Cloud >> Financials

Financials

Track and analyze financial data in real-time, create budgets, and generate financial reports.

OpenGov Financials

Only Modern Cloud Financial Suite Designed Exclusively for Government

OpenGov Financials is a comprehensive, cloud Financial Management Suite designed exclusively for local government. As part of the industry’s only modern cloud ERP for budgeting, financial management, and civic services, OpenGov Financials unifies and automates the mission-critical fund accounting processes of public administration, now and for the future.

OpenGov Financials manages core fund accounting processes (General Ledger, Accounts Payable, Accounts Receivable, Payroll, and others) alongside a highly configurable Utility Billing solution – all leveraging our industry-leading Reporting & Transparency Platform, with out-of-the-box capabilities to help you better understand organizational performance, maintain central and accurate dashboards, and communicate clearly and effortlessly with the public.

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Sign-in anywhere

Accounting in the cloud means having data and tools when and where you need them.

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Improve security

Store critical data and systems in the AWS Cloud with robust user security and full backup.

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Work efficiently

Fully integrated general ledger and subsidiary ledgers reduce manual work and ease analysis.

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Centralize data

Enter data once – use it across the system so your organization can operate off a single source of truth.

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Minimize paperwork

Digitize document management with scanning, uploading, and archiving facilities.

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Drive broad adoption

Leverage a world-class support organization and intuitive software to drive adoption throughout your organization.

UTILITY BILLING SOFTWARE

One Comprehensive Financials Suite

Manage all your core financial processes with a comprehensive fund accounting software suite — including Fund Accounting, General Ledger, A/P, A/R, financial close, bank reconciliation, Purchasing, Fixed Assets, Payroll, Utility Billing — all designed exclusively to meet the needs of local government.

FINANCIAL MANAGEMENT SOFTWARE

Core Financials and General Ledger

The heart of OpenGov Financials is a robust general ledger system designed from the start for Generally Accepted Accounting Principles (GAAP) multi-fund accounting and the special needs of governmental reporting under the Governmental Accounting Standards Board (GASB).

Flexible chart of accounts structure and sophisticated reporting closely support the need to have easily auditable records, comply with complex State regulations and meet the specific management needs of Cities, Counties, Schools and Special Districts. 

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OpenGov Financials: Feature-Rich Core Accounting Processes

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Native Fund Accounting

Manage critical processes including automated inter-fund transfers, encumbrances, audit-preparation, and deep user-security controls.

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Payroll

Payroll is powered by our best-in-class partner ecosystem. We leverage the leading government payroll and HR software to increase accuracy, maintain compliance and drive efficiencies.

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Bank Reconciliation

Close with confidence by cutting your reconciliation time by half while improving compliance and reducing fraud.

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Purchasing

Simplify vendor and contract management, approval processes, and document storage with online requisitions and automated monitoring tools.

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Utility Billing

Manage metered or unmetered services for your municipality or independent utility with simplified billing, flexible payment options, 3rd party meter integrations, and field service requests.

Highly Secure Environment for Users and Data

OpenGov Financials manages user access down to the screen level in each application. With the creation of security groups, the administrator can assign multiple people similar access through a simple process. Users can also be assigned to multiple groups to allow for cross-support between departments, giving the administrator an unlimited number of security scenarios.

Pre-built, default security groups, simple “inquiry” access setup, and integrated general ledger (account) security simplify management. The ability to custom tailor group access, integration with all aspects of OpenGov Financials and encrypted login information provide complete control.

Core Financials and
General Ledger

The heart of OpenGov Financials. The general ledger system is designed for GAAP multi-fund accounting and the special needs of governmental reporting. Core Financials also includes accounts payable, accounts receivable, fixed assets, purchasing and requisitions, and purchase card and e-procurement.

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Payroll and Human Resources

Payroll is powered by our best-in-class partner ecosystem. We leverage the leading government payroll and HR software to increase your payroll accuracy, maintain compliance and drive efficiencies for your team and employees.

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Utility Billing

Complete utility billing solution supporting multiple metered and non-metered services. Features revenue projections, online payments, consumption analysis, meter reading integration and mobile messaging SMS for outage notices and bill reminders. Available with OpenGov Financials or as a stand-alone solution.

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A Proud Track Record

OpenGov offers the best cloud-based financial management system available for local government entities. OpenGov staff bring decades of governmental software expertise and over 500 years of combined government service experience, which uniquely qualifies OpenGov to support the governments it partners with today.

Related Resources

Download Ebook
eBook
Seven Steps Toward a Better Government ERP
Read the Blog
Government Finance
Introducing the OpenGov ERP Cloud: The Only Full-Featured, Collaborative and Communicative Government ERP
OpenGov Announces Launch of OpenGov Financials
Learn More
April 28, 2020
OpenGov Announces the Launch of its Full-Cloud ERP for Local Governments to Streamline Financial Management
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