Know About PFMS?

PFMS is facilitating Payments and Exchequer Control, Direct Benefit Transfer (DBT), Monitoring fund flow mechanism, Accounting of Receipts (Tax and Non-Tax), Compilation of Accounts and Preparation of Fiscal Report, and Dissemination of Information. It has established interface with financial management system of states, banks, and other external systems. The Public Financial Management System (PFMS) has evolved as a robust web-based online system designed, developed, owned, and implemented by the O/o CGA.

The system provides modules for end-to-end digital payments, collection of receipts, accounting, reconciliation, and financial reporting. Besides, PFMS has been providing a robust IT platform for more effective cash management in the Gol through "Just in time" transfer of funds and complete tracking of realization of funds from its release to its credit into the bank account of intended beneficiaries.

We provide the PFMS Automation interface between core banking system and PFMS platform for atomise the processing of account validation (AV) file. Our interface will automatically download the inward file and submit to CBS for verification and pull the response form CBS and submit to PFMS platform.