East Norriton, PA (PRWEB) March 5, 2009
ActiveStrategy, Inc. today announced the addition of StimulusScorecard™ to its suite of strategy execution products for the public sector. ActiveStrategy StimulusScorecard™ - available on the GSA schedule for the federal government - is a low-cost, turn-key web-based service designed to allow recipients and subrecipients of funds from the American Recovery and Reinvestment Act of 2009 Act (ARRA or Recovery Act) to effectively and proactively monitor and manage their projects and programs.
Recipients of economic recovery funds from the ARRA are required to complete extensive, quarterly reports on project status, job creation, issued subcontracts and subgrants, and more. To meet the detailed ARRA reporting requirements, data collection must be part of implementation plans for stimulus-funded projects. ActiveStrategy StimulusScorecard™ collects the project information required by the ARRA. It also makes real-time data available so governments can identify the preemptive action needed to prevent delays, waste, fraud, and abuse that could undermine program performance and public confidence. Simply put, it is a service that allows governments to monitor, manage, review, and report on all stimulus programs and projects from one location.
ActiveStrategy StimulusScorecard™ allows Federal agency, state, city, and local officials, as well as other Recovery Act recipients, to monitor and manage:
- How efficiently and effectively the dollars are being spent in real time (i.e. are the programs on-time, on-budget, and on-quality from their original plan)
- How much impact there is on economic recovery (i.e. what long-term benefits are being realized in job creation productivity, energy efficiency, etc.)
- Who is responsible for projects and what updates are they providing on performance
- How many projects and how many dollars have been awarded, spent, obligated or are pending
In short, the service permits organizations to meet the highest standards for transparency and accountability called for in the ARRA. In addition, information from ActiveStrategy StimulusScorecard™ can be exported for ARRA reporting to agencies, and HTML and PDF views of information can be linked to public-facing websites.
ActiveStrategy StimulusScorecard™ is driven by ActiveStrategy Enterprise software, which is in use today by the most advanced and progressive governments in the country. It provides a secure, low-cost system that requires virtually no IT support and can be online and ready to go in days. StimulusScorecard™ packages ActiveStrategy Enterprise online scorecard software with documentation, training, best practices measurement templates for the ARRA, telephone support, help selecting key measures and objectives to get your system usable right away, and ongoing analysis of OMB guidance. Coaching on how to use the system to conduct reviews of stimulus-funded projects and ARRA strategy is included as well. There is no software to buy or install - governments and agencies pay for the system only for as long as it is needed as part of the management and administrative costs of their stimulus projects.
Learn more by attending ActiveStrategy's March 11th webinar, Best Practices in Managing Stimulus Projects, where the ARRA reporting requirements will be discussed and StimulusScorecard™ and example scorecards will be presented. Contact mailto:email@example.com [firstname.lastname@example.org] to request an online demo of the software.
About ActiveStrategy's Public Sector Practice Group
ActiveStrategy's Public Sector Practice Group, based in East Norriton, PA, offers world-class strategic management consulting and Balanced Scorecard software to help public sector organizations drive better transparency, accountability, and results through strategic and operational execution.
The Public Sector Practice Group focuses on the needs of Federal, State, County, and City governments. ActiveStrategy Enterprise software and consulting solutions have already helped a wide range of these governments achieve their performance goals, as well as win national performance and quality awards.
ActiveStrategy is a GSA Schedule Contract Holder under Schedule 70 Contract GS-35F-0009V.