For twenty years, FreeBalance’s systems have been used by the Government of Timor-Leste across 80 Ministries, Departments and Agencies, representing four levels of hierarchy in the government. The web based FreeBalance Accountability Suite™ automates all public finance transactions related to the budget, including budget preparation, expenditure controls, government audit, procurement, monitoring, reporting, civil service payroll and external reporting and transparency.
FreeBalance worked with the Government of Timor-Leste to establish a PFM Roadmap which involved a multi-year plan for the implementation and rollout of strategic goals and tactical plans for execution. This Roadmap utilized a phased and progressive approach to facilitate the rolling out process to all Ministries and Departments. This approach provided the requisite time for training of the users and allowed for the ministry to sustainably support the system once live in production.
Corruption Perceptions Index
The latest Corruption Perceptions Index shows a 7 point improvement in Timor-Leste’s score since 2012.
Open Budget Index
The Government of Timor-Leste has achieved a steady improvement in its Open Budget Index scores since it was included in the rankings.