CIP Trak For Capital Projects
Transparency in government today is growing in importance. And in capital projects --where a large portion of a municipality’s receivables get invested-- the need for transparency and accountability is omnipresent. Beyond transparency, there is a need to track Capital Improvement Projects (CIP) from financial and scheduling perspectives and distribute the results to a variety of stakeholders from employees to administrators to vendors to the constituency and beyond. The reward is unlocking untold savings through improved communications.
CIP Trak allows agencies to:
- Emphasize government transparency and accountability
- Promote citizen involvement
- Obtain community buy-in
- Achieve centralization of CIP data and information
- Eliminate data redundancy and multi-entry efforts
- Archive full integration with budget and financial management system
By centralizing CIP data, departments working on projects in the same area may better coordinate the timing and execution of their projects which can save time and money. Government officials can view a common resource to provide accurate and consistent answers to a constituent or department heads can see when a project is going to be completed or when it’s running over budget.
Meanwhile, the citizens can get similar updates online, including a map with all the projects with drill down capabilities. Even coordination between overlapping municipalities, such as a city and county, is possible to provide complete coordination.
Take a closer look at the CIP Trak demo or to find out more about CIP Trak, contact us today!