Government Capital Planning
A major federal agency needed a custom system to track more than 6,000 capital improvement projects annually, representing over $1.5 billion in expenditures each year, across a 10-year planning horizon. A new end-to-end solution - covering project proposal, budget creation, approval, funding, execution, and monitoring - was designed and built from scratch to replace a poorly-performing and unmaintainable legacy system. Capital Planning application integrates with all core financial management systems currently in use by the client.
Adoption of Parsage's Capital Planning system resulted in a 75% reduction in the time spent analyzing projects and enabled tracking of sub-$1m projects due to efficiency gains.