This weekly news update provides the Government Resource Planning (GRP) community with a brief overview of recent FreeBalance developments and relevant industry news.
Donors Pledge Up to U.S. $300 Million in Support to S. Sudan?
Donor and development partners have pledged up to $300m as aid meant to support South Sudan’s turbulent economy, the country’s ministry of Finance has announced. However, much if this new support, according to the ministry, would be provided through the government budget; a sign of “increased confidence in South Sudan’s public financial management system”. The decision, the ministry said in a statement, emerged out of a recent South Sudan Economic Partners Forum, hosted by the US Department of State.
Organizational Process Standardization is the Key to Efficiency
Balance is a medium-sized Independent Software Vendor (ISV) with considerable success competing against very large Enterprise Resource Planning (ERP) vendors. We are sharing 16 lessons learned by bucking conventional wisdom to encourage industry innovation and creativity.
Critical need for E-Government Procurement (e-GP) and Integration
I have always been intrigued by government purchasing processes and decision-making. When governments decide to take the initiative to modernize their financial system and enhance their countries Public Financial Management (PFM) system, the common objective is to create accountability, transparency and ultimately increase country revenues and provide economic growth. e-GP systems can be a major tool to meet those objectives. Yet there are few systems in operation. What are governments waiting for? And, why are multilateral banks setting e-GP project separate from PFM initiatives?
ICGFM 27th Annual International Training Conference
Please join FreeBalance at the ICGFM 27th Annual International Training Conference – ‘Good Public Financial Management Practices in a Period of Global Adjustment’. Sunday, May 19 – Friday, May 24, 2013, Miami, Florida – USA. ICGFM Training Conferences are gatherings of financial management practitioners to discuss the financial reforms and methods available to better serve their citizens. Representatives from Africa, Asia, Europe, the Middle East, Latin America, the Caribbean and North America share their practical experiences in meeting the challenges of the 21st Century.