Government Resource Planning (GRP) Overview
GRP is software designed for the unique requirements of public financial management. GRP software is budget-driven through the use of Commitment Accounting, where the budget is the legal embodiment of government objectives. Commitment Accounting is used only in government and other forms of public financial management.
Budget Preparation and Budget Execution
GRP covers the entire government budget cycle, including Budget Preparation and Budget Execution. Budget Preparation is the key mechanism for governments to determine how objectives will be met and how to improve government performance. Government revenue and expenditures are managed during Budget Execution using Commitment Accounting. Funds are set aside during procurement and hiring cycles to ensure that the budget is not exceeded. Changes in the government financial situation result in budget transfers to ensure fiscal discipline.
Government Performance Management, Government Services and Accountability
Governments don’t have shareholders. They report to citizens, and citizens demand transparent and open government. Citizen reports focus on planned budgets versus actual expenditures. Governments use governance mechanisms to describe how objectives will be met, and then assess whether objectives were or were not met. Many governments follow international public sector accounting standards for these reports. Releasing this information to citizens makes governments more accountable.
The FreeBalance GRP Solution
FreeBalance provides the FreeBalance Accountability Suite, the GRP solution for all levels of central, regional & local government and external aid projects.
Any and all modules of the FreeBalance Accountability Suite are available for hosted Shared Services, which includes:
Today, the FreeBalance GRP solution is implemented globally within governments across the world. Customers include the governments of Afghanistan, Antigua and Barbuda, Canada, Guyana, Iraq, Jamaica, Kosovo, Mongolia, Pakistan, Palestine, Sierra Leone, Southern Sudan, Suriname, Timor-Leste, Uganda, and the USA.
The software can be easily localized and configured for international deployment. FreeBalance supports multiple countries with different localization and modernization needs.
Supports Multiple Countries With
Different Localization and Modernization Needs
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.
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).