Looking to increase the speed and security of Federal Emergency Management Agency reimbursements, Deloitte is teaming up with Ava Labs to empower grant makers and funding recipients with a decentralized, transparent system that gathers and processes federal disaster claims. The partners are looking to decrease the burden of an extensive claims process.
Developed with the input and insight of first responders, public works departments, finance authorities and grant-making agencies, the new Close As You Go™ (CAYG) platform helps state and local government officials simplify and streamline disaster reimbursement applications to the Federal Emergency Management Agency (FEMA).
“When disaster strikes a community, state and local officials must act swiftly and deliberately to respond,” said Alex Haseley, principal, Deloitte & Touche LLP and Deloitte’s government and public services crisis management portfolio leader. “Our new Close As You Go platform can play a critical role in helping these leaders be prepared to aggregate and validate the documentation necessary to demonstrate eligibility for funding and reduce the risk of adverse audit findings down the road.”
Using the Avalanche blockchain, CAYG’s cloud-based platform provides state and local officials with a decentralized, transparent and cost-efficient system that empowers both grant makers and funding recipients while minimizing fraud, waste and abuse.
The secure environment provided by Avalanche’s blockchain technology quickly gathers, processes and authenticates required documentation, ultimately improving the accuracy of federal disaster claims. Avalanche is also an eco-friendly platform, which aligns with Deloitte’s commitment to green technology.
“Close As You Go features a user-friendly interface backed by the cutting edge of blockchains, helping state and local governments focus on their recovery, rather than extensive claims processes,” said John Wu, president of Ava Labs. “We’re proud to work closely with Deloitte to offer this new, secure and beneficial technology for communities across the country.”
Key CAYG capabilities include:
- Streamlining recovery efforts by organizing the documentation needed to demonstrate eligibility for reimbursement in near real-time.
See here for more information about Close As You Go.