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NIIT Technologies secures Rs 185 crore financial management contract

Will help Andhra Pradesh govt to transform from current public finance systems to a futuristic world class enterprise solution

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Priya Nair Mumbai
Last Updated : Apr 22 2013 | 4:27 PM IST
NIIT Technologies has signed a multi-year Comprehensive Financial Management System (CFMS) contract with the Finance Department of Andhra Pradesh. Under the CFMS project the department will undertake a series of service improvements across all the functions of public financial management to enhance the overall efficiency and end user experience.

With this initiative, NIIT Technologies will help Andhra Pradesh government to transform from its current public finance systems to a futuristic world class enterprise solution. As a part of the project a SAP based solution has been introduced to provide seamless interface and an efficient electronic information sharing mechanism which will enable all the internal departments to work cohesively with the Finance Department.

P V Ramesh, IAS Principal Finance Secretary ( R & E), Government of AP said, the government is keen to modernise its current public finance systems and the streamline the process.

By using CFMS the current decentralised department will gradually move to a comprehensive and centralised integrated financial management system, said Arvind Mehrotra, President- Asia Pacific NIIT Technologies.

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First Published: Apr 22 2013 | 4:24 PM IST

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