Government

The software of CostPerform has helped the Federal Student Aid, an office of the US Department of Education, with an Activity-Based Costing and Management (ABC/M) model. That cost model developed unit costs of processes and services delivered as part of the General Accounting Office requirements for a performance-based organization (PBO). The ABC model serves as the source for cost data, a platform on which to monitor key financial performance indicators and an input for the Presidents Management Agenda (performance management) requirements. Despite the challenges of model conversion, redesign and rollout took 5 months; developed clear and measurable total and unit costs of processes associated with each FSA loan program including origination, servicing, liquidation, and the various direct and indirect costs that comprise these processes.

The software of Costperform is also used by the U.S. General Services Administration and is certified and accredited by the Department of Homeland Security (DHS).