As federal agencies continue to modernize, the push towards adopting cloud solutions has gained momentum. Legacy systems, often siloed and inefficient, are not equipped to meet the demands of the modern federal landscape. Many organizations are exploring how configurable cloud technologies can drive change for them due to growing pressure to improve transparency, reporting accuracy and overall efficiency. This shift was the focus of Baker Tilly’s FedForward webinar, aimed at showcasing how purpose-built software as a service (SaaS) configuration can help federal entities overcome longstanding operational hurdles.
The panel consisted of Baker Tilly’s Meghan Loomis, Emily Hegel, Prasad Joshi and Halie Morris. The session focused on practical, real-world solutions designed to solve financial budgeting and reporting as well as procurement connectivity challenges, two areas burdened by outdated, disconnected systems.
Challenge 1: Financial budgeting and reporting
- Data integration issues: Multiple systems that don't integrate seamlessly
- Time-consuming processes: Complex coordination among multiple stakeholders
- Manual workflows: Decreased efficiency and increased errors
- Limited visualization: Difficulty presenting complex budget data clearly
- Legacy systems: Outdated financial management systems lacking modern capabilities
- Automation gaps: Absence of artificial intelligence (AI)-driven analytics slows decision-making
- Scalability problems: Systems unable to handle fluctuations in data volume