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News & Events
FreeBalance Promotes Government Resource Planning (GRP) Shared Services at FMI PD Week 2011
Key conference theme: Shared services benefits for government financial management
Ottawa, Canada (November 22, 2011) – FreeBalance, a global Government Resource Planning (GRP) software company, will be advocating next generation shared services at the Financial Management Institute (FMI) of Canada Professional Development (PD) Week The annual conference at the Ottawa Convention Centre in Ottawa, Canada runs from November 22 to 25, 2011.
Next generation financial and human resources shared services information technology is designed to overcome the high cost and limited benefits associated with traditional approaches. Process standardization to reduce costs has been an elusive shared services goal. Standardization should reduce training, support and upgrading costs. Yet, experience in governments around the world shows that standardization can introduce inefficiencies and higher infrastructure cost. Next-generation Government Resource Planning technology overcomes the standardization problem through configuration and provides a viable option to governments looking to accelerate speed to savings. Visit the FreeBalance booth at FMI PD Week to learn more about GRP Shared Services and speed to savings.
Relevant presentations about shared services at FMI PD Week 2011 include:
“The FreeBalance Accountability Suite Version 7 was designed specifically to overcome government shared services challenges for financial and human resource management," said Manuel Pietra, President & CEO of FreeBalance. "Governments need to avoid “rust” when moving to private clouds. Unlike traditional approaches, Version 7 does not use legacy technology, while supporting multiple configurations and migration to standardization. "
Members of the FreeBalance team will be available throughout the conference to discuss FreeBalance web-based Government Resource Planning (GRP) solutions. The FreeBalance approach differs from traditional methods of deploying finance and human resources software in the following ways:
The FreeBalance Accountability Suite represents a significant technology leap forward. The suite has been optimized for rapid government deployment, operational effectiveness and performance. FreeBalance technology supports Web Services standards that enable departments and agencies to integrate with existing ERP, HR, and other government information systems.
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.