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What’s new at FreeBalance?


May 28, 2013

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

How Can Government Resource Planning (GRP) Software Automate Good Governance?

FreeBalance released a white paper describing how technology can assist governance reform in developing nation and emerging economy governments. The white paper was launched at the 27th Annual International Training Conference of the International Consortium on Governmental Financial Management (ICGFM) in Miami. The Automated Good Governance white paper consists of a framework with use cases.p>

Download the White Paper >>

Government Financial Management: Build vs. Buy Dilemma – The 3rd Option

We’ve been noticing the trend of high failure rates in government Financial Management Information Systems (FMIS) world-wide. Most governments use Commercial-Off-The-Shelf (COTS) software, yet there are regions where the choice is for bespoke systems. Experts in the field remain on the fence when it comes to the most sustainable choice for governments. The problem seems to be that build vs. buy ERP in government is often a choice between two evils.

Read the full story on the FreeBalance blog >>

Latin American Government Financial Software Trends

A FreeBalance team attended an Inter-American Development Bank workshop from May 15 to 17: International Workshop on Public Financial Management for IFMIS Coordinators. [Presentations are located on that web page and my Storify version of tweets during the event are below.] We prefer the term “Government Resource Planning” (GRP) to “Integrated Financial Management Information Systems” (IFMIS). Nevertheless, IFMIS (SIAF in Spanish) is the term most often used among International Financial Institutions.


Join FreeBalance at FMI event in Toronto, Canada

FreeBalance will be participating in the upcoming Financial Management Institute of Canada (FMI) Public Sector Management Workshop 2013. The theme of the workshop is “Financial Management in a Global Community”. It takes place from June 2 – 4 at the Marriott Eaton Centre in Toronto. The FMI has grown to thousands of members, both within and outside the public sector, all working to improve the financial management of all levels of government across Canada.

Read about PSMW 2013 >>

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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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