PRODUCTS
Product Information
CAPAce™ Software, a web-based enterprise class software application produced by CIPPlanner Corporation, is breaking new ground for municipalities and government agencies to fundamentally change the way they have planned and managed their Capital Budgets.
CAPAce™ Software provides a complete software application solution in managing the Capital Budgets on a real-time basis across the entire organization. The entire life cycle of the capital budgets for each capital project under the overall capital program, from initialization to completion, is managed under the CAPAce™ Software solution. All of the historical capital budget planning information, capital budget, budget forecasting and actual and encumbrance expenditures are managed by one single database.
CAPAce™ is modular in its design, consisting of 5 primary modules. This modularity enables customers to tailor the solution to their specific needs. CAPAce™ can be implemented in its entirety or in any subset of the modules offered. Our customers can elect to deploy a solution on a department by department basis or extend across multiple departments when desired.
The 5 Primary Modules are:
- Fund and Budget Capital Management
- Portfolio Management
- Decision Support and Reporting
- Workflow Engine
- Utility Management
Utilizing the CIPPlanner Workflow Engine, the CAPAce™ Software package can be tailored to match a variety of processes and needs of our customers, so that our customers do not have to change their processes to use our software. Authorized users may perform a variety of configurations on a web user interface to customize the software to fit their specific processes and needs. Examples of such customization features include:
- Set and manage unlimited planning cycles
- Establish planning horizon (1 to 20 years and can be easily extended)
- Configure multiple phases and processes for budget evaluation, ranking and filtering
- Define departments, project types, programs and many other dropdown list options
- Enable Smart Text™ and Custom Field Management features, which will be explained later in this document
- Control the time frame for working through certain processes or tasks. For example, the administrator may set up a start day and an end day for all program participants to submit their capital project proposals
- Classify and track expenditure and funding information in your own way as you define it for your specific program
The benefits to be realized from CAPAce™ would typically go directly to the "bottom line":
- Focus on Selecting and Defining the "Right" Capital Projects and Programs vs. Spending time, energy and labor trying to pull the data/information together
- Reduce Planning Process Cycle Time
- Optimize Capital Portfolio and Funds
- Prioritized spending plans and established contingency plans for operating budgets
- Multiyear financial plan in place that considers the affordability of actions or plans before they are part of the annual budget
- Manage the CPM and impact of Individual Capital Programs across multiple funding cycles and selection/definition of "New" Capital Programs
- Year-over-Year project coordination is inherent in the process
- Enable regular economic and revenue reviews to identify shortfalls early
- A pay-as-you-go financing strategy as part of the operating and capital budget
- POTENTIALLY IMPROVED BOND RATING