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news details
Under Mission Development, JKPaySys ensuring single day payments in J&K treasuries
3/17/2020 10:05:41 PM
Early Times Report

Jammu, Mar 17: Among many of the reforms taken by J&K administration, the business of government treasuries has also been made simple and less hectic. This has been made possible with the help of several IT-based tools and programmes, said the official spokesman here on Tuesday.
He said that the paperwork in the treasuries of Jammu and Kashmir has now been reduced to a greater extent. Instead, the bills are generated and submitted for payment using the help of Information Technology-based platforms.
The IT tool that has been introduced by J&K Finance Department to ease the business and make the transactions smooth and hassle-free is-JKPaySys-- an electronic payment system for disbursing government payments, he said and added that JK Payment System (PayManager) provides the common and integrated platform for DDOs to prepare all types of bills for booking of expenditure.
The software not only provides the facilities for pay bill preparation but also preparation of Arrears, Bonus, and Leave encashment bills, he said.
The spokesman said that it has been initially introduced in nine treasuries including the one in civil secretariat involving around 1300 Drawing and Disbursing Officers (DDOs), transacting their daily business through it.
The system is highly efficient in a way that it lessens the chances of creeping of error into the bill making as it by default conducts the pre-audit of claims raised through it, he added.
He added that besides the budget is also controlled through this system that makes keeping track of the same a single click away from both the DDOs and Pay and Accounts Officers (PAOs). “All this has made the disbursement of payments by the treasuries simple and swift,” he said and added that now no bill remains un-disbursed in the treasuries for more than a single working day, if it is genuine and meets other codal formalities, as claimed by the officials.
The system has enhanced transparency, accountability and accuracy in government transactions and is integrated with other applications of the Finance Department like Centralised Personnel Information system (CPIS), Budget Estimation, Allocation and Monitoring System (BEAMS), TreasuryNet under the Integrated Financial Management System (IFMS), he maintained.
This happens to be the reliant database from which the relevant data is mined for uploading on this platform and is therefore error-free, he said.
The system is more important and beneficial for employees working on government establishment, said the Spokesman and added, “the salary bills of government employees are prepared on this system, submitted online and the bills are processed and disbursed directly into the beneficiaries’ accounts by treasury officers on a real-time basis”. 
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