Federal Board of Revenue (FBR) has launched a project for the automation of various work processes involving financial and material management in the organisation. Under the project expected to be completed within 15 months, various work processes, including budget management system, accounts expenditure management system and material management, would be configured and customised to meet the FBR requirements.
The system after its completion at the FBR Headquarters would also be replicated in the field offices and formations. Speaking at a ceremony to mark the launch of the project at the FBR House Monday, FBR Chairman Sohail Ahmad hoped the project would enable FBR to execute real-time internal financial controls and ensure transparency, efficiency and enhanced decision support.
The system under which supported procurements will have electronic linkages with Ministry of Finance and AGPR Office will also go a long way in extending FBR's visibility beyond the bounds of the organisation through an interface with PIFRA system and future expansion. Besides, it will ensure end-to-end automated business processes, real-time integration, flexible, real-time reporting, interfacing and best practices that are the hallmark of efficient organisations.-PR