Overview
The FreeBalance Contract Management module is a comprehensive solution designed to streamline and optimize contract management processes in various public sector organizations. This course provides participants with the necessary skills and knowledge to effectively utilize the Contract Management module and gain expertise in managing contracts efficiently. Participants will learn to create, track, and control contracts, ensuring compliance with legal and regulatory requirements while maximizing the value of contractual agreements.
Course Objectives
- Understand the key features and functionalities of the FreeBalance Contract Management module
- Learn how to create and manage contracts based on vendor information obtained during the procurement process and negotiations
- Gain proficiency in contract planning, including defining activities, milestones, and resource allocation for successful execution
- Master the process of monitoring contract progress, tasks, and related documents to make informed decisions
- Acquire the ability to evaluate vendor performance and maintain accountability for contractual obligations
- Familiarize oneself with inspection and quality control mechanisms to ensure work quality and compliance
Course Content
- Overview of the FreeBalance Contract Management module
- Key features and benefits of the FreeBalance Contract Management module
- Create contracts
- Understanding the process of generating contracts based on vendor information
- Contract planning and defining activities, milestones, and resource allocation
- Real-time monitoring of contract progress, tasks, and related documents
- Efficient planning, authorization, and tracking of contract payments
- Managing payment advances and retentions within contractual limits
- Reports and analytics
Target Audience
- PFM Consultants
- GRP Consultants
- Contract Management Officers
- Procurement Managers and Specialists
- Business Analysts
- Civil Servants
- Policymakers
| Dates | On Demand |
|---|---|
| Length | 0.5 Days |
| Pace | Self Paced |
| Fees | $50 (Introductory Price) |
| Language | English |
Related Courses
)
Chart of Accounts
The Chart of Accounts (COA) Course is designed to help government financial managers explore the fundamental design criteria for creating a modern and effective COA. Through this course, participants will learn how a well-designed COA can streamline reporting, provide global visibility and improve compliance.
)
Budgeting and Appropriations
Executing a fiscal budget is a crucial responsibility of any government. To ensure that spending stays within the approved limits, various budget controls are put in place during the budget execution phase. The Budgeting and Appropriations course trains government officials in these vital expenditure controls.
)
Fixed Assets Management
The Fixed Assets Management module supports fixed asset accounting, depreciation, custody transactions and asset transfer management. Effective asset management provides real benefits and cost savings to public sector organizations.