The Institute of Chartered Accountants of India (ICAI) has signed a Memorandum of Understanding (MoU) with the Indian Army's Purchase Organisation (APO). This partnership will enable real-time verification of Unique Document Identification Numbers (UDINs) through an Application Programming Interface (API) integrated into the APO's vendor registration process. The aim is to boost transparency, authenticity, and reliability of financial documents certified by Chartered Accountants, thereby improving efficiency and trust within the Army's procurement systems.
The Institute of Chartered Accountants of India (ICAI) has entered into a Memorandum of Understanding (MoU) with the Army Purchase Organisation (APO), Directorate General of Supply and Transport (DGST), Indian Army, Ministry of Defence (MoD), to facilitate real-time verification of UDINs through an Application Programming Interface (API) integrated within the vendor registration process of the Army Purchase Organisation (APO).
The MoU aims to strengthen the transparency, authenticity and reliab
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FAQ :
The MoU aims to facilitate real-time verification of UDINs through an API integrated into the Army Purchase Organisation's vendor registration process, enhancing transparency and reliability of financial documents.
The integration will be done through an Application Programming Interface (API) within the vendor registration process of the Army Purchase Organisation (APO).
The API integration will automate the verification of Chartered Accountant-certified documents submitted by vendors, ensuring authenticity, minimising errors, and mitigating fraud risk.
UDIN stands for Unique Document Identification Number, a system developed by ICAI to promote authenticity and curb malpractices in document certification.
As of now, approximately 9.72 crore UDINs have been generated by Chartered Accountants across India, and over 3.2 crore UDINs have been verified by various authorities.