Computerized Financial Management System
Under the Institutional Development component, PMDFC developed a computerized software for the maintenance of TMA accounts, which are currently being maintained manually. So far Computerized Financial Management System has been installed in Phase-I (34) TMAs and the process is started to install this system in remaining TMAs of Punjab excluding city district governments. CFMS was developed keeping in view the current process of budgets and accounts in TMAs and can generate reports identical to the reports produced manually. In order to use this system, PMDFC provided hands on training to the TMA staff and also provided computers, printers, and UPS to these TMAs.
