FreeBalance Inc.

FreeBalance is a global provider of software solutions for public financial management (PFM). PFM is an essential part of the international development process. FreeBalance solutions support government modernization, fiscal decentralization, and public finance reform across all levels of government. The FreeBalance Accountability Suite is a commercial off-the-shelf, Government Resource Planning (GRP) solution. FreeBalance software is available in web-based and client-server configurations. The FreeBalance GRP solution is implemented by activating functionality options through software configuration rather than bespoke programming and software source code customization. FreeBalance Advantages FreeBalance provides government-optimized, compact, and easily sustainable software that was designed for government and can easily be adapted to any country context or level of government. 1. Proven Technology - The most widely used financial software across the Government of Canada. Robust technology with more than 15 years of successful implementations, even under the most difficult conditions in post-conflict countries. 2. Programmed for Government - No customization required. Quick configuration to specific country context. FreeBalance software is optimized for public finance, with fiscal controls and government financial management rules built into the main code of the software. 3. Progressive Activation - Key for government self-reliance, post-implementation software sustainability, and lower Total Cost of Ownership (TCO). FreeBalance solutions can be scaled down to basic capability for fast initial implementation and then gradually scaled up. Features and functionality are activated by selecting configuration options and adding budget controls over time.