Press Releases
Explore our archive of company-issued media statements
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Government of the Philippines Adopts FreeBalance Cloud Solution for Budget Management
The Philippines’ Department of Budget and Management has selected the FreeBalance Accountability Suite™ to support the digitalization of its Budget and Treasury Management System (BTMS). The BTMS will serve as the government’s centralized financial management and reporting hub, ensuring real-time monitoring of transactions across all agencies.
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FreeBalance to Drive Public Financial Management Reform and Digital Transformation in Micronesia
FreeBalance will support the national government and the four state governments of the Federated States of Micronesia (Chuuk, Kosrae, Pohnpei and Yap to improve the completeness, reliability and timeliness of fiscal reporting, ensure effective delivery of financial processes, and build citizen trust through enhanced transparency of financial information.
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Government of Costa Rica Selects FreeBalance Platform to Drive Digital Transformation
FreeBalance will provide its unified government technology platform and specialist government advisory and technical implementation services to help the Government of Costa Rica create a new, citizen-centric, digital-by-design approach to transform its planning, budgeting, public expenditure, accounting, human resource management, reporting and treasury functions.
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FreeBalance Accountability Suite™ Goes Live in Brazil
The Sistema Integrado de Administração Estadual (SIAFE) leverages the FreeBalance Accountability Suite as the financial system of record for the 216 administration management units across the Government of the State of Pará.
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FreeBalance to Deliver Budget Preparation Solution to Government of Tunisia
FreeBalance’s government budget preparation solutions and services to support enhanced governance, transparency and accelerate public financial management reform in Tunisia.
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Government of Kiribati Selects FreeBalance to Deliver IFMIS and Support PFM Reform
FreeBalance PFM solutions to strengthen public financial management reform in Kiribati. Find out more.
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FreeBalance Wins PFM Reform Award in Sri Lanka
FreeBalance was recognized with the ‘Excellence in Public Finance Reform’ award at the Asian Digital Finance Forum and Awards event in Colombo, Sri Lanka and was lauded for the important work it has delivered with the Ministry of Finance of the Government of Sri Lanka to develop and implement a modern Integrated Treasury Management Information System (ITMIS).
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ACCA and FreeBalance sign Memorandum of Understanding
A new partnership has been agreed with ACCA (the Association of Chartered Certified Accountants) and FreeBalance, focusing on supporting Public Financial Management (PFM) Reform.
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FreeBalance Enters Brazilian Market
FreeBalance today announced that it has won a multi-year contract, financed by the Inter-American Development Bank, to provide both Public Financial Management (PFM) solutions and advisory services to the State of Pará, Brazil.
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FreeBalance Commits to a Sustainable Future
FreeBalance, the Canadian Public Financial Management (PFM) solutions and advisory services firm, today announced that it has signed up to the United Nations (UN) Global Compact
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Building the Skills Required for the Future of Government
FreeBalance, the global Public Financial Management (PFM) solutions and advisory services firm, today announced the launch of The FreeBalance Academy.