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Home News

5 Benefits of E-SPV Over Manual Payment System

October 2, 2017
in News
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Gogspv is a Government of Ghana Electronic Salary Payment Voucher (E-SPV), designed exclusively for SPV Return Officers of all ministries, departments and agencies (MDAs).

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It is an intelligent E-SPV Return System introduced and managed by the Controller and Accountant General’s Department (CAGD).

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The GoGSPV which was created on 20th November, 2013, with the aim of  improving service delivery on the payroll, complements the GoGPayslip which is used by public workers to access their salary information.

Just the way the E-Paslip replaced the paper payslips for public servants, the E-SPV replaced the manual voucher system on the part of payment officers.

Among so many other benefits, GoGSPV comes with the following advantages over the old manual payment system:

The E-SPV system was introduced to address issues of bloating of the public payroll and eliminate ghost names associated with the old manual payment voucher system.

The E-SPV gives room for more efficient examination, validation and certification of the payroll before salaries are released thereby promoting the integrity of the payment voucher.

Since the electronic voucher is accessible using ICT (e.i computers and the internet), it definitely makes operations easier and faster compared to the old system where everything is done manually.

The E-SPV boasts ability to validate and certify the payment voucher within 48 hours after data is made available on the system.

Unlike the manual payment voucher which is porous and prone to undue manipulations, the electronic voucher offers a more secure delivery void of leakages.

Just like the ATM card, the E-SPV can only be accessed using a strict individual staff ID and password, which is possessed by only authorized payment officers.

The E-SPV was introduced to reduce high wage bill of public servants and to ensure effective and efficient management of payroll cost by eliminating unauthorised payments.

Unlike the manual system, the electronic salary payment voucher gives heads of departments and HR managers ready access to information for monitoring and controlling payroll cost.

The electronic voucher makes it easier to access payroll information since it can be done anywhere and anytime once there is network coverage.

In addition, Heads of Departments and HR Officers do not need to start looking for previous payroll information among files piled up in shelves and drawers over the years.

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Tags: Alternative educationATMController and AccountanteconomyFiscal policyGenerals DepartmentincomeIncome statementPaycheckPayrollSchool voucherSPVTechnology_InternetVoucher

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