CostPerform for Governments
How Governments Tackle Regulatory Reporting, Cost Allocation and TBM Using CostPerform.
Lead the way in government costing by leveraging our innovative cost modeling software.
Gain access to leading solutions with unparalleled cost management capabilities. Benefit from cost allocation, regulatory reporting, and performance optimization.
Leverage Proven Tools and Methodologies
CostPerform helps your government agency by allocating costs to government activities, enhancing cost transparency. Using our solutions, you can uncover hidden costs, optimize product and service pricing, analyze profitability, streamline internal allocation discussions, and support regulatory reporting, among other benefits.
- Regulatory Reporting: Comply with the highest standards of government reporting.
- Cost to Serve: Understand the true cost to serve for government agencies.
- Accurate Financial Data: Ensure precision in your financial data with our advanced tools.
- Actionable Insights: Use our analytical capabilities to turn data into actionable insights for better decision-making.
- Efficiency and Speed: Accelerate your processes with tools that streamline data collection, modeling, and reporting.
- Technology Business Management: Reporting on government IT activities, resources, and cost pools according to a structured framework.
Equip your government agency with the tools it needs to succeed.
Why CostPerform?
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GSA Approved Supplier
For our US government clients, CostPerform is available via GSA pricing. -
Trusted by Governments Worldwide
Benefit from our extensive expertise implementing cost modeling software for across governments around the globe, especially in the USA and Europe. -
Roll-up Functionality for Overseeing Government Agencies
When needed, overseeing government agencies are able to roll-up 'child' cost models into 'parent' cost models and report on the consolidation. -
Extensive Training and Support
Equip your team with knowledge and skills through extensive training programs (our Academy) and ongoing support.
Trusted by governments worldwide:
"At the Small Business Administration, CostPerform allows us to comply with the directives from the Office of Management and Budget, and gives us the flexibility and information we need to optimize IT spending across the agency."
– Maria Roat, SBA’s Chief Information Officer and Program Champion
How CostPerform Helps
Governments Worldwide
See cause and effect relationships with the CostPerform calculations
Make reports on several levels: per agency, per government service, et cetera
Collect data for exclusive analysis on where and how to improve performance
The software monitors cost and profitability and suggests improvements
Government Use Cases
Government agencies in the US, UK, the Netherlands, all government agencies in Dubai and more than 200 other organizations worldwide use CostPerform for TBM and cost-price calculations to determine price lists, ensure funding and for other purposes.
By using CostPerform, national, state and local governments equip themselves with advanced tools and methodologies to handle any cost allocation method with ease. Our platform ensures precision in financial data, provides actionable insights, and accelerates processes through efficient data collection, modeling, and reporting.
New ABC/M model for the US Government
The software of CostPerform has helped the Federal Student Aid, an office of the US Department of Education, with an Activity-Based Costing and Management (ABC/M) model. That cost model developed unit costs of processes and services delivered as part of the General Accounting Office requirements for a performance-based organization (PBO). The ABC model serves as the source for cost data, a platform on which to monitor key financial performance indicators, and an input for the President’s Management Agenda (performance management) requirements. Despite the challenges of model conversion, redesign and rollout took 5 months; developed clear and measurable total and unit costs of processes associated with each FSA loan program including origination, servicing, liquidation, and the various direct and indirect costs that comprise these processes.
The software of CostPerform is also used by the U.S. General Services Administration and is certified and accredited by the Department of Homeland Security (DHS).
Here’s how CostPerform can transform your agencies’ cost and profitability management:
Cost Allocation
Assist government agencies in ensuring fair and transparent cost allocation, showback, and chargeback within their organizations. CostPerform’s tools facilitate precise cost distribution, enhancing internal accountability and financial clarity. Streamline the process to improve operational efficiency and reduce conflicts.
Technology Business Management
Enable the proper allocation of your government IT services, by mapping your activities, resources, and cost pools according to a proper structure. Go even broader than just IT spend to Shared Service Center Cost Allocation in order to properly attribute government expenditures.
Regulatory Reporting / Compliance
Governments can produce regulatory financial statements with confidence and accuracy. CostPerform ensures compliance by providing a transparent evaluation and analysis process. Enable your agency to meet regulatory deadlines efficiently and maintain stakeholder trust through reliable reporting.
Budgeting and Forecasting
Integrate CostPerform into your budgeting and forecasting processes for a more accurate financial outlook. Our platform supports detailed planning and continuous monitoring, enabling adjustments based on real-time data and improving financial performance.
Scenario Analysis
Empower your agencies to run comprehensive scenarios and impact analyses to prepare for changing conditions. CostPerform allows for seamless adjustments and tracking of methodology changes, providing a robust tool set for forecasting and strategic planning. Anticipate regulatory changes and make proactive adjustments to your strategies.
Value Leakage Identification
CostPerform helps quickly and systematically identify value leakage across government operations. Cost analysts can gain a clear understanding of the true cost to serve their end customers (being the citizens or sub departments they serve) and analyze the underlying profitability of their products and services, enabling informed decisions to optimize pricing and enhance profitability.
Special Projects
Lead the way in conducting thorough financial analysis of lean initiatives and other special projects. Use specific scenario analyses to measure the effects of different projects and improvement initiatives. CostPerform helps validate the financial viability and impact of strategic decisions.
Everything Else
Leverage the flexibility of CostPerform for a wide range of applications beyond standard use cases. From calculating CO2 emissions per government service to Technology Business Management to indirect tax calculations, our tools adapt to meet diverse needs. We are ready to explore and support your specific application requirements.
Case: US Patent and Trademark Office
Learn from a US Government Agency that uses CostPerform
In this case you will read all about:
- Our added value to governments
- The objective USPTO had before using CostPerform
- How we helped them solve for their goals
