Friday evening, President Barack Obama signed S. 994, commonly known as the Digital Accountability and Transparency (DATA) Act.
After unanimous approval by both the Senate and the House of Representatives, the bill’s signing marks a giant step forward for government transparency, opening up federal spending data that was once locked behind disparate systems and formats.
A high-level overview is as follows:
Streamlink has found that only 22% of nonprofits are “very confident’ in their organization’s understanding of changing funding requirements. Proper technology use ensures your organization has the necessary infrastructure to abide by new rules and regulations.
Streamlink’s grant management software, AmpliFund, was used in the initial pilot project that tested the feasibility of grant reporting standardization across government agencies. Schedule a demo to learn how it can help you meet DATA Act requirements.