Unisys today announced the availability of the Unisys Recovery Act Reporting Environment, a new reporting solution designed to help government agencies and recipients of U.S. federal economic stimulus funds meet stringent American Recovery and Reinvestment Act (ARRA) reporting requirements.
ARRA mandates that federal, state and local government organizations receiving stimulus funds report data on how and where these funds are being spent, so that citizens can keep track of the costs and use of recovery funds.
“The Unisys Recovery Act Reporting Environment enables the kind of transparency and accountability that the Obama administration is asking for from recipients of federal stimulus funds,” said Andy Hoskinson, vice president for technology strategy and consulting, Unisys Federal Systems. “It makes the reporting process easy by extracting data elements from existing financial systems, translating that data into ARRA-mandated reports, and delivering the reports over the web using formats suitable for aggregation by the Recovery.gov web site.”
The Unisys solution provides an innovative and inexpensive reporting tool that enables agencies and other entities to
respond quickly and cost-effectively to ARRA reporting requirements. Using the tool, organizations can produce the required reports to feed Recovery.gov while leveraging their existing IT resources.
“Unisys understands the challenges that government agencies face in meeting extensive ARRA reporting requirements designed to expand transparency and accountability,” said Venkatapathi “PV” Puvvada, vice president and managing partner, Unisys Federal Systems. “The Unisys Recovery Act Reporting Environment is designed to help organizations achieve rapid compliance through a cost-effective solution built on open source technology and which enables them to leverage existing IT infrastructure investments.”