Ideal Customer Profile - Governments

As a Tangicloud Fundamentals Partner, you have the opportunity to tap into a significant market for fund accounting solutions in the government sector. With over 19 million people employed across federal, state, and local government agencies, there is a high demand for software solutions that can simplify the management of public funds. The US government alone employs over 2.7 million civilian workers at the federal level and spends over $4 trillion annually on a wide range of goods and services, including fund accounting software solutions. State and local governments also have significant budgets for fund accounting services, with state budgets totaling $2.1 trillion and local government budgets totaling $1.9 trillion in 2020.

The need for fund accounting solutions is especially important in the government sector, where compliance, auditing, and financial management are critical components of public financial management. Government contracts can be highly lucrative for fund accounting solution providers, with opportunities for long-term contracts and recurring revenue streams. The geographic distribution of government employees across the country provides opportunities for fund accounting solution providers to serve clients in a variety of locations.

As the government continues to implement new regulations and compliance requirements, the demand for fund accounting solutions is likely to increase, creating a growing market opportunity for Tangicloud Fundamentals Partners that can meet these needs. By positioning your product as a solution that can help government agencies meet these critical needs, you can tap into this market and build long-term relationships with government clients.