Public Sector and Local Government Building (UK)
VFA.spendManager® Provides On-demand Spending Reconciliation of More Than $50 Million Across 15 Funding Sources in the United States Department of Defense Agency
BOSTON – July 13, 2010 – VFA, Inc., the leading provider of end-to-end solutions for facilities capital planning and spend management, today announced that the Armed Forces Medical Examiner Systems, a component of the Armed Forces Institute of Pathology (AFIP), has selected VFA.spendManager® to automate and manage the capital budget process. VFA.spendManager® will provide real-time data visibility and on-demand spending reconciliation of more than $50 million across 15 funding sources. AFIP is the Department of Defense entity that provides pathology consultation, education and research services to the military.
A lack of standardization in budget-related data makes it difficult for federal agencies to aggregate and track information across multiple funding sources. Providing enhanced control of capital planning and spending, VFA.spendManager® is helping three AFIP groups to improve efficiencies and increase the visibility of the expenditures across the organization, as well as to ensure that capital is being optimized and accurately accounting for how capital is managed and spent. Able to interface with the organization’s existing software and inventory systems, VFA.spendManager® now generates detailed reports across multiple funding sources for improved business intelligence reporting and analysis.
“VFA has helped numerous federal organizations to optimize their investments,” said Jerry Kokos, president and CEO, VFA, Inc. “The AFIP’s adoption of VFA.spendManager validates the solution’s core budget creation and management benefits—sending a clear message that government organizations are ready to implement solutions to optimize capital budgets and spending.”
New Features in VFA.facility® 9.5 Help Corporate, Education, Government and Healthcare Facilities to Prioritize Funding Decisions on “Green” Projects
BOSTON – July 12, 2010 VFA, Inc., the leading provider of end-to-end solutions for facilities capital planning and asset management, today announced the release of version 9.5 of its flagship software product, VFA.facility®, in the United States and Canada. This latest version enhances the green functionality of the software, making it easier for facility managers to identify new opportunities for increasing energy efficiency and water conservation within their building portfolios.
VFA.facility® provides a central database of facilities information along with sophisticated tools for capital planning and budgeting. The new features in version 9.5 make it easier for organizations to develop more robust budget strategies to help align sustainability with organizational objectives. Now, after establishing an initial baseline of energy and water utilization, these organizations will be able to track water and energy usage within their facilities, as well as compare costs of sustainable options with conventional solutions to inform capital planning decisions and help to prioritize funding decisions.
“VFA helps organizations plan, budget and fund sustainability projects within the context of facility capital planning,” said Susan Irving, director of product marketing at VFA. “Utility performance tracking in the new release of VFA.facility® enables customers to better understand which initiatives will assist them in meeting their goals.”
Facility Management Journal