Initiates OnTime Technologies in Mahavilachchiya

OnTime Technologies (Pvt.) Limited in Mahavilachchiya, a village located in the North Central Province, is Sri Lanka’s first recorded rural BPO. The company works as a service provider to Infomate Private Limited (a subsidiary of John Keells Holdings PLC) and carries out transaction processing, as an extension of Infomate’s role of captive finance and accounting service provider for the John Keells Group. This ground-breaking project in the local BPO industry was initiated by John Keells Social Responsibility Foundation together with the Foundation for Advancing Rural Opportunity (FARO) in March 2007. The immediate objective of the project was to create sustainable employment for talented rural youth, enabling them to work from the familiar environment of their own village and thereby stem the need for urban migration with its resulting economic and social repercussions. The long-term vision of the initiative is to create BPO capacity for Sri Lanka’s future outsourcing growth.

Deutsche Bank helps John Keells streamline its payment processes in Sri Lanka

Deutsche Bank today announced the implementation of a hybrid payment solution for Sri Lankabased John Keells Holdings PLC (JKH) that will streamline the company’s payment processes managed by its shared service centre, Infomate (Pvt) Ltd. As a wholly-owned subsidiary of JKH, Infomate (Pvt) Ltd. serves as a shared service centre for JKH and its businesses. With USD1.45 billion in market capitalisation*, JKH is the largest listed conglomerate on the Colombo Stock Exchange. JKH specialises in numerous sectors including food and beverage, transport, leisure, information technology, business process outsourcing, financial services, property development, plantation and investor services.

Infomate innovates: a case study in innovative solutions for shared services

Infomate Pvt Limited (www.infomateworld.com) was incorporated in May 2005 as a captive shared services centre for the USD 1.6 billion John Keells (JKH) Group (www.keells.com). JKH is a highly diversified conglomerate with business interests in leisure, transportation, property, IT, broking, financial services, consumer foods and retail. The objective of Infomate was to transition and migrate the Group’s accounting and payroll functions to a shared services environment and achieve efficiencies in the finance functions of the Group. Infomate employed the Group’s SAP platform in order to provide accounting services to the 60+ companies of the JKH Group located across Sri Lanka, together with Maldives and India. Infomate was the first shared services centre in the country.

Successful shared services in Sri Lanka

Sri Lankan accounting and payroll organisation Infomate has set up the first rural BPO in the country, coupled with a successful CSR initiative. Insight editor Adrian Clifton spoke to the company’s CEO, Jehan Perinpanayagam FCMA, about how CIMA played a key role in this success. What CIMA skills have been key to setting up and growing the business? Infomate is a subsidiary of John Keells Holdings PLC (JKH), Sri Lanka’s largest listed conglomerate. We provide a range of accounting services to both JKH subsidiaries and third party clients in Sri Lanka and Europe. Being in the finance and accounting space, having the right supply of talent and skill sets is a key requirement. The CIMA syllabus covers every facet of business, from IT, management, law, sales and marketing, as well as management accounting. It provides a solid foundation for much of what you would encounter in an organisation. Getting through CIMA requires a good standard of English, lateral thinking and all round ability, and hence is instantly recognised as a certificate of worth. It is also well known in several key markets and by clients.

ICTA vision and e-society program

Information and Communication Technology (ICT) has a significant impact on the lives of people- bringing them closer together, making differences less important and amplifying economic activity and growth. However, rural Sri Lanka, where nearly 70% of the population lives, is yet to profit from these developments. The overall goal of the e-society programme is to promote the innovative use of ICT to meet the social and economic needs of the most vulnerable communities in Sri Lanka; to develop approaches to scale up successful applications; and to empower civil society with affordable access to information, communication, and relevant local content.

SL featured as shared services thought leader

The incorporation of shared services, outsourcing and increasingly global business service models, have led to new questions arising on how delivery centers can best support the value creation agenda. This is particularly true for global finance functions as they seek to become even more efficient and effective partners to the organization in their “go for growth” strategies. The ACCA Finance Shared Services and Outsourcing Summit 2013 organized by ACCA Malaysia and held at Inter Continental Kuala Lumpur recently featured expert insights and case studies on changes affecting finance shared services and outsourcing delivery, and the impending challenges to be expected by finance professionals. The event was well attended and saw participation of a large number of finance professionals from South and South East Asia.

John Keells engages rural youth in sustainable BPO business

As we entered Mahavilachchiya, a former ‘border village’ in the North Central Province, complete with its lush vegetation and humid atmosphere, I couldn’t help but notice the many signs of the slow but steady development in progress. Situated about one hour away from the city of Anuradhapura, this little hamlet, adjacent to the Wilpattu National Park, has come a long way from what it was during the conflict, and is now the epitome of tranquillity.

Initiates OnTime Technologies in Mahavilachchiya

OnTime Technologies (Pvt.) Limited in Mahavilachchiya, a village located in the North Central Province, is Sri Lanka’s first recorded rural BPO. The company works as a service provider to InfoMate Private Limited (a subsidiary of John Keells Holdings PLC) and carries out transaction processing, as an extension of InfoMate’s role of captive finance and accounting service provider for the John Keells Group. This ground-breaking project in the local BPO industry was initiated by John Keells Social Responsibility Foundation together with the Foundation for Advancing Rural Opportunity (FARO) in March 2007. The immediate objective of the project was to create sustainable employment for talented rural youth, enabling them to work from the familiar environment of their own village and thereby stem the need for urban migration with its resulting economic and social repercussions. The long-term vision of the initiative is to create BPO capacity for Sri Lanka’s future outsourcing growth.