Home / Knowledge / News / Information Technology / Govt selects FreeBalance TMIS & HRMIS software
Govt selects FreeBalance TMIS & HRMIS software
28
Dec '09
FreeBalance, a For Profit Social Enterprise (FOPSE) software company that helps governments around the world to leverage robust Government Resource Planning (GRP) technology to accelerate country growth, has been selected to provide an integrated Treasury Management Information System (TMIS) and Human Resource Management Information System (HRMIS) to the Government of Kyrgyz Republic.

The implementation will be undertaken in five phases. On completion, the FreeBalance Accountability Suite will be implemented in over 100 sites, including all central government ministries, agencies, departments, line ministries and regional treasury offices. FreeBalance software will also be implemented in 3,000 state agencies/budget organizations. The payroll system will manage a civil service workforce of 76,000 employees. The integrated TMIS and HRMIS project is a turnkey implementation of FreeBalance commercial off-the-shelf software and includes hardware and services. FreeBalance is partnered with Telecommunications Consultants India Ltd. (TCIL) and Unique Technologies on the delivery of this project.

“The Government of the Kyrgyz Republic is committed public expenditure reform that will establish a more strategic and transparent budget formulation and budget execution process,” said Mr. Zulpuev, Director of the Central Treasury and Deputy Minister of Finance of the Government of the Kyrgyz Republic. “The introduction of integrated planning solutions as part of the reform process positions our Government to affect change and provide new levels of accountability and value to our citizens.”

The Kyrgyz Republic is actively undertaking a wide-ranging reform process aimed at raising the government's potential for economic improvement. The integrated TMIS and HRMIS project is seen as a critical step in this process. Public sector reform programs in the Kyrgyz Republic are supported by a Governance Structural Adjustment Credit (GSAC) from the World Bank's International Development Association (IDA). The GSAC designed to enhance the transparency, openness and accountability of the public sector to external stakeholders and to improve government effectiveness and efficiency.

“The Government of the Kyrgyz Republic recognizes that transparency, openness and accountability can improve citizen, development partner and business confidence,” said Manuel Pietra, President & CEO of FreeBalance. “The integrated global economy rewards countries who improve transparency.”

The Treasury Management Information System (TMIS) will improve government efficiency, decision-making, cash management and budget execution. Integrated budget management will ensure that all government budgets are executed based on government priorities. Faster reporting of budget execution at all levels of the government will ensure better use of cash. It will provide civil servants with accurate information to improve development results. The Human Resources Management Information Systems (HRMIS) will enable civil service reform and increase human capacity within the government. Effective human resource management systems will assist in the improved professionalization of the civil service through setting standards, training programs for personnel development and assessing progress.

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search