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Workiva and OpenGov Announce Partnership to Help State and Local Governments Modernize Budgeting and Financial Reporting

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OpenGov Budget Builder to be Paired with Wdesk

Ames, IA and Redwood City, CA – February 21, 2017Workiva (NYSE:WK), a leading provider of enterprise cloud solutions for improving productivity, accountability and insight into business data, and OpenGov, the leader in government performance solutions, jointly announced today a partnership to help state and local governments modernize their budgeting and financial reporting processes.

OpenGov Budget Builder™ and OpenGov Intelligence, which streamlines budgeting, analysis and public disclosures, will be paired with the Workiva platform Wdesk, which provides governments the ability to link their data in a single, trusted source and create integrated reports with control and accountability.

States, municipalities and other governmental entities are required to submit a wide variety of documents and reports to regulators, bond investors and the public. These documents include annual budgets, monthly performance reports and Comprehensive Annual Financial Reports (CAFR) that comply with the Governmental Accounting Standards Board’s requirements.

OpenGov will offer Wdesk as part of its complete cloud-based budgeting solution, enabling customers to easily publish budget books based on their preparation done in OpenGov Budget Builder. The joint offering will also help governments create CAFR reports, quarterly management reports and other related documents.

With Wdesk, administrators can control access at all levels so that each user can create, edit and review data and documents that relate directly to them. This secure access feature is especially useful for reviewing and approving budgets as well as for CAFR external audit reviews.

“We are excited to work with OpenGov to further expand Wdesk across state and local governments,” said Matt Rizai, Chairman and CEO of Workiva. “Our joint product offering will give governments a complete budget, performance management and financial reporting solution, which will save them time and money.”

“With the addition of Wdesk to the OpenGov Smart Government Platform, we are jointly offering a complete solution for analyzing and communicating complex public sector financial information to government employees, elected officials and the public. We are excited to immediately offer Wdesk to more than 1,400 OpenGov customers,” said Zac Bookman, OpenGov Co-Founder and CEO. “Our partnership further enables data-driven decision-making and improves transparency for the public.”

 

About Workiva

Workiva (NYSE:WK) created Wdesk, a collaborative work management platform for enterprises to collect, link, report and analyze business data with control and accountability. Thousands of organizations, including over 70 percent of the Fortune 500®, use Wdesk. The platform’s proprietary word processing, spreadsheet and presentation applications are integrated and built upon a data management engine, offering synchronized data, controlled collaboration, granular permissions and a full audit trail. Wdesk helps mitigate risk, improves productivity and gives users confidence to make decisions with real-time data. Workiva employs more than 1,200 people with offices in 16 cities. The company is headquartered in Ames, Iowa. For more information, visit workiva.com.

Claim not confirmed by FORTUNE or Time Inc. FORTUNE 500 is a registered trademark of Time Inc. and is used under license. FORTUNE and Time Inc. are not affiliated with, and do not endorse products or services of, Workiva Inc.

About OpenGov

OpenGov is the leader in government performance solutions: easy-to-use cloud software for better budgeting, improved reporting and operational intelligence, and comprehensive transparency and open data. OpenGov solutions give governments the right tools and relevant data for more informed decision-making and better outcomes for the public.

Over 1,400 public agencies in 48 states use OpenGov software. Founded in 2012, OpenGov customers include the State Treasurer of Ohio, the city of Minneapolis, MN; Maricopa County, AZ; and Washington, DC. OpenGov is backed by top investors Andreessen Horowitz, 8VC, and Thrive Capital and has headquarters in Redwood City, CA.

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Press Contacts:
Kevin McCarthy
Workiva Inc.
(515) 663-4471
press@workiva.com

Brian Purchia
OpenGov, Inc.
202-253-4330
pr@opengov.com

OpenGov Hits the Road and Hosts California Regional Leadership Summit

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Last week, OpenGov hosted an event for local finance directors in Sacramento, CA ahead of the 2017 California State Municipal Finance Officers (CSMFO) Conference. The user-centric OpenGov California Regional Leadership Summit featured an energetic address by keynote William C. Statler. Statler’s remarks tackled the challenges and opportunities California’s municipal finance officers face today.

Statler, veteran former Finance and IT Director of San Luis Obispo, CA and former Finance Director of Simi Valley, CA, spoke the audience’s language from experience and with candor. Among his top 10 challenges facing finance officers, he included:

  • Finance officers’ unique roles as guardians of the General Fund’s fiscal health;
  • Communicating the government’s fiscal story meaningfully – internally and externally;
  • Aligning resources with strategic goals; and
  • Long-term sustainability planning.

No challenge comes without opportunity, however. First and foremost, Statler noted there is substantial opportunity in the availability of achieving practical, powerful solutions through innovative technology. Indeed, the summit also featured three customer use case presentations that illustrated concrete examples of how governments are successfully leveraging technology such as the OpenGov’s Smart Government Platform.

Specifically, Incline Village General Improvement District (IVGID), a quasi-public agency in Nevada, and the City of Hayward, CA, have each used the platform to empower their departments’ staff with the detail and historical data necessary to create customized reports and drive informed decision-making. IVGID’s Controller Lori Pommerenck and Hayward’s Acting Finance Director Dustin Claussen presented on behalf of their organizations.

The City of Sausalito, CA’s former Finance Director Charlie Francis used the OpenGov platform as a solution to open up the town’s financial data to a broader constituency. The improved transparency led to a more diverse, representative public engagement environment.

The exciting part is that this is just the beginning. In the coming year, the OpenGov team is planning to host more Leadership Summits across the country to connect municipal leaders, finance officers, and public officials. Attendees will have the opportunity to connect with peers, contribute and gain insights into best practices, and see new technology solutions in action. Additionally, users who are already members of the OpenGov network will be able to take part in closed user-group sessions, which offers the opportunity for users to engage with more specificity around their own experiences and goals. Members of OpenGov’s top-rated Customer Success and Government Finance Solutions teams will moderate the user groups.

We are actively considering locations for future Leadership Summits, so if you would like to request that we host an event in your region, please email us at events@opengov.com.

‘Checkbook’ Feature on Website Shows Payments to Those Vendors Doing Business with Town

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Bosworth: ‘The Town is an open book.’

North Hempstead, NY, Feb. 6, 2017– North Hempstead Town Supervisor Judi Bosworth and the Town Board announced today that the Town has recently added a feature from technology provider OpenGov to the Northhempstead.com website that will provide a comprehensive report of all payments made by the Town, by year and vendor. This additional feature, called OpenGov Open Checkbook™, will continue to strengthen North Hempstead’s commitment to openness and transparency in government.

The Town launched its modernized website in 2015, which included its first interactive aggregate financial and budget reports powered by OpenGov. With OpenGov, the public can easily analyze, share and compare detailed town budget data in a user-friendly format. The addition of the OpenGov Open Checkbook to the town’s website makes it even simpler for residents to see checkbook-level spending data, and to follow how each and every one of their tax dollars is spent by their local government. Checkbook data for the years of 2014, 2015 and 2016, up to January 6, 2017, will be available.

“Previously this kind of information was usually kept in a text-heavy document, but will now be easily available and searchable to anyone through the Town’s website,” said Supervisor Bosworth. “The Town of North Hempstead has an obligation to its residents to show them how their tax dollars are being spent, and now through OpenGov the Town is an open book.”

“North Hempstead is a great example of how a town that is committed to open the books to the public can do so efficiently and effectively when they apply the right technologies,” said OpenGov CEO and Co-Founder Zac Bookman. “OpenGov is committed to powering more effective and accountable government, and we will continue to develop software and services that deliver on that mission for towns like North Hempstead.”

Have you tuned into North Hempstead TV lately? View all of our great programming on Channels 18 or 63 on Cablevision or Channel 46 on Verizon, or visit www.myNHTV.com or www.youtube.com/townofnorthhempstead.

About OpenGov

OpenGov is the leader in government performance solutions: easy-to-use cloud software for better budgeting, improved reporting and operational intelligence, and comprehensive transparency and open data. OpenGov solutions give governments the right tools and relevant data for more informed decision-making and better outcomes for the public.

Over 1,400 public agencies in 48 states use OpenGov software. Founded in 2012, OpenGov customers include the State Treasurer of Ohio, the city of Minneapolis, MN; Maricopa County, AZ; and Washington, DC. OpenGov is backed by top investors Andreessen Horowitz, 8VC, and Thrive Capital and has headquarters in Redwood City, CA.
Learn more at www.opengov.com.

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