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FreeBalance Shares Public Financial Management (PFM) Good Practices at Third Annual Municipal Conference in Colombia


April 17, 2013

Seventh Good Practice Document on effective GRP specialization released at municipal event in Cartagena

FreeBalance will be sharing its recently released Good Practice Documents at the Congreso Nacional de Municipios 2013 conference. The event is being put on by the Federación Colombiana de Municipios and takes place in Cartagena de Indias from April 17-19, 2013. The conference will be attended by over 600 participants including the President of the Republic, Juan Manuel Santos, the mayors of Colombia, representatives from the Government of Colombia and other regional and international municipal affairs experts.

The 2013 Congreso Nacional de Municipios event covers important topics such as funding for local development, strengthening municipal democracy, and improving the efficiency and transparency of procurement in Colombian municipalities. “The Federación Colombiana de Municipios plays an important role by promoting modernization and reform initiatives that enable municipalities to become more autonomous, competitive and sustainable,” said Adrian Waldman, FreeBalance’s Vice President, Latin America & Caribbean. “This event provides a great opportunity for FreeBalance to demonstrate how it has helped governments around the world leverage technology to support decentralization and reform at the sub-national level.” FreeBalance Government Resource Planning (GRP) solutions for sub-national governments can be integrated with any financial management system at the central government level.

FreeBalance recently released six PFM Good Practice Documents. A seventh document focused on effective GRP specialization will be released at the Congreso Nacional de Municipios event this week. These documents are available to conference participants in Colombia or can be downloaded from the FreeBalance website. FreeBalance Good Practice documents collect lessons learned with FreeBalance government customers in 20 countries combined with PFM and technical ICT research. The initial set of FreeBalance Good Practice Documents covered Anti-Corruption, Budget Formulation, GRP Sequencing, GRP Reform & Modernization, Multiple Year Chart of Accounts (COA) and Total Cost of Ownership (TCO).

About the Federación Colombiana de Municipios
The Federación Colombiana de Municipios (Colombian Federation of Municipalities) is a private non-profit organization that works with municipalities and districts to help formulate, coordinate and evaluate public policy. The Federation promotes decentralization, autonomy, democracy and strong local governance. It also manages and executes projects of public interest for its constituents that contribute to stability and sustainable development. For more information, visit the Federación Colombiana de Municipios website.

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Matthew Olivier

Matthew Olivier

Vice President, Marketing at FreeBalance
Matthew is responsible for providing strategic marketing, communication, and business development direction for FreeBalance products, solutions and services. Matthew leads marketing and business development activities to support FreeBalance growth and brand awareness in the GRP market.

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