FreeBalance to Discuss Procurement Modernization and Performance at 7th Annual Conference on Government Procurement

Knowledge and information sharing about progress in government procurement central themes of the 2011 Inter-American Network on Government Procurement (INGP) conference

Ottawa, Canada (19 October 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, is pleased to announce attendance at the Inter-American Network on Government Procurement (INGP) conference. This event will be held in Santo Domingo, Dominican Republic, 18 to 19 October 2011. Information and Communications Technology (ICT) to modernize public procurement and institutional capacity are among the important themes of the conference. Previous conferences have taken place in Lima (2010), Mexico City (2009), Panama (2008), Paraguay (2007), Lima (2006), Atlanta (2005) and Vancouver (2004).

"We look forward to meeting delegates at the INGP conference to share government procurement transparency and modernization experiences needs in the Americas," said Manuel Pietra, President & CEO at FreeBalance. "FreeBalance GRP solutions improve procurement effectiveness through tight controls, and transparent processes that encourages competition and fiscal discipline."

The FreeBalance Accountability Suite offers a pure web-based platform that has been optimized for rapid government deployment and operational effectiveness. The Public Expenditure Management (PEM) modules integrate with budget controls, appropriations and cash management. Comprehensive procurement and purchasing cycles are adaptable to national procurement laws. The FreeBalance e-Procurement portal integrates seamlessly with back-office systems to maintain controls. Value for money is achieved through increased competition and transparency. The FreeBalance Government Resource Planning solution covers the entire budget cycle including financial and human resources transparency to improve governance and trust.

The FreeBalance Accountability Suite was designed for emerging economies through the support of reform and modernization. Parameters are used to configure modules to meet government needs. These parameters can be changed to reflect modernization, improvements in human capacity and changes in national law. This progressive activation makes the fully web-based FreeBalance GRP solution ideal for growing economies.

About FreeBalance
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. FreeBalance solutions are active in 19 countries managing more than a quarter trillion ($US) in annual budgets worldwide. For more information, visit www.freebalance.com.

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