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FreeBalance Accountability Platform Accelerates Development of Government Resource Planning (GRP) Solutions

(EMAILWIRE.COM, October 06, 2009 ) Ottawa, Canada - FreeBalance, a leading global provider of software solutions for public financial management, today announced the worldwide commercial availability of Version 7 of the FreeBalance Accountability Platform. The FreeBalance Accountability Platform is the enabling technology used by FreeBalance and FreeBalance partners to develop web-based Government Resource Planning (GRP) solutions. The FreeBalance Accountability Platform was first introduced in 2008.

The FreeBalance Accountability Platform offers flexible web-based deployment options, configuration parameters to conform to government requirements, service orientated architecture providing out of the box integration with government information systems, and reusable government components to accelerate the development of public financial management solutions. The platform also provides unique support for Web 2.0 collaboration and content to enable efficiency.

“A single deployment of the FreeBalance Accountability Platform can be used to deliver fully integrated financial management information systems to multiple tenants,” said Doug Hadden, Vice President of Products at FreeBalance. “The FreeBalance Accountability Platform is the foundation for shared service initiatives that governments around the world have been looking for.”

The FreeBalance Accountability Platform has been used to develop the next generation of the FreeBalance Accountability Suite and proprietary public financial management solutions for international government clients. The FreeBalance Accountability Platform is a low risk, proven, approach for developing modern public financial management solutions.

About FreeBalance
Founded in 1984, FreeBalance is a for-profit social enterprise and leading global provider of software solutions for public financial management. FreeBalance solutions support government modernization, fiscal decentralization, and public finance reform. Public financial management reform is a key element of good governance and sustainable development.

FreeBalance is headquartered in Ottawa, Canada, with sales and support offices in Washington, DC (United States), Lima (Peru), Lisbon (Portugal), London (Great Britain), Pristina (Kosovo) and St. John (Antigua and Barbuda). FreeBalance solutions have been implemented in countries across the globe, including Canada, United States, Sierra Leone, Guyana, Pakistan, Mongolia, Afghanistan, Antigua & Barbuda, Timor-Leste, Republic of Kosovo and Panama.

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Media Contact:

Matthew Olivier
Director, Global Marketing & Alliances
FreeBalance
Tel: +1 (613) 236-5150 ext.129
Mobile: +1 (613) 301-9653
molivier@FreeBalance.com
www.FreeBalance.com

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