3/8/07

Singapore extends e-filing system for companies

Singapore’s Accounting and Corporate Regulatory Authority (ACRA) has awarded a S$1.7 million contract to enhance it e-filing system for companies. According to a release from ACRA the US$1.1 million investment will enhance ACRA’s BizFile System with more customer-centric features, as part of ACRA’s focus on providing excellent customer service.

SCS initially designed and implemented BizFile, one of the world’s first online corporate registration and filing systems, for ACRA in 2002.

In 2005, SCS productised BizFile for the international market, naming the system iBizFile. iBizFile was subsequently selected by the British Virgin Islands for their business registration needs in 2006.

“ACRA constantly seeks to improve the BizFile experience for our users to facilitate a hassle-free environment to do business here in Singapore," said Juthika Ramanathan, Chief Executive, ACRA. "By enhancing the navigation and design of the new BizFile system and creating new workflow processes to help reduce operation costs, we at ACRA believe that SCS will deliver a quality, upgraded BizFile system to offer a user-friendly experience.”

Under the new contract additional advanced portal features will be integrated with the existing platform. The enhanced BizFile will be more interactive and highly customer-centric, with a state-of-the-art look-and-feel. In addition, BizFile’s search capabilities will be boosted by an advanced search engine to facilitate online searches of eService transactions by the public.

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