October 18, 2011Matthew Olivier
GRP technology most cost-effective option for government financial Shared Services
Ottawa, Canada (October 18, 2011) – FreeBalance, a Canadian software company that helps governments around the world to leverage robust Government Resource Planning (GRP) technology to accelerate growth, will share a 21st Century vision for achieving the promise of shared services in Canada at the GTEC 2011 conference, October 18-19, 2011 at the Ottawa Convention Centre (booth #213). Many governments have implemented hosted shared services to support more efficient and effective service delivery. Yet, hosted shared services for financial and human resources in government have had disappointing results. Expected savings have not materialized. Standardization has been difficult to achieve.
“Process standardization with sufficient flexibility to support departmental mandates is the key requirement for shared services. Standardization reduces cost for training, support and upgrading software,” said Manuel Pietra, President & CEO of FreeBalance. “Yet, standardization can introduce inefficiencies. This can make the standardization exercise difficult and expensive for governments. Government Resource Planning technology overcomes the standardization problem through configuration and provides a viable option to governments looking to accelerate speed to savings.”
The FreeBalance Accountability Suite Version 7 was designed specifically to support hosted shared services in government. The FreeBalance approach differs from traditional methods of deploying finance and human resources software in the following ways:
- Service configuration approach eliminates the burden for government organizations to customize software to meet unique needs.
- Multiple configurations operating in the same data centre enables government organizations to migrate to standard processes over time and supports unique configurations where necessary because of legal mandate.
- Modern web-based technology, rather than web-enabled, optimizes performance and reduces data centre size providing green benefits.
- Component-based Service-Oriented Architecture enables granular integration with software in use by government organizations.
The FreeBalance Accountability Suite is web-based and has been optimized for rapid government deployment, operational effectiveness and performance. FreeBalance technology supports Web Services standards that enable departments and agencies to integrate with existing ERP, HR, and other government information systems.
The FreeBalance Accountability Suite is used as a whole-of-government solution through centralized and decentralized shared services in governments around the world. Software solutions from FreeBalance are being used in 19 countries, including Antigua & Barbuda, Afghanistan, Canada, Iraq, Kosovo, Kyrgyz Republic, Liberia, Mongolia, Namibia, Pakistan, Sierra Leone, Southern Sudan, Timor-Leste, and Uganda among others. FreeBalance software manages more than a quarter trillion ($US) annual budgets worldwide.
FreeBalance helps governments around the world leverage robust Government Resource Planning (GRP) technology to accelerate country growth. FreeBalance software solutions for public financial and human resource management support reform and modernization to improve governance, transparency and accountability.
FreeBalance software has also been implemented in 19 other countries around the world, including Antigua & Barbuda, Afghanistan, Iraq, Kosovo, Kyrgyz Republic, Liberia, Mongolia, Namibia, Pakistan, Sierra Leone, Southern Sudan, Timor-Leste, and Uganda. FreeBalance software manages more than a quarter trillion ($US) annual budgets worldwide.
For more information, visit www.freebalance.com.
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