Puducherry

Jipmer launches software to streamline research funding

Jipmer Director S.C. Parija introduces SFACTS, a fund based software, for handling research funds.— Photo: Special Arrangement

Jipmer Director S.C. Parija introduces SFACTS, a fund based software, for handling research funds.— Photo: Special Arrangement  

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With the aim of increasing efficiency, transparency, accountability and processing of bills and improving overall research activities, the Jipmer has introduced software that will help streamline funding for its numerous research projects.

Jipmer Director Dr. S.C. Parija launched SFACTS, a fund based software, developed by Sthira IT Solutions. The software has been implemented in some of the premier research and academic institutes in India.

Jipmer, which has numerous research projects both extramural (funded by external agencies both domestic and foreign) and intramural (funded by the institute), is increasing its focus on research after the creation of a new research division under an initiative of Dr. Parija.

In fact, there is a substantial increase in focus on research and for the current financial year 2015–2016 extramural grants to the tune of Rs. 4 crore and intramural grants to the tune of Rs. 2.5 crore have been received by the institute.

Besides streamlining research, the software is also expected to contribute to the efficient and productive utilisation of the manpower in the field of research and to the customised report generation for statistical purposes.

The software has been formulated based on Government of India guidelines and rules with respect to research related financial activities in line with accounting standard governed by ICAI (Institute of Chartered Accountants of India). A robust internal control system involving all stakeholders in a closed loop system is an added feature.

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Printable version | Dec 12, 2019 4:15:21 PM | https://www.thehindu.com/news/cities/puducherry/jipmer-launches-software-to-streamline-research-funding/article8186661.ece

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