Products

Products

The First Global Government Resource Planning Solution

Enabling PFM Reform that Matters

FreeBalance Accountability Suite™

FreeBalance has worked alongside the public sector for almost 40 years to develop and deliver government software solutions that support Public Financial Management (PFM) reform and modernization.

The FreeBalance Accountability Suite™ is a commercial off-the-shelf, Government Resource Planning (GRP) solution that covers the entire budget cycle and manages all critical government fiscal systems.

Public Financial Management Map

The only PFM solution designed exclusively

by government, for government


Across 25+ countries, the FreeBalance Accountability Suite™ is trusted to manage $413 billion in budget dollars. This is more than just budgeting. FreeBalance solutions empower governments to deliver economic growth, accountability and transparency to their citizens. The FreeBalance Accountability Suite™ is available in six base configurations to meet different government resource planning (GRP) requirements.

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FreeBalance Accountability Platform™


The entire FreeBalance portfolio is built on the FreeBalance Accountability Platform™, a web-based, Java-powered platform designed exclusively for government financial management. The platform supports centralized, decentralized or hybrid deployment models.

  • Postmodern Design
    Postmodern Design through ease of integration, massive configurability and flexible on-premises, private cloud, public cloud, community cloud and shared services support

  • Web Native
    Web Native using international web standards, no legacy software code deployed via the web and no web translation layer

  • Open System
    Open System supporting robust open source and commercial infrastructure through recognized industry standards, providing more choices

  • Unified Design
    Unified Design through component reuse across all applications, centralized metadata management, with ease of reporting

  • Highly Extensible
    Highly Extensible supporting additional functions and custom development thanks to a Service Oriented Architecture (SOA) and component reuse across applications

  • Progressive Activation
    Progressive Activation enables future configuration changes, process modernization, fiscal decentralization, and adding additional modules

Cost Savings


To ensure a low total cost of ownership, the FreeBalance Accountability Platform™ provides many efficiencies for government which means value for taxpayers:

Modular Approach

Modular Approach

Ability to add modules over time enables governments to implement critical functions based on the country context. A quicker path to value for money.

Support for Modernization

Support for Modernization

Progressive activation to support reform and modernization.

Minimal IT Support

Minimal IT Support

Optimized technical footprint reduces the burden on IT to manage computer systems, networks and middleware software.

International Financial Standard


The FreeBalance Accountability Suite™ supports the highest international standards for fiscal management and accounting, including those from:

  • United Nations

  • International Monetary Fund

  • World Bank

  • International Financial Reporting Standards (IFRS)

  • Millennium Challenge Corporation (MCC)

Freebalance Building

What is Public Financial Management (PFM) Software?

Public Financial Management (PFM) software is an integrated financial management system used by governments to manage the entire budget cycle. This includes budget formulation, budget execution, accounting and reporting, and audit. Typically, all ministries, departments and spending agencies of a government are connected to a single, unified system. PFM software is also known as GRP or government resource planning software.

The FreeBalance Accountability Suite™ is a government software solution designed specifically for public financial management.

Additional Reading

image of a group of colourful diverse people How Fighting Corruption and Implementing Effective Public Financial Management Systems Improve Citizen Wellbeing The latest World Happiness Report in the report indicates that FreeBalance customers improved their perceptions of corruption scores by an average 1.74% vs the global average improvement of 0.09%, indicating that the investments made in the FreeBalance Accountability Suite™, an integrated and unified Government Resource Planning (GRP) solution, have strengthened accountability and transparency mechanisms in… Read More
Government Treasury Role of Treasury Management Systems Government financial management and accounting are different from that of private businesses. The accounting principles and regulatory requirements are unique to governments. For instance, governments have to maintain a high level of transparency and accountability, which requires the use of specialized accounting standards. Private sector ERP systems are not designed to handle these specific requirements… Read More
Orange arrow against the flow FreeBalance Customers Buck The Trend FreeBalance's analysis of the published results shows that the global average has declined by 0.2% over the last ten years, yet FreeBalance customers have improved their scores by 3.8%. In the last three years especially, a trend has begun to emerge showing that countries using FreeBalance Accountability  Suite™ are steadily improving, while the rest of the… Read More

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Contact FreeBalance to learn how we can help accelerate PFM reform in your country with our government software solutions.

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