Activity-based costing specialist ALG Software Inc said it has experienced a windfall of new clients in the US government sector this year.
The Atlanta, Georgia-based company, which was founded as Armstrong Laing Group in 1990, said that ten new government sectors, including the SEC, Naval and USDA agencies, have bought its enterprise performance optimization (EPO) software.
ALG said that government clients are using the software to support activities like performance-based budgeting, activity-based costing, and managerial cost accounting.
EPO includes predictive planning, activity analysis using its own proprietary OLAP engine, and scorecarding capabilities.
ALG officials said that government is now the company’s strongest growing sector right now. Last year ALG grew its software sales by an impressive 35%.
Government agencies have requirements for performance management that are as demanding, if not more demanding, than the private sector, said Frederic Laluyaux, senior vice president of operations for ALG Software.