# FreeBalance

> FreeBalance develops government financial management software and provides advisory, implementation, support and training services. Its modular Accountability Suite helps public institutions plan budgets, control commitments, manage spending and revenue, and report on public money.

- **Founded:** 1984
- **Headquarters:** Ottawa, Canada
- **Products:** FreeBalance Accountability Suite, FreeBalance Accountability Platform, Government advisory services, Implementation and sustainability services, FreeBalance Academy
- **Notable:** Fortieth anniversary in August 2024., Selected for Micronesia’s national and four-state FMIS in 2024., Bougainville signed a US$4.19 million, three-year implementation contract in July 2025.

## Products & services

- **FreeBalance Accountability Suite** — Modular government resource planning software covering performance, financials, expenditure, treasury, receipts and civil service management.
- **FreeBalance Accountability Platform** — Java-powered, web-based foundation supporting configuration, shared components and flexible deployment.
- **Government advisory services** — Public finance reform sequencing, institutional modernization and policy-to-budget alignment.
- **Implementation and sustainability services** — Configuration, integration, acceptance, ongoing support and civil service capacity building.
- **FreeBalance Academy** — Public financial management and product training for public servants.
- **Transparency portals and dashboards** — Tools for publishing fiscal information and examining government financial performance.

## Achievements

- Fortieth anniversary in August 2024.
- Selected for Micronesia’s national and four-state FMIS in 2024.
- Bougainville signed a US$4.19 million, three-year implementation contract in July 2025.

## Latest updates

- **2026-06** — Announced plans for FISC 2026 in Trinidad and Tobago in November, including planned demonstrations of budget forecasting, fraud detection and decision support AI capabilities. Dates remained to be confirmed in the announcement.
- **2026-01** — Published an analysis arguing that AI-era public service reform requires a dependable fiscal core.
- **2025-07** — Bougainville signed its three-year Accountability Suite contract, including Academy capacity building and one year of Hypercare support.

## Links

- Website: https://freebalance.com
- LinkedIn: https://www.linkedin.com/company/freebalance/
- Twitter/X: https://twitter.com/freebalance
- Facebook: https://www.facebook.com/freebalanceinc

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Profile page: https://yespress.io/freebalance
Published by YesPress — https://yespress.io
Last updated: 2026-10-06