FreeBalance® Accountability Suite
FreeBalance Human Capital
The FreeBalance Human Capital module provides integrated management of payroll and human resources for government. The module is a fully integrated human resources information management (HRIS) and payroll system designed to streamline civil service administration.
FreeBalance Human Capital Highlights
- Government Payroll - standardized payroll, taking into consideration any applicable collective agreements in force and employee benefits such as health insurance. The module supports several modes of payments, from electronic funds transfers (EFT), to cheque production and bank vouchers.
- Human Resources (integrated HRMIS) - recruitment management, training, personnel management, pension administration, and succession planning for every employee in the public sector.
- Web-based Applications - recruitment and civil service management available as web-based sub-modules for ease of deployment and accessibility.
The FreeBalance Human Capital module can operate standalone or be added and integrated with FreeBalance Financials during any stage of the IFMIS implementation process.
Supported Standards
The World Bank Treasury Reference Model (TRM), the IMF Code of Good Practices on Fiscal Transparency, United Nations Common Functions of Government (COFOG), IMF Government Finance Statistics (GFS), International Federation of Accountants International Public Sector Accounting Standards Board International Public Sector Accounting Standards (IPSASs), Medium Term Expenditure Frameworks (MTEF), and Generally Accepted Accounting Principles (GAAP).
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