The BIS Finance and Accounts Management module in Batch 3 of the new Manakonline Platform transforms how BIS manages its financial operations, with direct benefits for certification applicants.
BIS currently uses HFMS (Human and Finance Management System) on legacy Java/Struts technology. Certification fee collections and financial accounting have separate systems, creating reconciliation gaps and manual processes.
Certification fees paid through BIS portals (ISI mark, CRS, hallmarking) directly integrated with financial accounting. Real-time payment confirmation with automatic reconciliation — ending the "payment made but not credited" problem that currently delays applications.
Digital tax invoices generated automatically upon payment. No more waiting for manual invoice issuance.
Real-time revenue by scheme, product category, and geography. Management dashboards for BIS leadership on certification fee trends.
Tracking of government grants for standards development, consumer awareness, and laboratory development programs.
For cancelled applications or excess payments: automated refund workflow with digital tracking.
Finance and Accounts Management is in Batch 3 (T+19 months) — same batch as Hallmarking. Prioritized early to enable integrated fee management across subsequent certification batches.