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Simply put, “automation” is the act of automating certain processes within an organization. These processes could include accounts payable and receivable, payroll, and other administrative functions. While automation typically relies on software, it’s not about reducing your organization’s headcount. Instead, it’s about finding ways to eliminate redundancies, paper, and even errors. The result: Your staff members are free to do more of what they were hired to do—and empowered to do it more easily.
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Accounts payable is an infamously tedious process. For many cities and local governments, it can be downright overwhelming, especially for those with an overburdened finance department. If your organization is getting bogged down by the flow of vendor invoices and checks, automation could be the solution.
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Under the ARPA Coronavirus State and Local Fiscal Recovery Funds final ruling, your city’s decision regarding the amount of funding to be used-under or over the $10 million threshold-must be reported in your April 30, 2022 Project and Expenditure Report. The choice indicated on that report cannot be changed later, so now is the time to make this critical decision.
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The Final Rule for the Coronavirus State and Local Fiscal Recovery Funds (CSLFRF) was released in January 2022 and provided much needed clarification for local governments. As you prepare for your upcoming audit and CSLFRF Reporting requirements, keep these important reminders top of mind.
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In this first article in our Change Management Series, we’re highlighting ways to prepare your team for change. Here are 10 best practices to follow.
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On January 6, 2022, the US Treasury released the Coronavirus State and Local Fiscal Recovery Funds Final Rule. The Final Rule is effective April 1, 2022, and provides much-anticipated clarification. The Interim Final Rule is still effective through March 31, 2022, but the Final Rule can be implemented prior to its effective date.
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Carver city leaders realized a more robust financial planning exercise was needed. They needed more than a spreadsheet—they needed to understand the city’s financials, as well as tax impacts to new rates and fees that came with growth and evolving expectations.
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Join us for the final installment of our webinar series for local governments. This month, we’re talking about fraud and fraud prevention for local governments.
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To help you understand eligible uses for your city’s First Recovery Funds, our advisors have created an overview of what the updated U.S. Treasury guidance entails.
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The recent enactment of the American Rescue Plan Act (ARPA) extended the voluntary employer option to offer credit-eligible FFCRA leave and also made state and local governments eligible for the full tax credits, effective April 1 through September 30, 2021.
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