The Design And Implementation Of The Housing Provident Fund Informationization System

As a major part of Chinese housing welfare system, housing provident fundplays a more and more important role in meeting people’s needs of purchasing houseswith its constant development and perfection. However, the issue of poor managementand backward measures, such as overdependence on banks in core business, sluggishdata collection, delayed supervision of branches, nonstandard calculation, high capitalcost, low fund utilization and unsatisfied service, etc., are becoming increasinglyprominent. These issues become the main obstacles of the development of housingprovident fund. Therefore, the informationization of housing provident fund hassignificant meaning in management improvement, enhanced fund management andsupervision, high fund utilization, better anti-risk capability and the realization ofhousing provident fund’s value maintenance and increase.Based on the actual condition of Housing Provident Fund Management Center inWeihai, this article proposes a general solution project for the reform of itsinformation management system. With the application of workflow, the project isflexible in practice. The article also provides detailed illustration and explanation forthe workflow design of state machine, the definition of time arcs and categories ofprocess node.The system is capable of dealing with all kinds of businesses with high efficiency.It can be more specific, to save human resources and increase working efficiency andaccuracy. Thus, the application of the system would enhance the competitiveness ofHousing Provident Fund Management Center in Weihai.