FiscalNote Achieves Milestone in Local Legal Coverage
FiscalNote Holdings, Inc. (NYSE: NOTE) recently announced a significant achievement in its mission to provide comprehensive local policy and regulatory coverage. The company now boasts over 5 million local policy documents in its proprietary database. This milestone highlights FiscalNote's commitment to delivering exceptional service to its clients, covering more than 16,000 local governments and school districts across the nation.
Importance of Monitoring Local Government
Organizations across various sectors must stay informed about legislative changes happening at the local level. With the shifting political landscape, particularly with evolving policies from the national government, local governments are poised to play an even more crucial role. The United States has approximately 500,000 local officials, making up over 96% of the elected or appointed lawmakers in the country.
Impacts of New Policies
Local governments are gearing up for a lively cycle of policymaking, with anticipated changes from federal administration influencing local jurisdictions. Organizations need to prepare for these changes as new lawmakers at the local level propose fresh budgets, statutes, and ordinances. This dynamic is crucial for companies that must understand local policies to align their strategies accordingly.
FiscalNote’s Comprehensive Solutions
The AI-powered SaaS platform from FiscalNote is designed to meet these growing needs. By providing a robust toolkit of civic intelligence services, the platform helps clients to monitor critical local government activities. Utilizing advanced technology, FiscalNote processes vast amounts of unstructured data, enhancing its ability to keep its users informed.
Expanded Coverage and Resources
FiscalNote has significantly broadened its coverage, extending to over 16,000 local entities including counties, cities, towns, and regional commissions. The company has also developed a vast database of over 100,000 local government contacts, enabling clients to engage more effectively with decision-makers.
Real-Time Insights for Organizations
With the ability to track meeting minutes and agendas from over 12,000 municipalities and more than 4,000 school districts, FiscalNote provides critical insights that empower clients to take timely actions. The company scans around 600,000 documents weekly from local governing bodies, ensuring that organizations can respond promptly to policy discussions.
Tools for Decision Making
FiscalNote offers a custom SaaS-based dashboard along with daily reports, designed to streamline information access for government relations professionals. This not only saves time but also eliminates manual processes, allowing organizations to stay ahead of local policy changes.
"Organizations must navigate a complex web of governmental policies that can dramatically impact their operations," stated Josh Resnik, President & Chief Operating Officer of FiscalNote. "Our platform equips users with prompt access to vital information from numerous local entities. By processing a high volume of documents, we enable effective engagement with key local officials, ensuring our clients can drive positive outcomes amidst evolving regulations. Our relentless focus on timely and actionable intelligence is critical for helping organizations mitigate risks and capitalize on fresh opportunities following new elections."
About FiscalNote
FiscalNote (NYSE: NOTE) is recognized as a leading figure in the realm of policy and global intelligence. By integrating data, technology, and insights, the company empowers clients to navigate political and business risks effectively. Established in 2013, FiscalNote has revolutionized the way organizations access and utilize critical insights. With a diverse portfolio that includes brands like CQ and Dragonfly, the company serves a vast array of clients globally, promoting informed decision-making through its innovative tools.
Frequently Asked Questions
What is the latest milestone achieved by FiscalNote?
FiscalNote has recently surpassed 5 million policy documents in its proprietary database, enhancing its local government coverage.
How does FiscalNote support organizations?
FiscalNote provides tools and insights that enable organizations to monitor local policies, engage with decision-makers, and adapt their strategies effectively.
What types of local entities does FiscalNote cover?
FiscalNote tracks over 16,000 local entities, including counties, cities, towns, and school districts across the U.S.
What is the frequency of document scanning?
The platform scans approximately 600,000 documents each week from local governing bodies to ensure timely insights.
What additional services does FiscalNote offer?
FiscalNote provides a custom SaaS dashboard and daily reports to streamline monitoring of local policy issues for its users.
