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==Modus Operandi==
The system uses a web-enabled application<ref>[http://cpsms.nic.in CPSMS web portal]</ref>developed in the office of Controller General of Accounts<ref>[http://www.cga.nic.in Website of Controller General of Accounts]</ref>, the apex accounting authority of the Government of India under [[Ministry of Finance (India)]]. In first step, every agency at involved at any tier in the implementation of a scheme (and receiving funds) is registered on the system. Registration involves registration of all the bank accounts of the agency and this information is shared with the respective banks’ [[Core Banking System]] (CBS) for authentication.
Post registration, CPSMS will enable one to one validation or payment authorization of each release of funds, whether in forms of expenditure, advance, or transfer. This would mean that the corresponding instrument number and amount for any release would need to be entered in the system at the time of generation of official sanction, i.e. before the actual transaction. Through the CPSMS-CBS interface, this information would be shared with Banks’ CBS and an instrument of payment will be honored by banks only when the corresponding entry is received through the CPSMS.
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== External links ==
* [http://www.icisa.cag.gov.in/egovernance/session_2/Monitoring%20of%20Plan%20Scheme%20Expenditure_%20Harish%20Srivastava.pdf CPSMS Presentation on website of [[Comptroller and Auditor General of India]]]
* [http://ssa.nic.in/financial-mgmt-docs/minutes-of-23rd-meeting/Annexure%20C%20-%20CPSMS.ppt CPSMS Presentation on website of [[Sarva Shiksha Abhiyan]]]
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