Performance Budgeting Solutions for Local and Federal Agencies

Uplift Your Existing Planning and Budgeting System!

Performance-based budgeting isn’t a new concept, but very few government agencies have included such a niche performance budgeting system in their annual performance planning. We noticed the shortcomings of the traditional approach to budget and performance planning. Therefore, we developed a comprehensive solution to help government agencies comply with OMB’s budget and performance integration requirements (Office of Management and Budget). We offer best-in-class technology to assist governed agencies keep an eye on their annual budget plans and preparing for future budget requests.

Problems We Solve!

Inefficient Synchronization

Knovos' Performance-based budgeting solution is highly capable of real-time synchronization between different goals, performance goals, the department's annual budget goals, and strategies. Our solution helps organizations implement their strategies based on annual budget plans for each determined goal. Also, it facilitates a comprehensive platform to overcome this hurdle.

Budget Justification

No Budget and performance planning is perfect unless it provides enough correlational data to justify the spending and strategic plans. With our solution, the strategic and other outcomes goals flow through the organization in a series of interconnected performance budgets to guide ongoing program management.

Daily Activities Link-up

Our performance budgeting solution allows users to identify activities of the agency's staff to support the desired outcomes. In doing so, the actual output generated by these activities will also be identified and linked to the final goals.

Fiscal Reality Check

Full Cost Accounting makes it possible to link every spent dollar and its associated activity. The platform allows users to define each activity and cost it down, linking both values for a timely reality check on the budgets.