Page 70 - 2596-CA SR Lanka- Annual Report 2022

VALUE CREATION REPORT

Digital Transformation (ICT)

Stakeholder Value Creation Scorecard Strategic Imperative On the training front, the 365 Business
Central (ERP) solution equipped
Members Globally Aligned with a dynamic training module was
Corporates implemented to give students the
Regulators opportunity to access their IT Training
at any time from anywhere. A new
Meanwhile, given the increasing number forecasting tool was also rolled out to
CA Sri Lanka’s digital transformation of students and members requesting for forecast students’ expectations for IT
journey which began over a decade ago digital alternatives to settle their exam training examinations.
has gathered significant momentum in fees and pay subscriptions, CA Sri Lanka
recent years driven by the Institute’s partnered with a number of leading The SAGE ERP rollout was completed
ambition to position itself as a world class banks to introduce a variety of digital in 2022 to support the dual objectives
professional accounting body. Some payment solutions to help students and of providing a better user experience
notable strides were made on the digital members to perform these transactions for students and members as well as to
front in 2022, to bring CA Sri Lanka closer with ease. For the added safety of derive internal cost efficiencies. As part of
to this goal. students and members making online the overall efficiency programme, internal
settlements through the corporate process digitisation initiatives were further
The second phase of the branch website, the CA Sri Lanka Internet expedited leading to the automation of
modernisation programme was completed Payment Gateway (IPG) was migrated the training agreement request process
in 2022, with the ICT infrastructure at to a new platform supported by the for both the audit and non audit sector
the CA Sri Lanka Kandy branch fully latest information security protocols. and facilitate supervising member change
revamped. The revamp included a new Following this migration, the IPG was request process, issuance of the soft
fully fledged IT lab and other modern integrated with the CA student and copy of the training agreements for
facilities to provide students with a world member databases to enable dynamic students, expansion of the TAGS online
class learning experience. Apart from updating of subscription payments reporting platform for corporates and
this, the functionality of the student portal to the respective student / member the introduction of an online portal to
was further enhanced with the online accounts. The CA Sri Lanka corporate capture inquiries at CA Sri Lanka and the
examination application and admissions website was updated with a new portal SAB Campus in order to identify potential
system which was previously offered offering direct connectivity to the CA leads.
only for Business Level examinations Sri Lanka database of Board Ready CA
being extended to all other exams as Female Members.
well. Additional system changes were
also made to give students the flexibility
to schedule examinations at a centre
convenient to them.

IT lab at Kandy branch Ceremonial Launch of the website of the Directory of the Board ready female member of CA Sri Lanka

68 CA SRI LANKA | Integrated Annual Report 2022