Government Technology

Stimulus Reporting Hatches New Software Solutions



May 28, 2009 By

With demand for hardware and software stalled by the economic recession, a growing number of technology vendors are hoping the $787 billion American Recovery and Reinvestment Act will provide them with some economic stimulus of their own.

Tough reporting and tracking requirements for stimulus spending that are coming little by little from the federal Office of Management and Budget (OMB) are spurring new software tools from big vendors like Microsoft, SAP and others that are tailored specifically for the management of stimulus projects.

Though it's not surprising that software companies would try to capitalize upon the Recovery Act to offer new products, the quick pace of their development has been unusual. And vendors and government officials agree that quick deployments are vital in this case. The first deadline set by the OMB for stimulus reporting is Oct. 10.

"These dollars are going to be watched closer than any federal dollar that has ever come out of the Treasury," said Dave Quam, the director of federal relations for the National Governors Association. "We're talking Congress, reporters, states, locals -- everyone is going to be watching this money. You might be able to know exactly where your tax dollar went at the end of the day. That's pretty remarkable considering where we are right now."

But challenges are ahead. States will be asked to do more than they've ever done before, Quam said. And the same burden of transparency and detailed recordkeeping has also been placed upon local governments. That's why software designed specifically for the stimulus is needed, vendors argue.

Getting Out in Front


View Full Story


| More

Comments

Add Your Comment

You are solely responsible for the content of your comments. We reserve the right to remove comments that are considered profane, vulgar, obscene, factually inaccurate, off-topic, or considered a personal attack.

In Our Library

White Papers | Exclusives Reports | Webinar Archives | Best Practices and Case Studies
Cybersecurity in an "All-IP World" Are You Prepared?
In a recent survey conducted by Public CIO, over 125 respondents shared how they protect their environments from cyber threats and the challenges they see in an all-IP world. Read how your cybersecurity strategies and attitudes compare with your peers.
Maintain Your IT Budget with Consistent Compliance Practices
Between the demands of meeting federal IT compliance mandates, increasing cybersecurity threats, and ever-shrinking budgets, it’s not uncommon for routine maintenance tasks to slip among state and local government IT departments. If it’s been months, or even only days, since you have maintained your systems, your agency may not be prepared for a compliance audit—and that could have severe financial consequences. Regardless of your mission, consistent systems keep your data secure, your age
Best Practice Guide for Cloud and As-A-Service Procurements
While technology service options for government continue to evolve, procurement processes and policies have remained firmly rooted in practices that are no longer effective. This guide, built upon the collaborative work of state and local government and industry executives, outlines and explains the changes needed for more flexible and agile procurement processes.
View All

Featured Papers