Archive · 5 Sep 2025
Odisha Government Partners with TCS for AI Financial System
The Odisha government is working with Tata Consultancy Services (TCS) to create a new, smart financial system called IFMS 3.0.
This system will use artificial intelligence to help manage the state's money.
It will handle things like budgeting, payments, and tracking money.
TCS will build the system and include an AI tool called AI Workbench to help make decisions.
The system will also feature a chatbot to answer questions.
The goal is to make things easier and more efficient for government workers, allowing them to make better decisions based on real-time data, ultimately improving public services.
The Odisha government has selected TCS to implement an AI-enabled Integrated Financial Management System (IFMS) 3.0.
The system aims to automate public finance workflows in Odisha.
TCS will implement its AI Workbench as part of the project.
The system includes features like a multi-lingual chatbot.
IFMS 3.0 unifies budgeting, payments, receipts, and accounts.
- Who
- Odisha government and Tata Consultancy Services (TCS)
- What
- TCS will design and implement an AI-enabled Integrated Financial Management System (IFMS) 3.0.
- When
- Implementation details are not explicitly mentioned in the article, but it was announced on September 5, 2025.
- Where
- Odisha
- Why
- To automate public finance workflows and improve public service delivery.
- Organization
- Odisha Government, Tata Consultancy Services (TCS)
- System Name
- Integrated Financial Management System (IFMS) 3.0
- Technology
- AI-enabled
- Functionality
- Automates public finance workflows
- TCS Role
- Design and implementation
- Features
- AI Workbench, multi-lingual chatbot