This weekly news update provides the Government Resource Planning (GRP) community with a brief overview of recent FreeBalance developments and relevant industry news.
Good Practices in Cash Management for Developing Country Governments
We’re seeing increased interest in cash management among developing country governments. There are very few Public Financial Management (PFM) ‘best practices’ yet many good practices that are better depending on the country context. Government Resource Planning Systems (GRP), often called Government Integrated Financial Management Information Systems (IFMIS), are used to enable cash management. This good practice document identifies how GRP enables effective cash management.
How Procurement Portals Improve Governance
A government procurement portal is a platform that allows web users access to information on public spending, procurement procedures (bidding processes), tenders and awards. Users are able to access the bidding documents and review the tender process to ensure that all bidding vendors had equal opportunity in the bidding process. Procurement portal is an example concept in open government, where the public has direct and interactive access to government expenditure information.
Is Open Source disrupting the Enterprise Software market?
Doug Hadden attended the Open Analytics Summit in DC. The notion that open analytics, especially in the realm of big data, is disrupting the enterprise software market was a major underlying theme. Of course, the conference was dominated by open source vendors, so this may not come as a surprise to you. But, it is very clear that open source is disrupting the “soft underbelly” of the EnSw market: middleware.