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FreeBalance International Steering Committee (FISC) Elects New Chair at Annual Meeting in Czech Republic

Treasury Director from the Ministry of Finance & Economy in Kosovo becomes new FISC chair

The FreeBalance International Steering Committee, sponsored by FreeBalance, is an independently operated organization that meets annually and discusses issues through conference calls each quarter. FISC provides an interactive forum for the exchange of knowledge, ideas, and experiences among FreeBalance international customers. The FISC provides public sector thought leadership and product vision to direct FreeBalance solutions. Decisions and guidance from the FISC have a direct impact on the FreeBalance product roadmap and help ensure alignment between customer goals and objectives and FreeBalance product priorities and initiatives. The 2009 FreeBalance International Steering Committee meetings in Prague, Czech Republic focused on new technology and system sustainability. Previous FISC events were held in Cascais, Portugal (2008) and in London, United Kingdom (2007).

“I am honoured to accept the position of Chair of the FreeBalance International Steering Committee and to have been recognized by such a distinguished group of my peers,” said Lulzim Ismajli, Treasury Director, Ministry of Finance & Economy, Government of Kosovo. “The FISC plays an important role in ensuring that FreeBalance products and services continue to reflect the public financial management realities of a diverse group of international customers.”

The FISC complements the Government of Canada Cluster (GCC). The GCC is an independent organization managed by Consulting and Audit Canada (CAC), a federal government organization working to improve public sector management and operations in Canada and abroad. The GCC consists of FreeBalance customers in the federal government of Canada and the government of Nunavut, a Canadian territory. The Cluster meets regularly with special committees assisting specific product initiatives. FreeBalance works closely with the FreeBalance Government of Canada Cluster to set product directions, review product specifications, provide beta testing and certify new versions of the FreeBalance Accountability Suite.

“FreeBalance is committed to working with customers around the world in support of a shared vision for public financial management and good governance,” said Manuel Pietra, President & CEO of FreeBalance. “Customer-driven initiatives like the FreeBalance International Steering Committee and the FreeBalance Cluster Group in Canada play a vital role in the evolution of our company and support a collective approach to fiscal reform and government accountability.”

About FreeBalance

FreeBalance is a global provider of software solutions for public financial management. Public Financial Management is an essential part of the international development process. FreeBalance solutions support government modernization, fiscal decentralization, and public finance reform. Founded in 1984, FreeBalance is headquartered in Ottawa, Canada with offices in Europe and the Americas.

The FreeBalance Accountability Suite is a commercial off-the-shelf integrated financial management information system. The software has been designed specifically for government financial management. This design enables quick software configuration to government requirements and rapid implementation across all levels of government. This government-specific functionality includes international standards, commitment accounting, and budgetary controls.

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