Integrated Financial Management System (IFMS), Haryana

Integrated Finance Management System (IFMS) is the latest development in the Finance Department of Haryana Government in the direction of making financial system more efficient, transparent and user friendly. IFMS is integration of different activities involved in preparation, execution, accounting and reporting of budgetary information. The whole system has been computerised leading to complete automation of financial management processes andhas eliminated the duplication of efforts in maintaining information and bringing in consistency in decision making by sharing information

The present paper is an attempt to have a deep insight into this new system of financial administration. The data has been collected frombudgetary documents and information available at the web sight of Finance Department of Haryana Government. Primary information has been collected through discussions with Government officials in Finance Department.