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CAC begins on- line transactions

 

By Dennis Mernyi

SpecialCorrespondent, Abuja

 

For more efficient and enhanced quality of service delivery,the Corporate Affairs Commission (CAC) has commenced on-line transactions ofall its businesses and other operations with the use of electronic workflowthat would replace manual paper based processes.

The commission would now be processing all incorporationjobs from available data entry and scanning of documents to generation ofcertificates by means of the fully integrated web- enabled document managementapplication.

The Registrar General of the commission, Mr. AhmedAl-Mustapha, said in Abuja that the on-line system if fully operational, thepresent five-day durations for the registration of company will be reduced totwo days while the same day registration will be done in two hours.

Describing the previous manual nature of operations of thecommission, which usually resulted to missing of company documents and otherinconsistencies as unfortunate, Almustapha emphasized that the management ofthe commission under his leadership has decided to introduce other programmesthat would transform it into a modern and efficient company registry.

�Because of the non-computerization and thenon-electronic workflow of the operations of the commission in the past theprocess of incorporation and other services which most times results intocongestion, touting as well as some unethical activities, the commissionconsiders the new innovation as the only option to realize our vision�,he stated.

 

 

 

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