Enterprise Solutions
We have extensive experience and subject matter expertise in supporting and providing enterprise wide innovative solutions to the Federal Government in the following key initiatives:
- Improper Federal Payments Reduction
- Grants Management
- Asset Management
Improper Federal Payments Reduction
"Improper payments" occur when funds go to the wrong recipient, the recipient receives the incorrect amount of funds (including overpayments and underpayments), documentation is not available to support a payment, or the recipient uses funds in an improper manner. In fiscal year 2009, federal government outlays totaled $3.5 trillion. Improper payments totaled $110 billion in FY 2009 (Source: http://paymentaccuracy.gov/).Cloud Nine Technologies Inc. has been actively working with the Department of Housing and Urban Development (HUD) in the architecture, design and development of an award-winning Enterprise Income Verification (EIV) system to reduce the improper payments in HUD’s rental housing assistance programs for eligible low-income families, elders and persons with disabilities. Through increased efficiency and accuracy in the income and rent determinations, the system assures the participation of eligible families and assists HUD in meeting the target improper payment rates in its rental housing assistance programs.
Grants Management
A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States. Federal grant agencies have various types of grant programs defined with tailored grants management processes for the pre-award through the closeout stages of the corresponding grant program.Cloud Nine Technologies Inc. has a strong understanding and experience working with the grants management lifecycle processes associated with formula as well as competitive grants. We have been actively involved in the architecture, design and development of an enterprise-wide grants management system. The system provides an end-to-end solution for the various stages (pre-award, award, post-award and close-out) of the grants management lifecycle processes starting from intake of grant applications tailored for the corresponding grant program through the funds administration processes for monitoring the grant program. The system interfaces with Grants.gov for the intake of competitive grant applications.