FreeBalance Promotes Government Resource Planning (GRP) Shared Services at 24th Annual Public Sector Management Workshop
2011 FMI workshop to explore "Integrity, Innovation, and Intelligence" theme
Ottawa, Canada (June 13, 2011) – 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, will be presenting and exhibiting at the Financial Management Institute (FMI) of Canada Public Sector Management Workshop (PSMW) 2011. The PSMW Workshop will be held in Edmonton, Alberta from June 12-14, 2011. The PSMW event complements the FMI national development program and emphasizes local and regional themes with a hands-on approach. Experts in public sector management will share innovations and identify challenges and issues in the government financial management community.
Doug Hadden, Vice President, Products at FreeBalance will present "We can’t get there from here: Shared Services Technical Migration and Governance" on Tuesday, June 14, 1:15-2:00 p.m. in Salon 12. This presentation describes how to migrate from departmental budget, financial and human resources to a centralized shared service. It will also discuss unique departmental needs and roadmap to compliance, and lessons learned in shared services initiatives and proper governance structure. Attend the presentation or visit FreeBalance at booth #8 to learn more.
"The PSMW 2011 theme is well aligned with the FreeBalance vision of using GRP shared services to achieve efficiencies and improve service delivery," said Manuel Pietra, President & CEO of FreeBalance. "The FreeBalance Accountability Suite Version 7 has been designed specifically to overcome government shared services challenges. This innovative technology covers the entire budget cycle including budget preparation, budget execution and civil service management."
The FreeBalance Accountability Suite Version 7 supports hosted GRP Shared Services. Governments can host GRP functionality centrally, leverage private sector hosting facilities and integrate centrally and self hosted applications. Benefits of FreeBalance GRP Shared Services include:
- Mission: optimize mission effectiveness through agile deployments, consistent citizen-facing systems, ease of reform and modernization
- Consolidation: optimize systems costs by eliminating duplication, reducing power consumption, centralizing management
- Predictability: optimize change and compliance costs through standardization, simple cost and growth models, improved security, controls and disaster recovery
The FreeBalance Accountability Suite is one of the most widely deployed financial management systems inside the Government of Canada. More than 50 government departments and agencies use FreeBalance software for enhanced public financial management. FreeBalance software manages more than 50 billion ($CAD) annual budgets within the Government of Canada. More than 25,000 users in Canada use FreeBalance software to manage a workforce of over 125,000.
FreeBalance is also active in 19 countries, including Antigua & Barbuda, Afghanistan, Canada, Iraq, Kosovo, Kyrgyz Republic, Liberia, Mongolia, Namibia, Pakistan, Sierra Leone, Southern Sudan, Timor-Leste, and Uganda among others.
About the Financial Management Institute of Canada
The Financial Management Institute of Canada (fmi*igf) is a nationally recognized, not-for-profit volunteer association, founded in 1962. What started out as a small group of senior federal government accountants meeting around a lunch table to discuss issues of financial management and the role of financial advisors within government has grown to thousands of members, both within and outside the public sector, all working to improve the financial management of all levels of government across Canada. For more information, visit www.fmi.ca.
FreeBalance helps governments around the world leverage robust Government Resource Planning (GRP) technology to accelerate country growth. FreeBalance software solutions for public financial and human resource management support reform and modernization to improve governance, transparency and accountability. Good governance is required to improve development results. For more information, visit www.freebalance.com.