The American Recovery and Reinvestment Act (ARRA), designed to quickly stimulate economic recovery in the US, also marks the start of a new era in the regulation, oversight, and accountability of the use of public funds. Agencies at all government levels will be challenged to maintain focus on programs that achieve long-term results—while ensuring they adhere to the complex requirements for stimulus funds. Learn more.
it financial processes deliver transparency
measure, and which enabling IT functions provide the best support. Defining what to measure is a critical first step. ARRA puts the public value proposition center stage '' focusing on tangible benefits for citizens, businesses, and society in general. ARRA-funded programs should also show financial returns, such as cost savings or cost avoidance, and these results should have public visibility. However, due to the unique nature of government, measuring performance, return on investment, and value is