Easy understanding of GeM, Fund,s Flow

1. PAYMENT SYSTEM

2. PAYMENT SYSTEM IN GeM
1. IDENTIFICATION OF GOODS ON GeM
2. ADMN APPROVAL FROM C.A. 3. PLACEMENT OF SUPPLY ORDER
4. GENERATION OF SANCTION ORDER,
CONTRACT AGREEMENT, SUPPLY ORDER
5. BUDGET GET BLOCKED
6. INVOCE 7. DELIVERY
8. PROVISIONAL RECEIPT CERTIFICATE-
WITHIN 48 HRS.
9. CONSIGNEE RECEIPT
ACKNOWLEDEMENT CERTIFICATE-
WITHIN 10 DAYS FRM DELIVERY
10. PAYMENT ADVICE ON GEM 11. DDO ON GeM
12. PFMS