Ottawa, Canada (June 7, 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, today announced it will be participating and presenting at the Aid & International Development Forum (AIDF) 2011. AIDF is a world leading forum for humanitarian relief professionals. AIDF focuses on aid effectiveness. The forum takes place from June 8-9 2011 at the Walter E Washington Convention Center in Washington D.C. To learn more about FreeBalance, visit booth # 311.
"FreeBalance has developed good practices in Public Financial Management (PFM) transparency for post-conflict and emerging countries that we will share with AIDF attendees," said Doug Hadden, FreeBalance Vice President Products. "PFM automation helps countries more effectively manage aid and sustain growth through built-in accountability functions.”
The FreeBalance Accountability Suite is a Government Resource Planning (GRP) solution supporting transparency and accountability. FreeBalance solutions for governments and external aid projects and funds simplify administration and reduce transaction costs for government or private organizations managing aid projects. The FreeBalance Accountability Suite automates reporting to donors, project finance management, and project performance management. The FreeBalance solution operates in developing nations around the world, including low-capacity countries, and providing effective donor reporting that meets international standards.
FreeBalance is 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. FreeBalance software manages more than a quarter trillion ($US) annual budgets worldwide. More than 70,000 users around the world use FreeBalance software to manage a global civil service workforce of 1,500,000.
Attended by decision-makers from UN, NGOs, Government and intergovernmental organizations involved in the delivery of aid relief and development programs, AIDF which is now in it 11th year, provides a unique platform to build relations, address aid delivery issues and discuss development challenges. More at www.aidforumonline.org.
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.