Page 70 - CA Sri Lanka Integrated Annual Report 2023

VALUE CREATION REPORT

SME TASK FORCE

Over the last four years, CA Sri Lanka has supported the capacity development of Small providing accessible and relevant
and Medium Enterprises (SMEs) through the SME Task Force established in 2020. resources to SMEs. Regular updates
Assistance provided by SME Task Force extends from finance and accounting literacy ensure that SMEs have access
enhancement to providing a voice and seeking out opportunities for SME stakeholders. to the latest information and best
During the year under review, the SME Task Force has dedicated itself to strengthening practices to support their growth and
the SME sector as a key contributor to the country’s economy. Senior members of sustainability.
CA Sri Lanka voluntarily mentor SME stakeholders empowering them to improve their
finance, governance, bookkeeping and overall management practices.

Performance Highlights is crucial for disseminating knowledge
h Launched a Financial Literacy and updates relevant to SMEs.
programme across three major cities
for Global Entrepreneurship Week h Resource Development
2023. Updating the information booklet
for SMEs in bilingual format (Sinhala
h Organised a capacity-building
programme to commemorate United and Tamil languages) is essential for
Nations Micro Small and Medium
Enterprises (UNMSME) Day on Future Outlook
27th June 2024 under the title
“MSME Seminar” to commemorate The SME Task Force is forging ahead with fresh strategies to improve financial
UNIMSME. understanding. By partnering with the Ministry of Education, they are rolling out
programmes in schools to teach children about money through entrepreneurship.
Strategic initiatives Additionally, they are consistently strengthening efforts to promote financial literacy
h Information Dissemination and empower small businesses with better money management skills.
Organizing events and circulating
information through various channels,
including the SME Task Force network

DIGITAL TRANSFORMATION (ICT)

The ICT Division at CA Sri Lanka has been a driving force in improving the efficiency Strategic Initiatives
and sustainability of the Institute. Through strategic implementation of cutting-edge h Enterprise Resource Planning
technology and digital transformations, the has enhanced the technology infrastructure System (UniEx: Unifying
of the Institute that supports students, members and faculty management. In a fast- Excellence) Launch
paced and dynamic business environment, the has navigated CA Sri Lanka to maintain
its pioneering leadership through platforms that support the organization's mission of The introduction of UniEx marks
serving stakeholders effectively and efficiently. a significant strategic initiative
that aimed at integrating various
Performance Highlights business processes into a unified
system. This enterprise-wide ERP
h Significant growth in ICT infrastructure capabilities. is designed to enhance efficiency,
h Improved network responsiveness and security. collaboration, and decision-making
across all departments, ultimately
h Successful introduction of an online on-demand examination reservation system. serving stakeholders more effectively.
Successful implementation of
h Integration of new functionality on the TAGS platform.
UniEx requires meticulous planning,
h Implementation of e-business cards for CA Sri Lanka staff. stakeholder engagement, and
robust change management, with
h Deployment of a new ICT help desk ticketing system. benefits including improved resource
h Collaboration with banks to enhance security for the Internet Payment Gateway. utilization, cost savings, heightened
data accuracy, and increased agility in
h Implementation of a state-of-the-art Zoom event platform. dynamic business environments.

68 CA Sri Lanka Integrated Annual Report 2023