Reso 2023-3580 - Laserfiche WebLink

Home Browse Search

4 Additional considerations and "must -haves" for the new budget system: • Enable deep analysis of the budget by enabling robust, interactive visualizations with drill -down capabilities which can be generated on top of the budget. • Be able to visualize additional types of data, including historical budget data, budget -to -actual data, non-financial data, geospatial data, and project trends for future fiscal years. • Allow administrators to publish the budget to an integrated public -facing portal which allows constituents to interactively view and explore the published data. The budget information should include any narrative, explanation, and applicable media (such as maps and videos). • Contain fully integrated capabilities to support capital budgeting. • Allow users to easily track the impact of the operating budget. • Understand, visualize, make interactive, and map to your Chart of Accounts. Solutions that require you to work with a "standard" Chart of Accounts should not be considered. • Does NOT require staff to send data to the vendor in order for the data to synchronize with our accounting system. Data should, at a minimum, be refreshed with an automated nightly sync in order to capture near real-time data. • Be capable of visualizing non-financial data, projecting budgetary trends, depicting "what -if' scenarios and forecasting, and allowing users to save configured views. • Allow users to determine whether they would like to share reports externally, share the reports within the internal organization, or keep the reports purely private. • Be able to manage employee cost calculations and provide in-depth views into workforce cost drivers, providing scenario analysis based on position variables. This feature should be seamlessly integrated with the budgeting solution so users can request new employee positions for approval to be included in the annual budget. The workforce planning solution MUST be capable of scenario analysis of up to at least 10 years. • Have the ability to produce the annual budget book for online publication. Bidders should provide examples of other published budget books for review. The solution must NOT rely on any third party software systems to publish the budget book. • Allow for users to amend the structure of tables and chapters within the book and be able to pull in key performance data. The published budget book MUST be ADA compliant. • The published budget book must be very flexible to meet your agency's needs. Digital budget books that operate exclusively off of pre -built "templates" will not be considered. • The budget book solution must have been implemented in at least 100 government agencies. "Proof of concepts," for agencies will not be considered implementations. • The budget book solution must have a demonstrated record of resulting in GFOA awards for local government agencies. • Must allow for strategic initiatives to be built in, enabling departmental budget proposal requests to be tied to overall strategic goals at the worksheet level. The strategic initiatives module must be fully integrated within the budgeting application. • Must have a fully -integrated reporting & dashboard solution that can auto generate reports based on configured filters and data selection. The reporting solution must be provided and developed by the same vendor providing the budgeting software. No third party solutions will be considered. • Must support robust biennial budgeting functionality, including the ability for data from year 1 to OPENGOV 5