Typical project management techniques are unlikely to overcome the organizational change management challenge for Government Resource Planning (GRP) transformation in emerging economies.
The challenges of implementing financial management systems in government and integrating these systems with the latest technology to support results-based budgeting requires an understanding of the changed context that governments find themselves in.
It is remarkable, that with Total Cost of Ownership (TCO) in mind, most FreeBalance national-level customers pay less for similar functionality than many cities and counties in the United States.
Government operational and fiscal decentralization leads to improved local decision-making, infrastructure development and service delivery, however, many countries struggle to achieve the benefits of decentralization, delegation, and devolution.
The estimated annual government spending of $9.5 T or about 34% of global GDP has a significant country and global economic impact. Making sure this spend is efficient, transparent and represents value-for-money is clearly in the best interests of tax payers and donors.
Using a balanced scorecard method for government performance management can help public sectors simplify complexities of performance management. Read more.
The budget is the most powerful policy instrument of any government. Without funding, a policy has no potency. In addition, governments are usually one of the biggest organizations in any country – in terms of both human and financial resources. Likewise, budget allocations for public services and programs are of public concern because they greatly impact on the lives of citizens. But in the context of the current economic downturn, the size of public sector expenditure is once again in the spotlight.
Government ERP Software can offer solutions to financial management, budgeting and forecasting needs. Here’s how government ERP systems work – read now.
Governments adopt performance-based budgeting to improve spending prioritization and to increase the efficiency and effectiveness of public expenditure. Performance budgeting is considered a reform that improves upon traditional budgeting.
All budget organizations and all major revenue agencies are connected the Kosovo Financial Management Information System (KFMIS) to record all transactions – a “one-stop shop” for fiscal information in three languages – English, Albanian and Serbian.
Frequently Asked Questions Find answers to commonly asked questions about FreeBalance’s Government Performance Management Solution. What is FreeBalance’s (GPM) Government Performance Management software? FreeBalance’s GPM software is designed to help governments measure and improve their performance by providing a range of tools and capabilities that support the Government Performance Management process. (GPM) Government Performance Management … Continued
