Public procurement is the main driver of government operations. Globally, governments spend $13 trillion a year on public procurement contracts. For every $3 of public spending, $1 goes to private contractors tasked with implementing government projects. Public procurement can account for around 13% to 15% of GDP. This means that a good public procurement process … Continued
We would like to extend concepts introduced in the paper through the lens of enterprise software technology and implementation practices with a few recommendations.
V4M (Value for Money), is in many ways, the public sector equivalent of ROI (Return on Investment). However, there is no bottom line in the public sector. Governments have mandates and need to optimize outputs, outcomes and impact. V4M provides a methodology for doing so.
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.
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.
Using a balanced scorecard method for government performance management can help public sectors simplify complexities of performance management. Read more.
Country Results For a breakdown of individual customer country results, please select below: Antigua and Barbuda Philippines Sierra Leone Uganda Jamaica Liberia South Sudan Kosovo Mongolia Timor-Leste
With 2030 approaching, there is no greater priority for the public sector than Sustainable Development Goals. Here’s how a PFM system can help deliver the SDGs.
Frequently Asked Questions Find answers to commonly asked questions about FreeBalance What is (CSM) Civil Service Management? FreeBalance’s (CSM) Civil Service Management is a fully integrated module of the FreeBalance Accountability Suite™ – a Commercial Off-the-Shelf (COTS) Integrated Financial Management Information System (IFMIS). FreeBalance Civil Service Management can easily be configured to seamlessly interoperate with … Continued
Frequently Asked Questions Find answers to commonly asked questions about FreeBalance’s Public Financials Management Solution. What is FreeBalance’s (PFM) Public Financials Management software? FreeBalance’s (PFM) Public Financials Management software is a comprehensive financial management tool designed specifically for governments and public sector organizations. It supports the unique budgetary requirements of the public sector and offers … Continued
