RAWALPINDI: The Rawalpindi Development Authority (RDA) has taken an important step towards improving transparency and efficiency by signing a Memorandum of Understanding (MoU) with the Financial Accounting and Budgeting System (FABS), Office of the Controller General of Accounts (CGA).
Under this agreement, a fully digital payment and financial management system will be introduced in RDA offices.
According to an RDA press release, the new system will use SAP ERP, a globally recognised enterprise resource planning software, to manage all financial transactions, budgeting, and payments.
The initiative aims to digitise and automate RDA’s financial operations, improve transparency, strengthen internal controls, reduce manual processes, and provide real-time financial reporting for better decision-making.
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A senior RDA official said this step will help ensure modern governance and accountability while improving service delivery.
The introduction of the SAP ERP system reflects RDA’s commitment to adopting advanced technology for financial reforms.
It also supports the government’s vision of promoting e-governance, transparency, and accountability in public-sector institutions.
The signing of the MoU marks a major milestone in RDA’s journey towards digital transformation and modernisation of its financial management system.
