Benefits header
Benchcube dashboards provide several important benefits to your organization's many diverse stakeholders:
Benchcube dashboards provide several important benefits to your organization's many diverse stakeholders:
Visual interactive dashboards serve two purposes. First, they provide instant, accurate, and understandable information at the fingertips of the CFO and other financial staff. They enable finance professionals to construct a main narrative and respond to queries and concerns without having to anticipate every possible question (and generate countless custom graphs and presentations just in case). Second, the dashboards enable self-service: stakeholders—elected officials, non-financial managers, the media, watchdogs, and the public—can answer their own questions quickly and efficiently.
Many local governments lack the resources to create a useful and sustainable visual analytics capability. We solve this problem by offering analytics as a service, which means we provide the technology infrastructure and the know-how. We piggyback on your existing audit data pipeline so the demands on your busy staff are minimized. And since we do this for many communities, we achieve economies of scale that even the largest, most tech-savvy local governments cannot match.
Comparing this year's budget number to last year's budget number is useful, but it does not provide the whole story. What is the trend net of growth, inflation, and other confounds? How do your revenues and expenses compare to peer communities? Our dashboards are designed to give you multiple critical perspectives on your financial reality so that you can quickly identify threats and opportunities.
Frustration with the opaqueness and complexity of government finances breeds frustration, cynicism, and spiraling mistrust. The information vacuum leads many citizens to assume the worst. It is impossible for local governments in such circumstances to make the long-term investments in their community necessary for a high quality of life. True transparency, which is distinct from indiscriminate data dumps, builds trust and confidence in the government's decision-making and prioritization processes.
Every local government faces unique challenges and does things a little differently. Our job is to provide an advanced data infrastructure that is flexible enough to give communities the freedom to do things their way but structured enough to enable useful comparisons and benchmarking.
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