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News & Events
FreeBalance Wins 2009 Canada Export Achievement Award
Award celebrates the spirit and strategies of Canadian enterprise success in foreign marketsOttawa, Canada(November 26, 2009) - FreeBalance, a For Profit Social Enterprise (FOPSE) software company that helps governments around the world to leverage robust Government Resource Planning (GRP) technology to accelerate country growth, is pleased to announce that the company has won the 2009 Canada Export Achievement Award for the Ontario region. The Canada Export Achievement Awards are a joint venture of Export Development Canada and PROFIT Magazine.
The Canada Export Achievement Award program recognizes and celebrates the export achievements of successful Canadian small-to-medium-sized enterprises (SMEs), and is intended to inspire and encourage other Canadian companies to expand internationally. The awards are also meant to identify best exporting practices that other companies can adopt in their own efforts to globalize their sales and production.
“This award is a reflection of the difference that FreeBalance is making in the world and our commitment to ensuring success and sustainability in each and every customer country,” said Manuel Pietra, President & CEO of FreeBalance. “Governments around the world are undertaking significant public sector reform and modernization initiatives to support accountability, transparency and country growth. We are proud to be a part of this process.”
In 2006, President & Chief Executive Officer Manuel Pietra brought international experience to FreeBalance and introduced a new management team. FreeBalance was restructured into a global customer-centric company with a focus on government financial sustainability. The company added new customers in Canada, Pakistan, Palestine, and Uganda and developed a unique approach to involve customers in the product development process. FreeBalance customers have also acquired new modules to support decentralization and the modernization of public financial management.
With the introduction of a new business strategy and management approach, FreeBalance is growing at a rate of 18-20% per year. FreeBalance Government Resource Planning (GRP) solutions are now used by over 25,000 civil servants in Canada and over 35,000 civil servants internationally. FreeBalance software solutions are being used to manage a global workforce of nearly 1.5 million civil servants and a quarter trillion dollars in annual budgets worldwide. The FreeBalance Accountability Suite has now been implemented in 18 countries across 15 different time zones and in more than 200 government entities at the national and sub-national level.
FreeBalance is headquartered in Ottawa, Canada, with sales and support offices in Washington, DC (United States), Lima (Peru), Lisbon (Portugal), London (Great Britain), Pristina (Kosovo) and St. John (Antigua and Barbuda). FreeBalance solutions have been implemented in countries across the globe, including Canada, United States, Sierra Leone, Guyana, Pakistan, Mongolia, Afghanistan, Antigua & Barbuda, Timor-Leste, Republic of Kosovo and Panama.