FreeBalance Accountability Suite is a commercial Government Resource Planning system built specifically for public financial management. Its six base configurations cover government performance management, public financials, public expenditure, treasury, receipts, and civil service management. Public Financials Management includes budget and commitment accounting, appropriations, a Chart of Accounts, and real-time ledger balancing. Public Expenditure Management covers purchasing, procurement, grants, social programs, and the purchase cycle. Organizations can combine modules, implement them separately or as a unified solution, and activate additional functions over time. The web-based, Java-powered platform supports centralized, decentralized, or hybrid deployment, including on-premises, private cloud, public cloud, community cloud, and shared services. It supports integration with government information systems, including financial and HR systems, and supports fiscal and accounting standards from the United Nations, IMF, World Bank, IFRS, and Millennium Challenge Corporation. FreeBalance describes training and support services, including global second- and third-line help-desk support. Pricing is available on request.
Who it is for
The suite is aimed at governments and public sector organizations managing public finances and budget processes. Its modular approach may suit organizations that want to add functions according to their context or reform program.
What is good
- Covers six government finance and administration areas.
- Includes budget and commitment accounting.
- Modules can be implemented separately or together.
- Supports several cloud and on-premises deployment models.
- Includes training and support services.
What to know first
- Pricing is available on request.
- The product is designed specifically for government use.
Verdict
FreeBalance Accountability Suite brings budgeting, expenditure, treasury, receipts, and civil service functions into a modular government-focused system. Its deployment options are varied, but pricing requires contacting the vendor.
FreeBalance Accountability Suite plans and pricing
All plansCompared on government accounting software
- Budget control
- Yes
- Encumbrance tracking
- Yes
- Grant management
- Yes
- Purchasing workflows
- Yes
- Deployment
- hybrid
