PHILADELPHIA – February 8, 2018: PFM announced today the City of Richmond, California recently signed a Whitebirch 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 Whitebirch 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).
Whitebirch 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
About PFM Solutions:
PFM Solutions LLC focuses exclusively on developing and delivering best‐of‐breed financial modeling technology and services to public and private markets. Our professionals have a 10‐year track record of helping clients with mission critical decision‐making. For more information about the Whitebirch Multi-Year Planning for Local Government solution, contact Sunny Chun or visit Whitebirch Software.
At PFM, over 600 employees - asset managers, financial advisors and consultants - partner with clients in every region of the country to transform their world. We combine superior financial advice, disciplined management and ingenuity to build, power, move, and educate.
PFM is the marketing name for a group of affiliated companies providing a range of services. All services are provided through separate agreements with each company. This material is for general information purposes only and is not intended to provide specific advice or a specific recommendation.
For more information regarding PFM’s services or entities, please visit www.pfm.com. For important disclosure information please, visit www.pfm.com/disclosures.