Debt Consolidation

FreeBalance To Share Expertise On Leveraging Debt Management For Effective Public Financial Management

Framework for Interfacing Debt Management Systems with Financial Management Information System (FMIS) concentration of Commonwealth Secretariat seminar in London, UK

Ottawa, Canada (PRWEB) October 26, 2011

During the workshop, Doug Hadden, Vice-President Products at FreeBalance will be participating in the “FMIS Implementation: Experiences and Best Practices for Interface with Debt Management” event on Thursday, 27 October 2011 from 11.30-13.00. Mr. Hadden will be assimilated on a row with member from Thailand, Chile, and Brazil. Other seminar sessions include: Framework for Public Financial Management – Sound Practices; Framework for Government Cash and Debt Management; and, Transparency, Performance Assessment and Accountability in PFM and Debt Management.

“FreeBalance looks deliver to pity great practices in FMIS implementations and debt management formation with attendees,” mentioned Manuel Pietra, FreeBalance President CEO. “Integration has poignant benefits. Tight formation with undertaking accounting systems enables improved cash, debt, investment and liquidity management. Integration may be skilled with assist management, bill credentials and bill carrying out systems. Government Resource Planning systems can seamlessly be integrated and encouragement the International Aid Transparency Initiative standards .”

The FreeBalance Accountability Suite is a Government Resource Planning (GRP) answer that supports clarity and accountability. FreeBalance solutions for governments and outmost assist projects and supports facilitate administration department and lower contract expenses for supervision or in isolation organizations handling assist projects. The FreeBalance Accountability Suite automates stating to donors, plan financial management, and plan opening management. The FreeBalance answer operates in building nations around the world, inclusive low-capacity countries, and providing efficient donor stating that meets general standards.

FreeBalance not long ago published an Aid Transparency Integration white paper that describes how formation between donor and supervision financials systems reduces contract expenses and crime by automation. This improves effectiveness and effectiveness by information harmonization. The white paper sum how handbook methods of formation compromises information high quality and timeliness consequent in reduction coordination and reduction efficient aid. And, the white paper advocates the use of module budgeting by all assist stakeholders for timely stating and ease of formation with plan documents.

FreeBalance is active in 19 countries, inclusive Antigua Barbuda, Afghanistan, Canada, Iraq, Kosovo, Kyrgyz Republic, Liberia, Mongolia, Namibia, Pakistan, Sierra Leone, Southern Sudan, Timor-Leste, and Uganda amid others. FreeBalance software manages more than a entertain trillion ($US) annual budgets worldwide.

About FreeBalance

FreeBalance helps governments around the world precedence strong Government Resource Planning (GRP) technology to hasten nation growth. FreeBalance software solutions for open financial and human resource management encouragement remodel and modernization to upgrade governance, clarity and accountability. Good governance is compulsory to upgrade growth results. For more information, revisit .

James Elrick
FreeBalance
613 218 4938
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Tags: debt management