FreeBalance Accountability Suite vs TechnologyOne Government ERP

FreeBalance Accountability Suite is a government resource planning system for public financial management. It covers the budget cycle and related fiscal operations, with six base configurations for performance management, public financials, public expenditure, treasury, receipts, and civil service management. Financial functions include budget and commitment accounting, appropriations, a Chart of Accounts, and real-time ledger balancing. Spending tools cover purchasing, procurement, grants, social programs, and the purchase cycle. Governments can combine modules, deploy them separately or together, and add functions as reform programs advance. The web-based, Java-powered platform supports centralized, decentralized, or hybrid models, with on-premises, private, public, community cloud, and shared-services options. It supports integration with government information systems, including financial and HR systems, and 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.

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