Growing Texas customer base implements
cloud-based solutions to improve citizen experience, save costs,
and streamline workflows
GTY Technology Holdings Inc. (Nasdaq: GTYH) (“GTY”), a leading
provider of cloud solutions for the public sector, announced today
that more than 150 government agencies and institutions of
education throughout Texas are working with five GTY subsidiaries,
Bonfire, CityBase, eCivis, OpenCounter and Questica, to support
digital transformation and modernization efforts.
“We are honored to work closely with a growing list of customers
throughout the state of Texas, ensuring they have access to the
information and systems they need to work and live, especially
during this incredibly difficult, ongoing health crisis,” said TJ
Parass, CEO and President of GTY Technology. “Texas is a recognized
digital innovation hub and we are excited to continue modernizing
the services that matter most to its citizens.”
Bonfire, a leader in strategic sourcing and procurement
software for the public sector, is now supporting 70 public sector
clients including 26 school districts, 21 municipalities, 14
special districts including state agencies, and 8 institutions of
higher education. Its scalable solutions are enabling smarter
spending throughout the state, and allowing organizations to secure
resources and services that better serve Texas citizens.
CityBase, a leading provider of government and utility
payment technology, has been selected by the City of Austin, TX, to
consolidate disparate legacy payment systems into one unified,
cloud-based platform that will power payments across city
departments. The new payment technology will help the city achieve
cost savings on PCI compliance management, reduce workloads for
city staff by automating the formerly manual and cumbersome
reconciliation process, as well as improve the digital experience
for its constituents. The cloud-based, API-driven platform will be
available to Austin residents in the second half of 2021.
eCivis, the most widely used SaaS-based grants management
solution for state, local and tribal governments, is now supporting
33 cities, counties and higher education institutions and
non-profits, including the Department of State Health Services,
within the state of Texas. The company’s trusted grants management
and cost allocation software and services are helping organizations
throughout the state digitize and simplify the entire grants
process to better support the impact of grants on its communities,
specifically regarding grant funding received in response to the
COVID-19 pandemic. eCivis provides full lifecycle grants management
software and services which include audit and compliance
automation, data management and reporting, workflow automation and
cost recovery solutions.
OpenCounter, a leading provider of public sector
permitting technology, is supporting the City of Fort Worth, TX
with the digital transformation of its zoning, permitting and
licensing services. OpenCounter’s online solution, which the city
calls CFW Permit Assist, is now available to residents 24/7 on any
device connected to the internet. The new technology will help
alleviate repetitive questions for city staff, who field more than
200,000 in-person zoning, permitting and licensing inquiries
annually. Additionally, it improves the citizen experience,
especially during COVID-19, by providing faster, safer,
self-service options.
Questica, a leading public sector budgeting solutions
provider, is supporting 48 customers in Texas with Questica Budget
and PowerPlan solutions. With Questica’s advanced, cloud-based
budgeting software, 16 local governments and 32 nonprofit
organizations throughout the state have modernized their budgeting
process, replacing outdated and manually-intensive legacy systems.
As a result, these organizations now have access to a centralized
location for their data, allowing their finance teams to operate
more efficiently and make more informed data-driven decisions for
constituents.
For more information about GTY Technology, the GTY family of
companies, or investment opportunities, visit
www.gtytechnology.com.
About GTY Technology Holdings Inc.
GTY Technology Holdings Inc. (NASDAQ: GTYH) (“GTY”) brings
leading public sector technology companies together to achieve a
new standard in stakeholder engagement and resource management.
Through its six business units, GTY offers an intuitive cloud-based
suite of solutions for state and local governments, education
institutions, and healthcare organizations spanning functions in
procurement, payments, grant management, budgeting, and permitting:
Bonfire provides strategic sourcing and procurement software to
enable confident and compliant spending decisions; CityBase
provides government payment solutions to connect constituents with
utilities and government agencies; eCivis offers a grant management
system to maximize grant revenues and track performance;
OpenCounter builds permitting and licensing software to streamline
interactions between applicants and staff; Questica offers budget
preparation and management software to deliver on financial and
non-financial strategic objectives; Sherpa provides public sector
budgeting software and consulting services.
Forward-Looking Statements
This release includes “forward-looking statements” within the
meaning of the “safe harbor” provisions of the Private Securities
Litigation Reform Act of 1995. The company’s actual results may
differ from its expectations, estimates and projections and,
consequently, you should not rely on these forward-looking
statements as predictions of future events. Words such as “expect,”
“estimate,” “project,” “budget,” “forecast,” “anticipate,”
“intend,” “plan,” “may,” “will,” “could,” “should,” “believes,”
“predicts,” “potential,” “continue” and similar expressions are
intended to identify such forward-looking statements. These
forward-looking statements include, without limitation, the
company’s expectations with respect to future performance. These
forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from the expected results. Most of these factors are
outside of the company’s control and are difficult to predict.
Factors that may cause such differences include, but are not
limited to: (1) the impact of the COVID-19 pandemic, or other
public health crises, on our operations, our customers and the
economy; (2) the risk that the ongoing integration of the
businesses acquired in our business combination disrupts current
plans and operations; (3) the ability to recognize the anticipated
benefits of the business combination, which may be affected by,
among other things, competition, the ability of the combined
company to grow and manage growth profitably and retain its key
employees; (4) our failure to generate sufficient cash flow from
our business to make payments on our debt; (5) changes in
applicable laws or regulations; (6) the possibility that the
company may be adversely affected by other economic, business or
competitive factors; and (7) other risks and uncertainties included
in our Annual Report on Form 10-K for the year ended December 31,
2020 and our subsequent filings with the Securities and Exchange
Commission. We caution you that the foregoing list of factors is
not exclusive, and readers should not place undue reliance upon any
forward-looking statements, which speak only as of the date made.
We do not undertake or accept any obligation or undertaking to
release publicly any updates or revisions to any forward-looking
statements to reflect any change in our expectations or any change
in events, conditions or circumstances on which any such statement
is based.
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version on businesswire.com: https://www.businesswire.com/news/home/20210511005302/en/
Kate Nesbitt Alloy Communications for GTY Technology
kate@helloalloy.com 240-630-2653
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