Collaboration brings together tools and
services for priority-based budgeting, strategic planning and
performance management, in line with Rethinking Budgeting
guidelines
VANCOUVER, BC, Sept. 10,
2024 /PRNewswire/ -- Envisio, a strategy and
performance management software company, and Tyler Technologies,
Inc. (NYSE: TYL), a leading provider of integrated software and
technology services for the public sector, today announced a
strategic partnership to rethink local government budgeting and
improve community outcomes by embedding strategic priorities into
the budgeting process and tracking and reporting on priority-based
budgeting (PBB) results.
Local governments increasingly recognize
the need to modernize decades-old, line-item budget
processes.
Both Envisio and Tyler are committed to advancing the Rethinking
Budgeting initiative put forward by the Government Finance Officers
Association (GFOA), and created in partnership with the
International City/County Management Association (ICMA) and the
National League of Cities (NLC). Envisio and Tyler team members
have been key contributors to the Rethinking Budgeting
recommendations, helping to shape the improved budgeting "operating
system" for local government, now formally adopted by GFOA. In
collaboration with GFOA, they helped to develop a readiness
assessment to support local governments in understanding and
initiating steps to rethink their budgets.
This partnership enables Tyler to act as a reseller of Envisio
in combination with Tyler's Priority Based Budgeting solution
furthering its commitment to improving local government
budgeting.
Local governments increasingly recognize the need to modernize
decades-old, line-item budget processes to increase responsiveness
to changing community needs. PBB, budget transparency, and
alignment with strategic plans are core to budget
transformation.
PBB encourages government organizations to look at their
resource flow and align budgets with goals, ultimately supporting
better outcomes and increasing public understanding of how taxpayer
dollars are spent. But progress against goals must be measured and
managed to ensure outcomes are achieved and results are visible to
residents and local government leaders.
"At the heart of Rethinking Budgeting is the ability for local
governments to reallocate resources based on strategic priorities,
tie those budget allocations to an actionable plan, measure
results, and then adjust where necessary," said Stefan Baerg, Chief Revenue Officer at Envisio.
"Envisio provides a powerful framework for organizations to execute
their outcomes-focused budgets and a platform to share their
results with residents to foster engagement and trust."
By connecting Tyler's priority-based budgeting program and
allocation data with Envisio's strategic plan and performance
management tools and services, local governments can now align
their resources with strategic priorities, drive results, and grow
transparency with staff, elected officials, and residents.
"Everything leads back to the budget—it's the foundation for a
community's ability to enhance its outcomes," said Chris Fabian, Tyler's senior director of product
strategy for ERP Budgeting. "Priority Based Budgeting complements
Envisio by embedding strategic priorities into the budgeting
process, while Envisio amplifies the impact of priority-based
budgeting by managing, tracking and showcasing the results. This
partnership offers a complete, end-to-end solution for local
governments committed to driving meaningful, measurable
change."
About Envisio
Envisio is the most widely used
strategic planning and performance management solution in local
government. Cities, counties, school districts, and public sector
organizations use Envisio to execute plans, measure and report on
performance, make evidence-based decisions, and build trust and
transparency with their communities. More information on Envisio
can be found at envisio.com.
About Tyler Technologies, Inc.
Tyler Technologies
(NYSE: TYL) is a leading provider of integrated software and
technology services for the public sector. Tyler's end-to-end
solutions empower local, state, and federal government entities to
operate efficiently and transparently with residents and each
other. By connecting data and processes across disparate systems,
Tyler's solutions transform how clients turn actionable insights
into opportunities and solutions for their communities. Tyler has
more than 44,000 successful installations across 13,000 locations,
with clients in all 50 states, Canada, the Caribbean, Australia, and other international locations.
Tyler has been recognized numerous times for growth and innovation,
including on Government Technology's GovTech 100 list. More
information about Tyler Technologies, an S&P 500 company
headquartered in Plano, Texas, can
be found at tylertech.com.
CONTACT: Stacey Hartmann,
stacey@keetonpr.com
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SOURCE Envisio