Get a Better Handle on Unspent Funds
As government spending becomes increasingly scrutinized, program and financial managers face mounting pressure to help their agencies manage unliquidated obligations (ULOs), such as goods and services that have been ordered but not received, or contracts awarded but not performed.
Since these unspent funds can add up to significant sums, the sooner agencies can identify these ULOs, the easier it is to redirect them as needed. Yet, it can be a challenging task as many finance departments lack the necessary tools to conduct a comprehensive, real-time review of funding, obligations and spending history.
Read this paper to gain an overview of how SAP’s portfolio of public sector software solutions can help you:
- Reduce fraud and waste in government programs
- Do more with less through smarter budgeting and cutting
- Streamline and secure the government supply chain
- Reduce costs and improve services with cloud and mobile capabilities
- And more