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The EPF has
decided to re-structure itself to provide a much more
efficient service to all its stakeholders. Being a great
venture the re-structuring of the business process will
be done in several stages.
1. Divisional
Improvement Projects
2.
Development of the new website
3.
Implementation of a new software package for Accounting
and Investment Management
4.
Development of a corporate plan and setting up of new
divisions
5.
Re-registration of EPF members
6.
Implementation of a Provident Fund Software System for
all the EPF functions
The main
focus of the re-engineering project is to introduce the
new corporate plan, centralize the information and to
make the whole business process much more efficient. The
member Identification Number will be reissued and the
total internal process of the EPF will be automated to
provide a much better service. The member information
will be updated and will be centralized for the benefit
of all stakeholders namely the members, employers, EPF
Central Bank, Labour Department and the district
LabourOffices. Once the new IT system is implemented the
members will be able to interact directly with the EPF
through the use of the new web site giving them the
opportunity to inquire about their account balance and
to resolve their problems more effectively.
Thus through the new re-engineering plan, the EPF will
turn a new leaf by renewing itself for the betterment of
the member and the employer.
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