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15 Ways Governments Leverage the FreeBalance Accountability Suite to Optimize Pandemic Response and Fiscal Resilience

How  software designed exclusively for government empowers public sector adaptation in ways that custom-developed and generic ERP does not Challenge for government: reform and modernization to improve citizen outcomes in the midst of economic and health shocks. How can governments effectively: reallocate spending in an uncertain environment? manage fiscal controls to accelerate priority spending but … Continued

How the Covid-19 Pandemic Threatens Public Finances

Struggle for Positive Health and Economic Impact Constrained by Plummeting Revenue and Soaring Expenditures It should come as no surprise that public finances are under significant stress in all countries because of the pandemic. And, it’s difficult to predict future effects because of health and economic uncertainties: Vaccines,”herd immunity”, vulnerabilities Politics, behaviour, inequity, social cohesion, … Continued

Have you Wondered Why Advanced Economies Struggle with Pandemic Spending Reallocation?

Also, why are there many “spending reviews” in developed countries? Why can’t advanced economy governments leverage program and performance structures to: rapidly respond to spending needs during fiscal shocks like pandemics and economic crises?  easily adjust spending priorities based on actual performance?  quickly reorient spending priorities based on political promises made by new governments in … Continued

18 Ways to Improve Country Resilience to Pandemics and Economic Shocks

Support Public Financial Management Resilience Across the Budget Cycle The bad news for government is that the health and social stresses caused by the COVID-19 pandemic are compounded by Public Financial Management weaknesses in many countries.  With more rather than fewer government fiscal shocks expected in the future, according to the World Economic Forum 2020 … Continued

How does Effective Public Financial Management Improve COVID-19 Pandemic Responses?

What’s the good government pandemic response news?  Effective use of Public Financial Management processes and Government Resource Planning software. Our mission:  We fundamentally believe that governments are at the nexus of providing improved citizen quality of life, and for solving global wicked problems. This is why FreeBalance is a government-only Business to Government (B2G) provider … Continued

How to Empower Your Public Financial Management Information Systems

Evaluate Government Resource Planning Technology to Improve PFM Results What’s really needed for government resource planning effectiveness? Information technology support for PFM: Fiscal transparency through reporting and budget portals  Functional comprehensiveness across the budget cycle  Non-functional capabilities like reliability, usability, and performance  Interoperability, or seamless integration, across all GRP systems and subsystems  Robust ICT practices   … Continued

5 Ways to Accelerate Financial Management Information System Time to Results

Optimize Implementations with Government Resource Planning Software Are you faced with the prospect of lengthy implementations of financial management software for your government? Budget planning Core financials Procurement Tax Administration Payroll The good news for government is that it’s possible to accelerate implementations by using Government Resource Planning (GRP) software: Designed for government financial management … Continued

The FreeBalance Approach to PFM Reform

Our government advisory services enable governments to develop effective reform agendas. This consulting is technology agnostic – we never recommend “rip and replace” of Government Resource Planning (GRP) components with the FreeBalance Accountability Suite™ unless there is no workable alternative.

What Causes Government Financial Management System Failure?

An effective GRP should help governments improve fiscal stewardship across all 8 PEFA pillars.

Towards a Declaration of Software Vendor Dependence?

Every once and a while someone captures the enterprise IT zeitgeist.  Frank Scavo, president of Strativa has done so in a blog post: Time for a Declaration of Independence from Software Vendors? (and a Diginomica podcast with an interview by Dennis Howlett). Frank has witnesses an increase in businesses developing custom software from scratch. Has the … Continued

Agile for Sustainable Modernization in Government

Is agile project management and product development a sustainable approach to government modernization? It’s a technology practice inflection point. Widely adopted by the tech giants, the majority of development teams and projects now embrace agile methodology, while pure waterfall approaches are in the minority. We have found that agile can be particularly effective in change management.Is … Continued

Rethinking Public Financial Management

Many PFM interventions are thought to be of a “technical” nature. Technology is acquired, legal frameworks changed, capacity built and all sorts of positive outcome ensue.

Prosperity Paradox – Book Review

Why have so few countries succeeded in raising development? Clayton Christensen, Efosa Ojomo, and Karen Dillon have joined the development debate with the Prosperity Paradox: How Innovation Can Lift Nations Out Of Poverty. Christensen is well-known as a Harvard Business School professor and his theory of business innovation first described in The Innovator’s Dilemma. The authors join other critiques … Continued

Good Governance Lessons from IMF/WB Spring Meetings

How can governments cope with migration, trade tensions, food insecurity, or climate change with poor governance?  These questions were at the heart of many sessions at the annual International Monetary Fund and World Bank Spring Meetings last week in Washington. I was fortunate to attend numerous sessions, augmented by watching webcast replays. My takeaways on sustainable development, good governance, … Continued