Government Treasury Management

Government Treasury Management

Enables governments to manage cash, debt and investments

Government Treasury Management Overview


(GTM) Government Treasury Management supports bank reconciliation and manages cash, debt and investments. The system harmonizes treasury operations across all levels of government, mitigates fiscal risk and maximizes government funds through effective forecasting.

Bank Reconciliation

Bank Reconciliation

Supports multiple currency bank management including reconciliation processes, migration to a Treasury Single Account and foreign exchange gains and losses.

Cash Management

Cash Management

Supports liquidity including cash forecasting based on the commitment cycle, historical trends and management reports.

Debt and Investment Management

Debt and Investment Management

Supports debt servicing and the modelling of debt and investment financial vehicles.

Modules


(GTM) Government Treasury Management is one of the six core product pillars within the FreeBalance Accountability Suite™ and is composed of a number of modules that can be implemented as a standalone or part of a unified solution. The GTM pillar enables governments to manage debt and investments.

  • (GTBR) Bank Reconciliation
    Automatic multi-currency bank reconciliation.

  • (GTBT) Bank Account Transfers
    Provides the functionality to execute individual or grouped bank account transfers.

  • (GTDM) Debt Management
    Models and plans for short-term and long-term debt instruments.

  • (GTCM) Cash Management
    Enables the forecasting of cash availability to reduce debt and increase investment income.

  • (GTIM) Investment Management
    Investment management that supports the investment sub-ledger, investment illustration and integrates with government accounting.

What is Government Treasury Management?

Government Treasury Management is the management of the government’s cash flows and liquidity, its banking and capital market transactions, and most importantly, the associated risk management.

What are the Benefits of Government Treasury Management?


An integrated and unified public sector treasury management solution like the FreeBalance Accountability Suite™ enables a government to effectively harmonize all of its treasury operations across all levels of government, mitigate fiscal risk and maximize spending through effective forecasting. Benefits include:

  • Cash and Liquidity Management
    Predicts cash flow requirements to optimize cash reserves.

  • Bank Reconciliation
    Reconciles ledgers with cash receipts, as well as payments at banks.

  • Debt Management
    Manages all government debt commitments.

  • Treasury Single Account
    Migrates bank accounts to a single account to effectively manage reserves, investments and debt.

  • Investment Management
    Manages all government investments with financial instruments.

Additional Reading

How to Design a Financial Management Information System We would like to extend concepts introduced in the paper through the lens of enterprise software technology and implementation practices with a few recommendations. Read More
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. Read More
Government Performance: Lessons Learned Integration is more than a decision-making necessity. Separate information systems lead to controls inconsistency. Some software used in government does not support budgets or commitments. Read More

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