Optimize Your Government Pandemic Response Effectiveness Through Improved Public Financial Management

Enhance Public Spending Efficiency with FreeBalance Portfolio of Remote Services and Toolkits

Do you need to improve pandemic service delivery? 

  • Reallocate funds to pandemic response
  • Control fund dispersal based on government goals
  • Track funds and outcomes to improve decision-making
  • Create efficiencies while adapting to changing conditions

Consider public finance services and toolkits from FreeBalance:

  • Leverage your existing technology investments through rapid configuration and integration recommendations
  • Select only the tools and services that you need
  • Achieve rapid improvements by tapping into global company expertise remotely
  • Support long-term fiscal resilience from economic shocks

Focus of the FreeBalance portfolio:

  • Support the reallocation of spending for health, income, and business support from other budgets through classification and process improvements
  • Optimize controls to facilitate priority spending, enable audit, and reduce less important expenditures through workflow adjustments
  • Enhance tracking, forecasting, and transparency through integration of timely data across information systems

Context for public finance: support recommendations made by the International Monetary Fund and the World Bank

  • Justify international aid based on effective data
  • Report spending effectiveness to citizens
  • Improve PEFA assessments 

Unique FreeBalance capabilities include:

  • public finance practitioner thought leadership
  • financial management information system market leader
  • information and communications technology expertise for data, metadata, and controls integration
  • with a “Glocal” approach – global expertise, local context understanding, focus on realistic country reform based on context

Deeper Dive: governments can select services from this portfolio

  • Emergency Fiscal Advice Engineering: as-needed access to the FreeBalance PFM virtual “war room” for governments needing quick access to expert resources during the pandemic response
  • Emergency Sustainability Enablement: emergency PFM advisory engagement for governments seeking to adjust controls, enable reallocations, and improve tracking during the pandemic
  • Public Financial Management Resilience Empowerment: comprehensive phased PFM advisory engagement for governments seeking to mitigate fiscal shocks from the pandemic through and become resilient to future shocks
  • Finance Ministry Continuity Engineering: analysis of critical task regulations, business processes, and information systems to ensure continuity of critical Finance Ministry functions

In addition,  governments governments can select software integrated with current technology environments:

  • Emergency Tracking Portal: customized health information and expenditure portal for governments seeking to automate transparency and improve citizen communications effectiveness

Government Supplier E-Services: fonline and mobile alert facility for governments seeking to reduce the burden on suppliers and government staff to track invoices, statements, and payments
Flexibility is supported:

  • Acquire only the services and products required
  • Engage only the experts you need
  • Contract for low-cost initial remote services 
  • Receive onsite services when realistic
  • Build public finance capacity
  • Focus on your government context

Next step: arrange for a Masterclass call

  • FreeBalance experts will analyze your country public finance capabilities before the call, customizing portfolio recommendations
  • Approaches described
  • Interaction maximized
  • If appropriate, a custom proposal will be provided quickly

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