Optimizing assets & resources
Organizations across the country are struggling to inventory, track, and allocate the supply of critical assets to areas of greatest demand. We are helping track available resources and demands for each specific location in real time and visualize and forecast inventory so organizations can optimize resource movement between localities while minimizing supply chain and logistical burdens. We’re proud to be helping get resources where they’re needed most.
Mitigating fraud, waste, & abuse
Programs at every level of government are at a significant risk to fraud with the large amount of money being spent and the paucity of controls over how the funds are being distributed. We’re helping agencies with specific steps to proactively identify and manage fraud risks associated with stimulus funding and grant programs, including developing a system of record to track and monitor funds and identify patterns and irregularities that can be used to identify and prevent potential fraud schemes.
Grants management approaches
Grant Thornton Public Sector has worked with agencies to develop and document new grants management procedures and policies in the light of emerging Coronavirus Recovery and other legislative and regulatory requirements. Our capabilities include incorporating evidence & performance measures into grants administration & management; performing program and financial audits to ensure recipients used funding as approved; and ensuring enterprise risk management and internal controls are developed early enough for proper program management and risk mitigation plans to be effective and to meet new reporting requirements.
Budgeting in uncertain times
The COVID-19 pandemic impact on the U.S. economy has far reaching implications for government - particularly state and local governments. The costs or responding to the pandemic are unprecedented and many programs across the country are dealing with plummeting revenue. Even Federal fee-funded agencies are cannot escape a decline in revenue when user fees drop. Now, more than ever, government agencies need financial transparency and a strategy to balance economic recovery and providing essential government services in lean times.
Existing concerns about election security have been exacerbated during the global pandemic. This challenging environment requires comprehensive strategies from both government and industry to ensure a successful election. From adjusting to COVID conditions, minimizing fraud, maximizing voter engagement, and protecting against external interference, there are no shortage of challenges for state and local election officials. Grant Thorton Public Sector is a leader in election security services and can help create a roadmap to safeguard local democratic processes.
Shaping the future of work
COVID-19 has upended the way we work and live all around the country. Grant Thornton Public Sector has overhauled everything about our operations and business, from technology and finance operations, to business development, real estate management, and collaboration techniques – truly reshaping the future of work for our business.
Government agencies currently have a unique opportunity to do more than simply survive in a work from home model. But to transition to a new work model – driving efficiencies and creating new services to meet citizen demand.