Solutions Overview
FreeBalance provides solutions for all levels of government (central, regional, local) and external aid projects. The software can be easily localized and configured for international deployment. FreeBalance supports multiple countries with different localization and modernization needs.
- Approach. Customer-centric solutions configured to unique country context and requirements. Software available in client-server and web-based configurations.
- Fast Global Implementations. Rapid deployment of country-specific functionality, including software localization, translation and configuration with support for multiple languages and multiple currencies.
- Methodology. The ISO 9001:2000 certified FreeBalance i3+qM methodology adapts good practices in product development and implementation services to the unique requirements of each country and government level.
- Progressive Activation. Solutions can be scaled down for fast initial implementation and then gradually scaled up. Progressive activation ensures government self-reliance, software sustainability, and lower Total Cost of Ownership (TCO).
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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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