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Good Practices & White Papers

FreeBalance is a leader in public financial management and government resource planning. The following good practices and white papers are based on government PFM case studies and other topics relevant to government accountability, transparency, good governance for government 2.0.

FreeBalance is often a guest speaker or panel member at public financial management conferences around the world. We have also provided a selection of FreeBalance presentations that have been delivered at these high-profile events.

Good Practices

FreeBalance Good Practice documents collects lessons learned with FreeBalance government customers in 21 countries and research used for product and services development.

White Papers

FreeBalance Government Clients: On the Path to Governance Success

The white paper describes the results of a study comparing 10 governments using FreeBalance solutions at the national level that found that countries operating FreeBalance have been outperforming other countries in their economic regions in several relevant economic indicators.

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Automating Good Governance: Use of Technology in Public Financial Management

This paper describes how technology can assist governance reform in developing nations and emerging economy governments. Some observers believe that technology has a limited impact on governance. FreeBalance experience has shown that effective financial management software designed for government improves governance through automated controls, IT security and transparency. GRP is a necessary tool for institutional reforms.

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How to Become a For-Profit Social Enterprise (FOPSE)

The white paper provides the business and ethic case for making Corporate Social Responsibility (CSR) core to company strategy. The FreeBalance white paper outlines the FOPSE business model and identifies the critical factors to transform an existing enterprise to a FOPSE. Companies who become FOPSE commit to CSR as core to their business models.

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Aid Transparency Integration

The white paper describes how integration between donor and government financials systems reduces transaction costs and corruption through automation. This improves efficiency and effectiveness by data harmonization. The white paper also details how manual methods of integration compromises data quality and timeliness resulting in less coordination and less effective aid. It reveals that tracking disbursements from donors and payment by recipient governments does not show progress, so aid transparency and effectiveness can be improved by following the commitment cycle used in government commitment accounting.

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Government "Budget 2.0"

Transparency mechanisms, oversight, policy management, budget formulation, budget comprehensiveness, budget execution, timeliness and international standards represent the eight dimensions of the FreeBalance “Budget 2.0” assessment framework. The framework is budget-centric because budgets represent the legal embodiment of government policies. Public Financial Management (PFM), e-government and Government 2.0 processes are evaluated in the framework.

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Public Financial Management Case Study: Islamic Republic of Afghanistan

This Case Study details the Government of the Islamic Republic of Afghanistan's success at improving governance through PFM reform. The Islamic Republic of Afghanistan PFM Case Study covers the sequence of PFM reform from 2002 to the present day. PFM reform is critical to improving good governance. Good governance is critical to economic development.

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Public Financial Management Case Study: Kosovo

This Case Study covers the sequence of PFM reform in Kosovo from 1999 to the present day. The PFM Case Study analyzes Public Expenditure and Financial Accountability (PEFA) assessments. The Government of Kosovo has achieved excellent results (B and higher) for over half of the assessment criteria.

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Selected Presentations