The Finance Department of Andhra Pradesh has awarded a multi-year contract worth Rs. 185 crore to NIIT Technologies on Monday.

NIIT Technologies will work undertake a host of service improvements across its different functions of public financial management in order to improve the overall efficiency of the department and to improve the user experience with the service, according to the company.  The contract is a part of the larger Comprehensive Financial Management System project.

The computer education giant will introduce a SAP-based solution to offer an easy interface and an efficient electronic information sharing mechanism, allowing the divisions to work together with the Finance Department in the southern state.  The Comprehensive Financial Management System is an integrated, scalable, secure and user-friendly system for service oriented firms.

Arvind Mehrotra, President- Asia Pacific NIIT Technologies, said, "The current decentralised department will gradually move to a comprehensive and centralised integrated financial management system."

The departments of Government of Andhra Pradesh, Directorate Treasury and Accounts, Directorate Works and Accounts, Pay and Accounts Office Hyderabad, other departments, employees and pensioners will have to work together to make sure that the public financial management in the state is effective.