1.

0 Introduction
Business process and data analysis is an analysis approach that assists with expanding the skill
ability and viability of a process. It surveys how well the process accomplishes its remaining
goal. Business process and data analysis recognizes and appears at all elements of the structure,
consisting of the process itself, the participating parties, the information exchange, and others. In
like way, it can assist understand potential enhancements in the process, making it less difficult
to finish a re-designing hobby sooner or later down the line (Rishii, 2014,). Each business needs
to constantly determine its processes and remember a way to improve them. As the time goes,
new innovation opens up, making the as-is process out of date or simple to enhance. Or however,
the as-is process might be spending this type of massive range of assets, or basically be wasteful
due to obsolete innovation (Chen, 2016). This is while business process and data analysis proves
to be useful. It permits EPF Board Sri Lanka to have an exceptionally careful and factor with the
aid of factor take a gander at the process and its elements and understand how it very well can be
improved. Business process and data analysis is a method to realise the steadiness of diverse
responsibilities interior a business to enhance process effectiveness. It's a selected strategy in the
greater enormous putting of business process management to analyse whether or not current
processes are meeting their goals. Utilising business process and data analysis reasons EPF
Board Sri Lanka understand the unfavourable components in an interest and distinguish how to
triumph over obstacles (Chen, 2016). Without a legitimate analysis, the groups will burn via a
top notch deal of time and exertion taking care beside the point troubles or converting beginning
with one programming then onto the following. Facts analytics is a sport changer. Companies
which have just understood its latent potential and embraced it are harvesting big advantages.
Big information analytics consists of the audit of great informational collections to installation
affiliations, patterns, and examples (Chen, 2016). On the other facet, business processes are the
strategies used to create and produce work. Good sized information analytics in business process
management controls right into a floor-breaking affiliation development system.

2.0 Organizational Background – EPF Board Sri Lanka

The Employees Provident Fund (EPF) turned into installation underneath the Act No. 15 of 1958
and is currently the biggest Social safety Scheme in Sri Lanka. With an asset base of Rs.
2,289billionas at quit 2018, the EPF is a chunk "actual feelings of serenity" for the
representatives of organizations and foundations of the personal quarter, nation subsidized
groups, Statutory boards and private Business. The factor of the EPF is to guarantee budgetary
solidness to the representative in the iciness of life and to compensate the worker for their job in
the monetary improvement of the country. Being the biggest Social safety Scheme in Sri Lanka
and having over Rs. 2,289 billion of benefits, the EPF can assure EPF Board Sri Lanka a
sheltered and strong destiny. The administrative a part of the EPF is looked after by means of the
hard work branch of Sri Lanka at the same time as the management of the property is dealt with
through EPF division of the vital financial institution. As in step with the EPF Act, a consultant
is needed to contribute as a minimum eight percentages and the commercial enterprise at the
least 12% of the complete reimbursement of the worker month to month. The EPF balance
continues growing as EPF Board Sri Lanka develop at the administrative centre as the entire
equalization to the EPF account, which is stored up with the aid of the valuable bank, and is put
resources into Treasury payments, Treasury Bonds, fairness, company Debentures and Rupee
Securities and so forth. Contingent upon the tempo of go back.

3.0 Task One

3.1 Current Business process of EPF Board Sri Lanka
This business process of EPF Board Sri Lanka is an assortment of related undertakings which
find out their end inside the conveyance of a help or item to a customer. A business process of
EPF Board Sri Lanka has likewise been characterised as numerous sporting activities and errands
that, while finished, will reap an authoritative goal. The process have to encompass manifestly
characterised inputs and a solitary yield. Those resources of info are comprised of the whole lot
of the additives which make a contribution to the additional estimation of a help or item. Those
additives may be sorted into management processes, operational processes and assisting business
process of EPF Board Sri Lanka. Management processes administer the interest of a particular
affiliation's association of pastime. Operational processes include the middle business. Helping
processes, as an example, HR and bookkeeping are set up to help the centre business process of
EPF Board Sri Lanka. The meaning of the term business process of EPF Board Sri Lanka and
the development of this definition for the reason that its origination by means has caused such
territories of examine as Operations improvement, Operations Management and to the
development of different Business Management structures. These frameworks, thusly, have
made an enterprise for BPM software which tries to mechanize process management through
associating extraordinary process entertainers by way of innovation.
3.2 Two (2) core processes
3.2.1 Process One
This process requires a progression of sports to accomplish a specific purpose. BPM processes
are continual yet in addition don't forget impromptu hobby. Processes may be primary or
complicated dependent on quantity of steps, quantity of frameworks blanketed and so forth. They
can be brief or lengthy going for walks. Longer processes will in general have various conditions
and a more outstanding documentation prerequisite.

The pointers for plotting business process of EPF Board Sri Lanka start with finding out if a
business is revolutionary or organized, considering that a few business capacities rely upon the
authoritative structure. At that point look for the capacities the business does, as an example,
making plans merchandise, fabricating objects or showcasing administrations. Distinguish
business process of EPF Board Sri Lanka through searching for related sports interior a business
work. Diagram each business process of EPF Board Sri Lanka by means of posting every section
motion and listing how they associate to make up the business process of EPF Board Sri Lanka.
 3.2.2 Process Two
This process is either diverse levelled or arranged. Various levelled institutions incline toward
vertical becoming a member of and lengthy advent runs via massive scale production. Their
mass marketplace method activates hierarchical units which are work based. The business
process of EPF Board Sri Lanka within the capacities can be located in those divisions.

Organized businesses are increasingly more adaptable and made from multi-realistic
corporations that determine numerous self-ruling selections. Business capacities need to be
identified over some hierarchical gadgets and can be prominent from business sports. The
business process of EPF Board Sri Lanka for these groups are found inner those operational
capacities. The number one principle for sketching out business process of EPF Board Sri Lanka
is to determine out which sort of hierarchical shape applies.

3.3 Key stakeholders and Stakeholder Management Plan

3.3.1 Key Stakeholders
Whilst it's miles clear wherein the business capacities are to be found, in authoritative gadgets or
inside the agency activities, all of the capacities that the business completes can be distinguished.
As an instance, an organization that issues licenses may have a hierarchical unit or a running
capacity referred to as "allowing." in the authorizing capability are business process of EPF
Board Sri Lanka known as "making use of for a allow." There might be several licenses and a
few processes. The secret's the second one guideline for laying out business process of EPF
Board Sri Lanka, which is to recognize all capacities required for an organization to do its
responsibilities.

The business process of EPF Board Sri Lanka making up each capacity may be discovered
through inspecting the exercises within the capacities. For numerous levelled institutions, it's
miles anything however tough to take a gander at associated physical games interior an
authoritative unit to recognize the business process of EPF Board Sri Lanka. For arranged
institutions, the business process of EPF Board Sri Lanka are located by trying to find related
sporting activities in every business work.

3.3.2 Planning

Planning opinions are a sort of inner examining and are utilized to have a look at items,
processes and frameworks. Evaluators carry out commitment in diverse divisions inside an
affiliation to help representatives with enhancing their work assignments and the nature of their
yields. The effects of critiques frequently include a evaluate document and remedial activity
demands. The remedial pastime demands element present moment, medium-time period and
lengthy haul hobby matters for process development and great management.

3.4 Gap Analysis and Redesigning

For the authorizing potential of the past region, a part of the related sporting events
distinguishing the permit utility process are accepting the utility shape, confirming the records
and recording the giving of the evaluating allow. The 0.33 principle for sketching out business
process of EPF Board Sri Lanka is to find out these sports inner each business work and
distinguish the referring to process. On the factor when distinguishing evidence of all of the
business process of EPF Board Sri Lanka inside a business work is completed, it's far
manageable to make the business process of EPF Board Sri Lanka diagram with the aid of
posting the associated sports making up a process and depicting how they collaborate. The
ultimate general for sketching out the business process of EPF Board Sri Lanka is to portray the
undertakings and sporting activities required for each process.
For the currently depicted authorizing capacity and alertness process, related undertakings and
sporting activities are the affirmation of use records and the selection to offer the software. The
diagram of the allow application process will element these errands and sports and depict how
they must be done. Associations that enhance their processes continually increase a higher hand
of their industry. They accomplish this through stepped forward item nice, lower working fees
and faded waste. Managers have a collection of price gadgets they are able to use to apprehend
wasteful aspects and help representatives with enhancing their normal schedules.

Gap Analysis of EPF Board Sri Lanka activities permit representatives to cooperate to enhance
wasteful sports. Gap Analysis of EPF Board Sri Lanka events can closing anyplace from some
days to over every week and consist of an efficient audit of explicit processes. Activities are
generally long past to through people from various practical gatherings internal an association.
This is useful for considerable exams, conversations and mind for process improvement. The
extra colleagues who take a hobby, the higher the results from activities. Gap Analysis of EPF
Board Sri Lanka events are a speedy approach for distinguishing full-size things that could
enhance processes and frameworks.