17/12/2024 | Press release | Distributed by Public on 17/12/2024 19:04
AI-Powered Policy Coverage Reaches Over 16,000 Local Governments & School Districts Across the Nation
WASHINGTON--(BUSINESS WIRE)-- FiscalNote Holdings, Inc. (NYSE: NOTE) ("FiscalNote"), a leading AI-driven enterprise SaaS technology provider of policy and global intelligence, today announced that the Company's award-winning, AI-driven local policy coverage has reached a new milestone, with the addition of its 5,000,000th (5 million) local policy document to its proprietary database, which covers more than 16,000 local governments and school districts across the U.S. and the industry's highest number of tracked localities in the nation.
Organizations of all types need to anticipate and understand what is happening in the thousands of local governments across the U.S., especially in light of the rapidly changing landscape. The 2024 national elections brought change not only to Washington, D.C. - with the onset of a new Trump Administration as well as a change of party control in the U.S. Senate - but also sweeping change at myriad other levels of government, including county, city, town, school district, and other municipal bodies. There are approximately 500,000 local officials - which is 96% of the elected or appointed lawmakers in the entire nation.
Local government officials are anticipating that a new cycle of active policymaking by the Trump Administration and U.S. Congress will have a direct and tangible impact on local entities - quickly impacting how municipalities enact, or challenge, these coming changes. In addition, as seen in prior years, newly elected and existing lawmakers at the local level will introduce their own agendas with a flurry of new budgets, statutes, ordinances, and codes. Taken together, this significantly impacts organizations and enterprises with a vested interest in understanding, monitoring, and aligning their objectives and goals with new local proposals and policies.
FiscalNote's award-winning, AI-powered SaaS platform is positioned to equip customers with a full toolkit of civic intelligence and monitoring services for the city, county, municipal, and school board levels of local government. Leveraging its proprietary AI technology to collect, process, interpret, sort and tag this vast range of unstructured data, FiscalNote:
"Organizations of all types face tremendous challenges in keeping pace with the dynamic landscape of government policies and regulations that can directly impact their operations and objectives," said Josh Resnik, President & Chief Operating Officer, FiscalNote. "This problem is magnified at the local level, where a single stakeholder might be responsible for monitoring critical issues across thousands of municipalities. Our AI-driven SaaS platform provides customers with immediate access to accurate policy information from thousands of local entities nationwide, and actively processes hundreds of thousands of documents in thousands of municipalities and school districts. This empowers customers to stay informed, take proactive action, and engage with key decision-makers effectively so they can influence positive outcomes benefitting their organizations. Our relentless focus on providing timely and actionable local policy intelligence is not only integral to enhancing our customers' ability to navigate policy complexities, but also plays a critical role in driving our growth and success. By equipping organizations with these insights and tools, FiscalNote enables them to operate efficiently, mitigate risks, and seize opportunities in rapidly changing policymaking environments - especially those following national and local elections."
About FiscalNote
FiscalNote (NYSE: NOTE) is a leader in policy and global intelligence. By uniquely combining data, technology, and insights, FiscalNote empowers customers to manage political and business risk. Since 2013, FiscalNote has pioneered technology that delivers critical insights and the tools to turn them into action. Home to CQ, Dragonfly, Oxford Analytica, VoterVoice, and many other industry-leading brands, FiscalNote serves thousands of customers worldwide with global offices in North America, Europe, Asia, and Australia. To learn more about FiscalNote and its family of brands, visit FiscalNote.com and follow @FiscalNote .
Source: FiscalNote
Media
Nicholas Graham
FiscalNote
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Investor Relations
Bob Burrows
FiscalNote
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