FreeBalance Joins the Global Transparency Campaign

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Participates in Make Aid Transparent campaign organized by Publish What You Fund

Transparency and accountability are dominant themes in governance and are key factors at reducing corruption. Government transparency creates participation and confidence.

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, is joining the Global Campaign for Transparency, organized by Publish What You Fund. The campaign launches on June 8 and culminates at the High Level Forum on Aid Effectiveness in Busan, Korea in early December. The first petition handover will take place in July at the OECD DAC meetings in Paris.

As described by Publish What You Fund, the organization, “is working with a global coalition of civil society organisations united in the call for greater aid transparency. We will send a strong message to donors that they must act. Central to the campaign will be a petition urging governments and other donors to make their aid more transparent. In addition, we will provide a toolkit, which includes short animation explaining the issue, an on-line tracker monitoring and comparing donors’ progress, joint letters and other advocacy and media materials.” To learn more and sign the petition, visit http://www.makeaidtransparent.org.

"FreeBalance is a strong proponent of aid transparency and the use of country systems," said Manuel Pietra, President & CEO of FreeBalance. “Transparency and accountability are dominant themes in governance and are key factors at reducing corruption. Government transparency creates participation and confidence. Oversight improves government efficiency and effectiveness, strengthens capacity, and budget execution."

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.

The integration with donor and recipient financial systems is a key enabler for aid transparency. FreeBalance has developed a white paper describing how GRP systems can be seamlessly integrated and support the International Aid Transparency Initiative standards. The white paper is being presented as part of the Aid and International Development Forum (AIDF) in Washington, June 8 -9.

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 The Global Campaign For Transparency
Make Aid Transparent is a coalition of civil society organisations calling on governments and other donors to publish more and better information about the aid they give. Greater transparency will increase aid's effectiveness, reduce waste and corruption, and help make sure that citizens in the north and the south are able to hold their governments to account.

About Publish What You Fund
Publish What You Fund urges donors to disclose their aid information regularly and promptly, and in a standardised format that will be comparable with other countries and accessible to all. We support greater disclosure of aid information in line with the International Aid Transparency Initiative (IATI) Standard and we promote the central importance of aid transparency within international discussions on aid effectiveness and freedom of information. Our campaign for aid transparency focuses primarily on the EU, U.S. and World Bank, as the world’s largest aid donors.

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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