With an aim to enhance efficiency in processing of bills/claims, the Union Minister for Finance & Corporate Affairs Nirmala Sitharaman has launched the e-Bill system for Central Government Ministries. In a phased manner, the new system will make the entire process of submission and backend processing of bills completely paperless and transparent. Thus, it is a major step forward in realizing the vision of ‘Digital India’ and promoting ease of doing business.
The objectives of the system are to provide convenience to all vendors/suppliers of the government to submit their bills/claims at anytime, from anywhere; eliminate physical interface between suppliers and government officers and reduce discretion in processing of bills through ‘First-In-First-Out’(FIFO) method.
The e-Bill system has been developed by the Public Financial Management System (PFMS) Division in the office of the Controller General of Accounts in the Department of Expenditure, Ministry of Finance. The bills will be processed by First-In-First-Out (FIFO) method.
In addition to promoting ease of doing business and brining convenience to lakhs of vendors/suppliers, the e-Bill system will be environment friendly, eliminating the need to submit crores of paper bills annually and will thus save tonnes of papers every year. The e-Bill system has an elaborate digital storage facility for retrieval of documents and a robust audit trail.
