Press release

GTY Technology’s eCivis Supports Launch of Arizona’s New Public Assistance Express Pay Program

0
Sponsored by Businesswire

GTY Technology Holdings Inc. (Nasdaq:GTYH) (“GTY”), a leading provider of SaaS/Cloud solutions for the public sector, announced today that its Saas/cloud based grants management solution, eCivis has supported the launch of the State of Arizona’s new Public Assistance Express Pay Program. This program, managed by the state’s Department of Emergency and Military Affairs (DEMA), accelerates the delivery of COVID-19 related funding and public assistance to local governments, tribal communities, schools, nonprofit organizations, and houses of worship for FEMA-eligible projects related to COVID-19 response and recovery efforts.

Previously, along with many other states, some Arizona agencies had been operating with manual paper processes, which complicates grants management and can lead to a significant slowdown in getting funds out. DEMA is now automating the tracking and distribution of grants in eCivis’ centralized cloud system, Grants Network. The system will serve as a one-stop-shop for pass-through entities and sub-recipients of funding. The hope of the program is to expedite the timeline of reviewing, disbursing, and reimbursing grants from months to possibly as little as 5 business days.

Ultimately, by centralizing disbursement and tracking of funding through eCivis’ electronic grants-based system, Arizona can better ensure a single source of truth for tracking; data visualization and transparency to the public; and overall better grant programs and performance in these especially challenging times for Arizonans and the nation.

To learn more about Arizona’s Public Express Pay Program, or more about grants, cost allocation, and the professional services eCivis offers for state, local, tribal governments, and nonprofits, visit www.ecivis.com or read the blog here.

About eCivis

Since 2000, eCivis has been the most trusted and widely used SaaS grant management system by state, local, and tribal governments. eCivis helps thousands of government agencies maximize their grant revenues, track their financial and program performance, and prepare cost allocation plans and budgets. For more information, visit www.ecivis.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 provides government payment software to guide applicants through complex permitting and licensing procedures; 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 press 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) our ability to consummate any proposed transaction with respect to our previously announced review of strategic alternatives; (2) the lack of actionable alternatives that have been identified in connection with the strategic alternative review; (3) risks relating to the substantial costs and diversion of personnel’s attention and resources due to the strategic alternative review; (4) our failure to generate sufficient cash flow from our business to make payments on our debt; (5) our ability to raise or borrow funds on acceptable terms; (6) changes in applicable laws or regulations; (7) the possibility that the company may be adversely affected by other economic, business, and/or competitive factors; (8) the impact of the coronavirus outbreak, or similar global health concerns, on our operations and customer base, particular budgetary constraints on our municipal customers due to substantial emergency expenses; and (9) other risks and uncertainties included in the company’s Annual Report on Form 10-K for the year ended December 31, 2019 and subsequent filings made with the SEC. 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.