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FreeBalance Contributing to Global Public Financial Management (PFM) Innovation


December 9, 2013

Conference to Bring the Latest Good Practices in Managing Public Finances

Washington D.C., USA (December 6, 2013) – FreeBalance, a leading vendor of Government Resource Planning (GRP) software, is pleased to announce attendance at the 2013 Winter International Consortium on Governmental Financial Management (ICGFM) Conference. The theme of the conference is PFM Innovations. It takes place in Washington DC hosted by the International Monetary Fund (IMF) from December 9 to 11.

ICGFM conferences typically attract PFM professionals and practitioners from more than 30 countries. The conference sub-themes are:

  • Innovative approaches to managing resources including performance and results
  • Emerging international standards and guidelines
  • Addressing the human resources aspect of public financial management
  • Methods of accountability including internal and external audit and social media
  • Country case studies
  • Expanding the use of E-Government to improve efficiency, effectiveness and transparency

Premier global PFM professionals are attracted to speak at ICGFM conferences. The Winter Conference includes speakers, discussants and session moderators including:

ICGFM and Grant Thornton will be releasing the results of the ICGFM Global Financial Management Leaders Survey Report: PFM Reform in a Period of Global Adjustment at the conference. The survey interviewed PFM professional from 51 countries.

FreeBalance will be live tweeting (@freebalance) and blogging during the conference. Manuel Pietra, FreeBalance President and CEO, and the current President of ICGFM said: “FreeBalance is committed to the transfer of knowledge and good PFM practices across the global community as part of our mission of improving governance.”

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 22 countries managing more than a quarter trillion ($US) in annual budgets worldwide. For more information, visit the FreeBalance website.

Working globally with governments, organizations, and individuals, the International Consortium on Governmental Financial Management (ICGFM) is dedicated to improving financial management by providing opportunities for professional development and information exchange. The ICGFM was established over two decades ago to serve as an international forum for public sector financial managers. More at


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Doug Hadden

Doug Hadden

Executive Vice President, Innovation at FreeBalance
Doug is responsible for identifying new global markets, new technologies and trends, and new and enhanced internal processes. Doug leads a cross-functional international team that is responsible for developing product prototypes and innovative go-to-market strategies.

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