System to help fin dept make paperless budget approved
The adoption of the IFMS was recommended by the union minister of Electronics and Information Technology to simplify departmental operations, enhance transparency, and make processes as paperless as possible.
Officials stated that once the IFMS is implemented, the process of creating budgets will become simplified and paperless. Instead of manually making and submitting proposals, various departments will be able to do so online.
In due course, the department will develop a dashboard to operate a Management Information System.
This system will aid in making informed and accurate decisions. It will also include a vendor management system, which will be useful in maintaining a repository of vendors.
This can be utilised by other departments as well. Vendors will also be able to track payments for their work through the platform.
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Lucknow: The state cabinet approved a proposal to engage the Centre for Development of Advanced Computing (CDAC) to assist the state finance department in adopting the Integrated Financial Management System (IFMS). The adoption of the IFMS was recommended by the union minister of Electronics and Information Technology to simplify departmental operations, enhance transparency, and make processes as paperless as possible. Officials stated that once the IFMS is implemented, the process of creating budgets will become simplified and paperless. Instead of manually making and submitting proposals, various departments will be able to do so online. In due course, the department will develop a dashboard to operate a Management Information System. This system will aid in making informed and accurate decisions. It will also include a vendor management system, which will be useful in maintaining a repository of vendors. This can be utilised by other departments as well. Vendors will also be able to track payments for their work through the platform.
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