This weekly news update provides the Government Resource Planning (GRP) community with a brief overview of recent FreeBalance developments and relevant industry news.
What do we care about at FreeBalance?
FreeBalance is very passionate about improving government effectiveness to spur growth and reduce poverty. We believe that our Government Resource Planning (GRP) software and implementation methodologies help governments achieve goals. And, we focus on how we can improve the software and methodologies further. We are passionate about these goals. And, we share what we learn to the broader PFM community.
Country-Led Reform: the Fragile State Context and example of Timor-Leste
There is a fascinating speech from Emilia Pires, the Minister of Finance from Timor-Leste held at the Australian National University. Timor-Leste is a FreeBalance customer and user of our Government Resource Planning (GRP) software. Minister Pires describes the conditions facing Timor-Leste on independence and lessons learned. She describes the "new deal for engagement in fragile states." It’s interesting how much her experience in putting policy to practice echoes the work of Matt Andrews.
How Can Government Resource Planning (GRP) Software Automate Good Governance?
FreeBalance released a white paper describing how technology can assist governance reform in developing nation and emerging economy governments. The white paper was launched at the 27th Annual International Training Conference of the International Consortium on Governmental Financial Management (ICGFM) in Miami. The Automated Good Governance white paper consists of a framework with use cases.
Government Financial Management: Build vs. Buy Dilemma – The 3rd Option
We’ve been noticing the trend of high failure rates in government Financial Management Information Systems (FMIS) world-wide. Most governments use Commercial-Off-The-Shelf (COTS) software, yet there are regions where the choice is for bespoke systems. Experts in the field remain on the fence when it comes to the most sustainable choice for governments. The problem seems to be that build vs. buy ERP in government is often a choice between two evils.
Latin American Government Financial Software Trends
A FreeBalance team attended an Inter-American Development Bank workshop: International Workshop on Public Financial Management for IFMIS Coordinators. [Presentations are located on that web page and my Storify version of tweets during the event are below.] We prefer the term "Government Resource Planning" (GRP) to "Integrated Financial Management Information Systems" (IFMIS). Nevertheless, IFMIS (SIAF in Spanish) is the term most often used among International Financial Institutions.