Financial Data Transparency: Build Better Taxpayer Trust and Confidence

A recent Gallup poll shows Congressional approval at an unprecedented historical low of seventeen percent. There’s an endless amount of reasons one could posit as to why that is the case—political dysfunction, legislative gridlock, corruption, a lack of transparency, and virtually everything in between—but regardless, the level of distrust in governmental institutions is growing and even trickling down to the state and local level, which is frustrating for both elected representatives and their constituents.

Before we all sharpen our pitchforks, fire up the torches and start a revolution, though, there is a silver lining worthy of note: a growing trend of public institutions willing to share their financial data with the citizens they serve and a panoply of technological options to do so.

Sensing this growing push toward increased transparency, Black Mountain Software (BMS) is introducing PublicView, an integrated, online portal of public facing reports local governments can use to share their budget and financial information.

Studies show that governmental increases in data transparency can not only improve the relationships between businesses, individuals, and the government, but foster more public engagement, provide better services, and perhaps best of all, increase the level of trust between public institutions and their citizen shareholders.

None of this is possible, however, if the reports are incomprehensible and hard to find. PublicView, on the other hand, provides a sleek and intuitive interface that makes the database easy to search while the eye-catching charts and graphs can be interpreted at a glance.

BMS has been serving local government entities with top notch financial software solutions and data management services for over 30 years and are continuing that tradition with PublicView. For more information about how PublicView will better serve your organization, contact Black Mountain Software today.

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