India Post 2012 Project
DoP invited the bids for the selection of Core System Integrator
What is India Post 2012 Project?
The IT modernisation project, India Post 2012, intends to achieve the following:
I. Wider reach to the Indian populace through more customer interaction channels
II. Better customer service
III. Growth through new lines of business
IV. IT enablement of business processes and support functions
What are the Objectives to be achieved?
Business Priorities of Department of Posts are:
1)Mail Operations 2) Logistics Post 3) e-Commerce 4) Postal Banking Operation
5) Postal Life Insurance 6) Rural Business 7) Finance & Accounts 8) Human Resources
What it says about the Postal Accounts & Finance?
Finance & Accounts: The Postal Accounts & Finance (PAF) function forms the backbone of the
DoP’s products and services. As the DoP plans for the future, it would be important to tread the
path of sustained cost management and devising effective tools for intelligent business
decisions. Some of the objectives are:
a. To move from cash based accounting to accrual based accounting in specific areas of
operations within the DoP
b. To streamline the processes by eliminating duplication of data entry at different levels
c. To bring efficiencies in Inventory management and Procurement with real time validations
against approved budgets
Vision of India Post 2012
India Post 2012 aims at transforming the DoP into a “Technology Enabled, Self Reliant Market
Leader”. This translates into 5 initiatives covering increased market share and revenues, new
products and services, improved service delivery, motivated workforce and rural development.
India Post 2012 intends to build a core set of integrated applications covering key functions such as Mail Operations, Financial Services, Postal Insurance, Finance and HR. India Post 2012 also intends to transform the front and back end of the DoP operations. This re-engineering and improvement of operations and systems is expected to significantly improve service levels and transparency.
What the ‘Proposed Solution Blueprint’ says about Finance and Accounts?
Finance and accounts provide a single view of the financial performance of the DoP and plans to
maintain the accounting records under both accrual and cash system and information on costs and
tariffs. This includes tracking and reporting on budget approvals and fund utilization as per
Government of India guidelines. Finance and accounts also manage the procure-to-pay cycle for
goods and services purchased by DoP including inventory management, budgeting and
procurement, efficient vendor management for payables and receivables to ensure favourable
liquidity position for the department.
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