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Functions of IFMS

  • Provision of better fiscal and financial management of the State.
  • Integration of financial activities of all Departments, Offices and Treasuries of the State Government for better fund management.
  • Provision of real time MIS facility and reporting systems for all stakeholders and offices for enabling process monitoring and performance review of their own offices and Sub-ordinate Offices 24x7.
  • Development of a comprehensive database comprising information on financial and human resources related details, transactions and status.
  • Enabling field level officers to monitor availability of fund and its utilization.
  • Ensuring transparency in fund management and eliminate rent-seeking.
  • Making the process of financial management and payment procedures convenient for users, stakeholders and beneficiaries by reducing paper work and visits to Treasuries/ PAOs by DDOs and beneficiaries to offices of DDOs.