GSIS launches gov’t property management app

THE GOVERNMENT Service Insurance System (GSIS) has launched the Property Inventory Application (PIA), which aims to enhance the management and insurance of state assets.
“With PIA, we are not just making it easier to manage property records, we’re also enhancing how we assist government agencies in protecting their assets through insurance. It’s a major step towards strengthening our country’s infrastructure,” GSIS President and General Manager Jose Arnulfo “Wick” A. Veloso said in a statement on Sunday.
GSIS said the PIA aims to strengthen the protection and stability of government infrastructure.
The PIA was developed internally by GSIS and aims to fast-track the submission of annual property inventory forms. It simplifies the tracking of government property records to help solve the problem of incomplete or erroneous data due to manual processes, the state-run pension fund said.
This will ensure that all government assets are properly documented and managed, allowing for quicker government response to calamities, it added.
PIA’s initial rollout will cover the city governments of Pasig, Makati, Valenzuela, Navotas, San Juan, Pasay, Parañaque, Quezon, Manila, and Muntinlupa.
“By introducing this technology, GSIS is enhancing its capability to fulfill its responsibilities, helping to make the Philippines’ infrastructure safer and more stable. It will future-proof the gains of the government,” Mr. Veloso said.
GSIS’ net income rose by 21% year on year to P37 billion in the first quarter on the back of strong revenues. — AMCS