News from the PVM Team

Video: Modernizing Government Financial Management

Written by Hannah Zenas | March 7, 2025

Managing vast amounts of financial data is no small feat, especially for government agencies under increasing pressure to operate more efficiently and effectively. Financial teams across the government today are tasked with navigating tighter budgets while delivering greater transparency and agility. Traditional methods—siloed, reactive, and manual—are no longer enough.

Watch this video to learn how financial operations modernization can solve for these challenges. From proactive budgeting to real-time auditing, AI and automation can unlock the hidden potential of financial data so your agency can make smarter, faster decisions to operate more efficiently.


Why Modernize Government Financial Solutions

Government agencies are often stuck reacting to financial data instead of proactively managing it. Forgotten funds, unplanned variances, and lengthy communication cycles all slow the process. But with modern financial operations technologies, budgeting and contract management can evolve into a streamlined, collaborative, and insight-driven experience.

Highlights from the video about the benefits of government financial modernization:

Budgeting & Forecasting:

  • Gain real-time insights to identify variances before they escalate.
  • Reprogram funds intelligently based on evolving priorities.
  • Collaborate easily with internal and external stakeholders.

Contract Management:

  • See spending alignment to prioritize initiatives at a glance.
  • Clearly understand money available for reallocation, ensuring funds are being maximized.

Auditing:

  • Surface discrepancies instantly across datasets—no more digging through records.
  • Use automation to flag unmatched transactions and unauthorized payments for review.
  • Send corrective actions directly to analysts for swift response.

Watch the video no to learn more about how financial modernization doesn’t just enable operational efficiency—it empowers decision-makers to act with precision and confidence. By turning financial data into a strategic advantage, agencies can pivot quickly, manage budgets effectively, and meet mission-critical objectives.

Take the Next Step—Register for Our March 19 Webinar!

In the video above, you learned how AI and automation can drive financial modernization, improve budget management, and boost efficiency. Now, don't miss the opportunity to deepen your understanding and explore these capabilities even further. Join us for a webinar on March 19 at 2p.m. Eastern to see the platform live in action.

Reserve your spot today and unlock the full potential of financial innovation!