Government of the Philippines Accelerates PFM Reform with FreeBalance Technology

The Philippines adds to a growing list of FreeBalance government customers in Asia, which includes Sri Lanka, Afghanistan, Mongolia, and Timor-Leste. "Governments in Asia and around the world are under increased pressure to put systems in place to automate good governance and provide enhanced a...

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Published inU.S. Newswire
Format Newsletter
LanguageEnglish
Published Washington U.S. Newswire 03.02.2016
Subjects
OTTAWA
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Summary:The Philippines adds to a growing list of FreeBalance government customers in Asia, which includes Sri Lanka, Afghanistan, Mongolia, and Timor-Leste. "Governments in Asia and around the world are under increased pressure to put systems in place to automate good governance and provide enhanced accountability and transparency," said Manuel Pietra, President & CEO of FreeBalance. "FreeBalance works directly with governments to accelerate the reform process with sustainable technology. We fundamentally believe that good governance provides improved development outcomes and enhances citizen services." FreeBalance solutions will be used by Government of the Philippines to automate public finance transactions related to the budget, including budget management, commitments management, payments management, receipts management, cash management, accounting, and fiscal reporting.