PHILADELPHIA – February 8, 2018: PFM announced today the City of Richmond, California recently signed a Synario subscription agreement. The city is located in the East Bay region of the San Francisco Bay Area with a population of approximately 110,000.
The City will use the Synario platform to develop a plan to pay for increased pension costs and to forecast the impacts of this plan. They will also use the platform to analyze labor contract negotiations and reduced limited-term revenues (sales tax sunset, UUT settlement payments).
Synario Multi-Year Planning for Local Government delivers to CFOs, finance directors and finance teams the ability to isolate and analyze threats and opportunities in their financial future.
Additional highlights of the service include:
- Delivered in the Cloud – no hardware or software to maintain
- Built for Collaboration – version control issues are completely eliminated
- Easy to Implement – average time to “go live” is 2-4 weeks
- Best Practice Approach – leverages PFM’s long history helping local governments solve budget and finance challenges