WASHINGTON--(BUSINESS WIRE)--FiscalNote, the Washington DC-based company that dramatically improves the way organizations engage with government, today announced three new strategic services to complement the company’s industry-leading Government Relationship Management (GRM) platform. The additions – spanning advisory and professional services – address longtime and emerging threats to businesses, and deepen the data and knowledge available to companies wrestling with greater uncertainty within competing regulatory and legislative jurisdictions.
“There is now unprecedented tension between national, state and local legislatures and regulators worldwide,” said Tim Hwang, FiscalNote CEO. “Mastering these unprecedented tensions requires deep, real-time data mining and expert analysis that has not previously been possible. So we’ll continue to lead the industry in creating both the proprietary analytics technology and expert advisory needed to give companies and organizations the knowledge and control they need to achieve their goals.”
The company’s services business – spanning Strategic Advisory, Professional Services and Client Success – has grown more than 800% in its first full year.
The additions also highlight the business-wide benefits of the FiscalNote GRM platform and have been shaped in conjunction with some of the company’s largest customers. The expanded services extend FiscalNote’s value beyond its traditional government-relations, legal and risk-management spheres into business development and other enterprise functions.
“It was a natural extension to start using FiscalNote’s Strategic Advisory Services to help us turn the information from their platform into actionable items and ultimately grow our business,” said Susan Young, Managing Director at TATE Global. “FiscalNote strategists have expanded our reach into new markets and opened doors that we weren't able to get to on our own. This wealth of experience, strategic vision and professionalism is the missing link we needed to propel our business to the next level."
TATE Global has been a FiscalNote customer since the company’s earliest days.
The new and expanded services include:
- The FiscalNote Advocacy MapTM. Mobilizing an entire corporation or organization staff is a powerful accelerant for change. The FiscalNote Advocacy Map automates the delivery of information, tools and analysis. It can be embedded in any Web page or portal and can be accessed without a special login. You specify which bills are visible via the FiscalNote GRM platform’s Watchlist tool, for centralized management.
- The FiscalNote Business Opportunity ServiceTM. Using the company’s proprietary data mining and industry-leading analytics, FiscalNote analysts can identify upcoming legislation and regulatory activity that could result in market expansion opportunities before the rulemaking reaches the earmarking phase of procurement. Clients receive a weekly report detailing specific opportunities.
- FiscalNote Local Government Action AnalysisTM. As municipal and county governments play an increasing role in regulating major and emerging businesses such as broadband service and self-driving cars, they are gaining influence over a growing number of business’ bottom lines. Yet information and insights at this level of government are notoriously difficult and costly to obtain. The FiscalNote GRM platform’s comprehensive data-mining and analytics technology feeds the company’s analysts who report weekly on actions taken by key local governments. Clients can specific both issues and municipalities tracked.
More information on FiscalNote’s advisory and professional services can be found here.
About FiscalNote GRM
FiscalNote created government relationship management (GRM) category a year ago with the first comprehensive engagement platform, services, and mobile application.
The platform is now the most effective tool for influencing Federal, state and local governments, delivering contextual insights via elegant workflow and outreach tools that support an enterprise-based approach to modern government affairs – and the entire system learns over time. The platform marries deep data mining and breakthrough machine-learning techniques.
More than 200 companies rely on FiscalNote GRM and its services. The platform automatically tracks and analyzes data on more than 1.5 million active pieces of legislation, 800,000 federal and state regulations, more than 19,000 legislators and their staffers, more than 10 million regulatory comments, more than 6,000 watch lists, and more than 125,000 individual entities. Data is automatically collected from more than 150 sources at least four times every day.
FiscalNote has reinvented influence – dramatically improving the way organizations build and manage their relationships with all levels of government, and empowering them to have maximum impact on legislation and regulation. The company has raised more than $30 million from prominent early-stage investors including Renren, First Round Capital, Green Visor Capital, MediaToday, NEA, Visionnaire Ventures, Steve Case, Mark Cuban and Jerry Yang/AME Cloud Ventures. More than 200 organizations use the company’s proprietary tools and services. The growing number of enterprise companies depending on FiscalNote – from startups through global multinationals – include Aetna, Akin Gump, Amazon, AstraZeneca, AT&T, Blue Cross Blue Shield, Bristol-Myers Squibb, DeVry Education Group, Dish Network, Expedia, Fidelity, Freddie Mac, HealthSouth, Illinois Tool Works, Intel, Johnson & Johnson, Kraft Foods, Microsoft, Pew Research, Sallie Mae, Salesforce, Schlumberger, Southwest Airlines, Staples, Tenet, Thomson Reuters, Walgreens and Whataburger. Non-profits and advocacy groups relying on FiscalNote include the American Society for the Prevention of Cruelty to Animals, Boys & Girls Clubs of America, Code.org, Consumer Technology Association, the Information Technology Industry Council, Natural Resources Defense Council, National Education Association, and the University of Virginia’s Law School.
FiscalNote is a World Economic Forum Technology Pioneer and CEO Tim Hwang is a WEF New Champion.