NIIT Technologies, a leading global IT solutions organization has signed a multiyear Comprehensive Financial Management System (CFMS) contract worth Rs 185 crore with the Finance Department of Andhra Pradesh. Under the CFMS project the department will undertake a series of service improvements across all functions of public financial management to enhance the overall efficiency and end user experience.
With this initiative, NIIT Technologies will help Andhra Pradesh government to transform from its current public finance systems to a Futuristic World Class Enterprise Solution. As a part of the project a SAP based solution has been introduced to provide seamless interface and an efficient electronic information sharing mechanism which will enable all the internal departments to work cohesively with the Finance Department.
NIIT Technologies is a leading IT solutions organization, servicing customers in North America, Europe, Middle East, Asia and Australia. It offers services in application development and maintenance, managed services, IP Asset or platform solutions, and business process outsourcing to organizations in the financial services, travel & transportation, manufacturing/distribution, healthcare and government sectors.