Government presents special challenges for fiscal management. Multiple funding sources, multiple objectives and multiple spending through many departments and programs make it hard to determine whether or not the desired outcome has been achieved for the money invested. Even when such determinations can be made, the passage of time makes it hard to change direction.
Salient’s mission, and our software solution are first about making it practical to reconcile public spending with its intended result and, second, making it much faster and easier for responsible persons to process this knowledge into beneficial action.
Our UXT® software serves as an automatic device for measuring the efficiency of government. Every day, it joins data from every part of government – operational, financial, statistical, etc. – to create a comprehensive replica of the government business environment.
The Salient Financial Performance Management solution allows public sector organizations to take control of the enormous amounts of financial data they collect, and transform it into actionable information to better understand benefits received for money spent.
Administrators can see the actual cost of personnel, physical assets and money associated with each and every activity of the organization. All activity data comes together to provide a coherent and immediate financial picture. The end result is greater visibility and control than ever before possible.