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FreeBalance: Strengthening public financial management through co-creation

SDGs Impacted

FreeBalance is a technology company providing Government Resource Planning software and advisory services to public-sector institutions. Its systems support public financial management, including budgeting, accounting, reporting, transparency and fiscal governance.

The company operates in environments affected by political transitions, macroeconomic volatility, changing regulations and institutional turnover. To remain responsive to these conditions, FreeBalance developed a co-creation and horizon-scanning model that brings government clients, public finance leaders and governance experts into its product and strategy discussions.

The FreeBalance International Steering Committee enables government users to contribute directly to software roadmaps, while the FreeBalance Ministers Roundtable supports discussion of longer-term policy and fiscal trends. The company also works with international standards bodies, multilateral development banks and public finance associations to anticipate changes in governance and reporting requirements.

FreeBalance integrates these insights into a low-code, progressively updated and cloud-portable platform. The case illustrates how technology providers serving governments can strengthen resilience by combining customer co-creation, regulatory awareness and adaptable digital infrastructure.

Impact / Outcome
FreeBalance supports governments in strengthening public financial management, fiscal governance and digital sovereignty across more than 30 countries. Its co-creation and horizon-scanning model helps align software development with evolving public-sector priorities, regulatory standards and country-specific needs.
Key Metrics
Government customers across more than 30 countries; FreeBalance International Steering Committee established; Ministers Roundtable created; product updates aligned with public financial management standards; low-code and cloud-portable architecture used to support flexible implementation.
Location
Canada
Sector
IT and Communications (ICT)
Intervention lever
Direct government
Operating model
Fully private
Year published
05 November 2026
Organization involved
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FreeBalance
Resilience Playbook Track
Ecosystemic Collaboration and Societal Alignment