The Inland Revenue Department, Ministry of Finance and Planning and the Sri Lanka Customs are moving towards the automation of its core business processes in a bid to improve the transparency and financial flexibility in the Government.

The Inland Revenue Department’s “Revenue Administration Management Information System” (RAMIS) is a joint effort with the Asian Development Bank as part of its on-going Financial Management Efficiency Project.

The project entails the automation of the Inland Revenue’s business processes in order to address inefficiencies in the current revenue management system. This will lead to a more accountable system for increasing revenue collection by enabling access to timely and accurate information needed for crucial decision making.

Meanwhile, the Ministry of Finance and Planning will be introducing an Integrated Treasury Management Information System which will automate key departments of the Finance Ministry and will cut across various functions of general treasury activities, thus ensuring proper and effective management in revenue administration and integrated treasury operations.

Furthermore, Sri Lanka Customs is now at the final stages of its paperless clearing system installation. According to an official statement, the new paperless clearing system will help Customs authorities ensure that legitimate trade is facilitated with minimum delays and at minimum costs at the country’s major port of entries.