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What’s new at FreeBalance?


November 6, 2013

This weekly news update provides the Government Resource Planning (GRP) community with a brief overview of recent FreeBalance developments and relevant industry news.

Reducing Risk in Government Financial Management Software Implementations in Latin America

FreeBalance attended the XVIII International Congress of CLAD. The International Congress of Latin American Centre for Development Administration (CLAD) conference took place in Montevideo, Uruguay from October 29 to November 1 and it focused on state reform. FreeBalance introduced a tool to help public servants better determine risk factors of implementing custom-developed, Commercial-Off-The-Shelf (COTS) or hybrid approached to government Integrated Financial Management Information Systems (IFMIS) at the event.


Alliance with EXICTOS Extends FreeBalance Government Treasury Portfolio to Central Banks

FreeBalance has announced a new alliance with EXICTOS focused on government treasury and Central Bank solutions. EXCITOS PROMOSOFT FINANCIAL SUITE solutions for the international financial sector will augment the FreeBalance GRP software portfolio. EXICTOS, based in Lisbon Portugal, has significant international experience in the financial sector.

Read more about the alliance >>

Aid Data & Aid Transparency have Come a Long Way

There is a persistent debate in the “development” community about whether aid works, whether it is counter-productive and whether some of it works. There is precious little data to support any of these positions. More specifically, there has been enough sparse data at different levels of aggregation to the point where correlation becomes dubious and causation is a forlorn hope. The development community has been innovating rather than pontificating.

Read the full story >>

Can Technology Enable Global Governance?

Lectures and discussions at think tanks range from bafflegab to insight. One of the interesting themes that was tantalizingly discussed in Pascal Lamy’s “Does Globalization need Global Governance” lecture at the Brookings Institution was the impact of technology. Technology is responsible for globalization: first transportation and now digital communications. Are digital communications disrupting the role of the nation state by introducing governance efficiencies?

Find out on the FreeBalance blog >>

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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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