Global Public Financial Management Reform, Modernization and Digital Transformation Supported by FreeBalance

Last Updated on: 22nd November 2023, 10:43 am

FreeBalance, a global Public Financial Management (PFM) solutions and advisory services firm, announced Thursday (May 25) that it is committed to helping governments leverage technology to deliver economic growth, accountability and transparency to support service delivery citizens.

Since 1984, FreeBalance has been providing PFM solutions and services to governments around the world, in Asia and the Pacific, Europe, the Middle East and Africa, Latin America & the Caribbean, and North America. According to the Public Expenditure and Financial Accountability (PEFA) program, customers of FreeBalance have achieved an average of 27% improvement in key PFM performance indicators.

FreeBalance’s flagship product, FreeBalance Accountability Suite™, is an Integrated Financial Management Information System (IFMIS) that supports decision-making, improves fiscal discipline, and enhances expenditure control in customer countries. FreeBalance has also been certified ISO 9001:2015 and appraised at level 2 of ISACA’s Capability Maturity Model Integration (CMMI).

In addition to offering its technology platform, FreeBalance also provides capacity building and training programs, as well as change management programs to support comprehensive, complex and cross-cutting PFM reform projects.

FreeBalance is a signatory of the UN Global Compact and is committed to its principles in the areas of human rights, labour, the environment and anti-corruption.

For enquiries, contact:

Matthew Olivier
+44 7400 746292

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