DebtBook, a leading provider of treasury and accounting software for government and nonprofit finance teams, announced that the Commonwealth of Pennsylvania (“the Commonwealth”) has selected its Debt Management solution, including Debt Accounting and Sizing tools, to streamline debt management, simplify year-end reporting, and support long-term financial planning.
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By adopting DebtBook’s integrated debt accounting capabilities, the Commonwealth aims to modernize key reporting workflows and to improve financial operations. DebtBook’s Sizing functionality will also support the Commonwealth’s strategic planning around future issuances, allowing finance teams to structure debt more effectively and evaluate borrowing scenarios in real time.
“We’re proud to partner with the Commonwealth of Pennsylvania and support their team in advancing critical services for residents across the state through a more strategic and streamlined approach to debt management,” said Tyler Traudt, CEO and Co-Founder of DebtBook. “By leveraging DebtBook, the Commonwealth is strengthening its financial operations and building a strong foundation for future planning.”
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