Social security provider now activates Sh300m IT system

PHOTO | DIANA NGILA | FILE The NSSF's office building in Nairobi.  NATION MEDIA GROUP

By NATION REPORTER
Posted  Sunday, December 16  2012 at  19:32

In Summary

• According to the fund’s managing trustee, Mr Tom Odongo, the Sh300 million system has been activated at the fund’s head office before progressively being rolled out across the branch network countrywide

The social security provider has activated a new technology system to upgrade its operations.

The new system, dubbed SAP Enterprise Resource Planning (ERP), will also help the National Social

Security Fund (NSSF) on real-time management across its core business functions.

According to the fund’s managing trustee, Mr Tom Odongo, the Sh300 million system has been activated at the fund’s head office before progressively being rolled out across the branch network countrywide.

“By migrating from our manual systems to an enterprise-wide ERP system, we are making a historic shift from the inefficient NSSF of yesteryears to a modern NSSF which provides value to its members through centralised modern IT systems,” he said.

The ERP system is also expected to play a key role in the realisation of NSSF’s pledge to reduce its member benefits payout, raise its integrity level, reduce organisational leakages and cut administrative costs as the fund gears up for its corporate conversion into a pension scheme.

NSSF is expected to deal with business challenges in areas such as finance, human resource management and in its core operational functions such as tenant purchase scheme management, members’ funds management, projects and fleet management.

“NSSF is a fund valued at more than Sh116b and cannot afford to continue using inefficient and obsolete information systems,” said Mr Odongo.