-making aspects of your office, rather than spending large amounts of time double checking policies and guidelines.
Improved Financial Managing, Tracking and Reporting
When using fund accounting software, local government offices will have access to better financial management. This means that managing and tracking data is not only easier, but reporting on that data is much more efficient as well. With pre-set templates, users will be able to create visually appealing reports that are readable and that contain accurate, actionable data.
Make Better Financial and Strategic Decisions
With improved tracking and reporting, you’ll be able to make smarter, more efficient financial and strategic decisions that will positively impact your local government. You’ll no longer have to play ‘What If’ scenarios because you’ll always have access to real-time numbers – allowing you to make the best choices at any point in the year.
Effortlessly Manage Your HR Needs
Your local government office manages a variety of departments, from utilities to parking to parks and recreation, which can make human resource activities difficult, frustrating, and time consuming.
With fund accounting software, you can oversee different HR functions easily and effortlessly. Manage payroll, job tracking, time sheets and more all within one software solution.
Want Your Local Government Office to Use Fund Accounting Software?
Capital Business Solutions is an integrated financial software company, dedicated to helping state and local government offices streamline, simplify and strengthen their accounting process and procedures. Our financial management software, including fund accounting software, will make accounting simpler and easier for your municipality. Learn more about our fund accounting software options by calling Bob Schilling at 877-889-0629 or emailing firstname.lastname@example.org.