Government of Nicaragua to Host Annual FreeBalance International Steering Committee (FISC) in Managua

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Delegates from 12 countries set to exchange ideas and good practices about public financial management trends, technology, priorities and performance.

Government officials from 12 countries will meet in Managua, Nicaragua, from March 7-10 to discuss the latest technology innovations and trends in Public Financial Management (PFM). These discussions are part of the annual FreeBalance International Steering Committee (FISC) conference. The steering committee is critical to the FreeBalance customer-centric approach and social responsibility mandate of sharing governance improvement lessons.

FISC provides an interactive forum for the exchange of knowledge, ideas, and experiences among FreeBalance customers. Insights from FISC meetings and discussions provide leadership and vision for FreeBalance solutions for the public sector. These activities, combined with other aspects of the ISO-9001:2008 certified “customer-centric” processes, ensures FreeBalance products meet changing international needs in a financially sustainable fashion.

"FISC provides us with visibility into current and future customer needs," said Manuel Pietra, President & CEO of FreeBalance. “Our customers have a unique opportunity to work collaboratively with our team to provide an in-depth look into public financial management trends." Customers at FISC participate directly in the FreeBalance product development process by voting for roadmap changes over the course of a two-year window.

Based on customer feedback and government priorities, FISC 2016 will focus discussions on six subjects that are of the highest value and priority to FreeBalance customers. A new FISC format for 2016 is designed to enable roadmap voting in context to country opportunities and issues.

The subjects that will be discussed during FISC are:

  • Better budget plans and sustainable economic growth
  • Technology-enabled public financial management reform
  • Oversight to improves the management of government financials
  • Case Management as a key to service delivery and revenue mobilization
  • Increasing value for money in times of tight budgets
  • Government performance management lifecycle

The FreeBalance International Steering Committee (FISC) event takes place in parallel with the bi-annual Ministers’ Roundtable. The 2016 Minister’ Roundtable is hosted by the Honourable Ivan Acosta Montalván, Minister of Finance, Republic of Nicaragua. The program explores how governments can better plan and execute to achieve sustainable economic growth, digital transformation, resilience to economic, social & environmental crisis, social inclusion and improved stability. The event provides provide ministers with content and ideas for actionable digital initiatives to support government reform and modernization.

About FreeBalance
FreeBalance helps governments around the world leverage robust Public Financial Management (PFM) technology to accelerate country growth. FreeBalance software solutions for public financial and human resource management increase transparency and accountability to improve governance and reduce corruption. For more information, visit the FreeBalance website or follow us on Twitter.

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Michael Sutherland-Shaw
@freebalance
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