For compliant, automated ARRA SGIG reporting
The $3.4 billion in DOE Stimulus funding came with stiff reporting requirements to ensure accountability. Under the Federal Enforcement and Recovery Act, reporting violations can result in fines up to $10 million. Reporting must be timely, accurate, and consistent. Compliance does not have to be a burden; it can be automated – as part of the same solution that delivers Impact results.
Features:
- Automated quarterly, semi annual, and annual reporting in DOE compliant, pre-defined templates
- Data collection automation for data from awardees and sub-recipients
- Automatic calculation of Build and Impact metrics derived from multiple data sources, including project, financial, and both real-time and time series operations data
- Pre-configured calculations for build metrics & impact metrics accurately derived from correlated, analyzed, multi-data source data, including real-time data
- Automated integration with SAP, IBM, and Oracle ERP systems and SAP Project Systems, MS Project, and Primavera P6 project management systems to reduce omitted or repeat data entry
- Pre-defined DOE reporting templates for reporting automation and time savings
- Single point of integration for project, financial and operations data, enabling baseline definition and comparison with actual metrics
- Intuitive collaboration platform for information sharing, joint review, and revision among recipients, sub-recipients, and the DOE
- Workflow process for reporting reviews, enabling accuracy of report data before automated submission
- Role-based visibility across the enterprise, grant recipients, sub-recipients, and the DOE
- Easy to use interface for manual and Excel-based data entry
- Secure role-based access for information exchange
- Full Stimulus grant lifecycle visibility
- Executive dashboards for quick summary reporting of project status and impact
- Real-time performance monitoring and visual analytics, geospatially displayed for contextual understanding of operational status, fast response, and planned results
- Flexibility to accommodate evolving DOE reporting requirements
- Audit trail reports to help identify changes to submissions
Benefits:
- Simplified process for reporting, using a single, automated reporting solution that reduces the burden associated with compliant, end-to-end ARRA SGIG reporting
- Greater ease, timeliness, accuracy, and consistency of reporting enabled by a single, unified solution, that is a single point of integration for project, financial, and operations data for Build and Impact metrics
- Easier, more accurate information sharing, joint review, and revision among recipients, sub-recipients, and the DOE via a secure, user-friendly collaboration platform
- Timely submissions and reviews by recipients and sub-recipients enabled by status updates, alerts, reminders, and notifications
- Increased accuracy and time savings delivered through reporting automation and ARRA SGIG report templates
- Advance warning to prevent potential audit failures or erroneous submissions
- Reduced risk of investigation, audit, review, and negative publicity
- Lower risk of fines, penalties, and prosecution under the Federal Enforcement and Recovery Act and the False Claims Act
- Improved contextual understanding of Build and Impact results
- Increased grid operations efficiency and reliability enabled by greater situational intelligence and full-context, real-time grid monitoring
