FreeBalance to Demonstrate How Public Financial Management Software Optimizes Relief Funds and Sustains Development

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Presentation on Post-Conflict Public Financial Management to highlight 11th Annual Aid & International Development Forum in Washington, DC

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FreeBalance has developed good practices in Public Financial Management (PFM) transparency for post-conflict and emerging countries that we will share with AIDF attendees

FreeBalance, a For Profit Social Enterprise (FOPSE) software company that helps governments around the world to leverage robust Government Resource Planning (GRP) technology to accelerate country growth, today announced it will be participating and presenting at the Aid & International Development Forum (AIDF) 2011. AIDF is a world leading forum for humanitarian relief professionals. AIDF focuses on aid effectiveness. The forum takes place from June 8-9 2011 at the Walter E Washington Convention Center in Washington D.C. To learn more about FreeBalance, visit booth # 311.

Doug Hadden, Vice-President, Products at FreeBalance will present "Post-Conflict Public Financial Management" as part of the Developing Finance: Transparency and Good Practice workshop on Thursday 9 June 2011 from 9:30 – 10:30 in Workshop Area A. This workshop looks at the management reconstruction and development relief funds, contributions and good practice. Other panelists include: Andrew Thorburn, Founder, Global Benefits Group Foundation; James Lanning, Director of Acquisitions and Logistics, International Relief and Development; Shruti Shah, Senior Policy Director, Law and Regulation, Transparency International USA; Vineet Luthra, Founder and CEO, Privatin Consulting; and Tim Murphy, Vice President Procurement Transformation Services, Privatin Consulting.

"FreeBalance has developed good practices in Public Financial Management (PFM) transparency for post-conflict and emerging countries that we will share with AIDF attendees," said Doug Hadden, FreeBalance Vice President Products. "PFM automation helps countries more effectively manage aid and sustain growth through built-in accountability functions.”

The FreeBalance Accountability Suite is a Government Resource Planning (GRP) solution supporting transparency and accountability. FreeBalance solutions for governments and external aid projects and funds simplify administration and reduce transaction costs for government or private organizations managing aid projects. The FreeBalance Accountability Suite automates reporting to donors, project finance management, and project performance management. The FreeBalance solution operates in developing nations around the world, including low-capacity countries, and providing effective donor reporting that meets international standards.

FreeBalance is active in 19 countries, including Antigua & Barbuda, Afghanistan, Canada, Iraq, Kosovo, Kyrgyz Republic, Liberia, Mongolia, Namibia, Pakistan, Sierra Leone, Southern Sudan, Timor-Leste, and Uganda among others. FreeBalance software manages more than a quarter trillion ($US) annual budgets worldwide. More than 70,000 users around the world use FreeBalance software to manage a global civil service workforce of 1,500,000.

About AIDF
Attended by decision-makers from UN, NGOs, Government and intergovernmental organizations involved in the delivery of aid relief and development programs, AIDF which is now in it 11th year, provides a unique platform to build relations, address aid delivery issues and discuss development challenges. More at http://www.aidforumonline.org.

About FreeBalance
FreeBalance helps governments around the world leverage robust Government Resource Planning (GRP) technology to accelerate country growth. FreeBalance software solutions for public financial and human resource management support reform and modernization to improve governance, transparency and accountability. Good governance is required to improve development results. For more information, visit http://www.freebalance.com.

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James Elrick
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