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About Balancing Act

Balancing Act is a planning software from Polco that assists organizations in managing their budget priorities. It provides features such as visual scenario modeling, community engagement tools, and data-driven insights so users can make informed financial decisions. The platform allows users to create simulations that illustrate the impact of budget changes, facilitating discussions and transparent engagement with stakeholders. Designed to simplify complex budget conversations, it supports collaboration among team members and the community. Key capabilities: visual scenario modeling community engagement tools data-driven insights budget simulations stakeholder collaboration Best for: public sector agencies and organizations that need to effectively prioritize budget allocations and improve community involvement in financial decisions.

Balancing Act Details

Vendor
Polco
Year Launched
1998
Location
7897 E 24th Ave, Denver, Colorado 80238, US
Deployment
cloud
Training Options
documentation, live online
Countries Served
All Countries
Languages
English, Spanish, French, German, Italian, Portuguese, Dutch, Russian, Japanese, Chinese, Korean.
Users
Administrator, Financial Analyst, Budget Manager, City Manager, Data Analyst.
Industries Served
Government Administration
Tags
government

Balancing Act's In-App Market Place

Does Balancing Act have an in-app market place?

Yes

How many Mini-Apps in the marketplace?

1

Mini Apps

N/A

Pricing Options

Free trial
Free version
Request a quote
Promo Offer

Accepted Payment Currencies

USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CNY (¥), INR (₹), BRL (R$), MXN (Mex$), RUB (₽), KRW (₩), ZAR (R), NZD (NZ$), CHF (CHF), SGD (S$), SEK (kr), NOK (kr)

Pros & Cons

  • Budget Simulation forces residents to experience real-world financial constraints accurately.
  • Taxpayer Receipt app transparently connects individual taxes paid to government service allocations.
  • Prioritize tool gathers nuanced preference data beyond simple voting or survey methods.
  • Multi-topic focus (Budget, Housing, Climate) makes the platform highly versatile for governments.
  • Educates residents, leading to higher quality, more informed input for leaders.
  • Implementation requires the government to be fully transparent with its financial data.
  • Simulation output requires careful analysis by government staff to translate into policy.
  • Prioritize tool's complexity (selection and ranking) might confuse some users initially.
  • Pricing details are not provided publicly and must be requested via demo.
  • The platform's effectiveness depends on a government's commitment to participation.

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