Stradcom Corporation vowed yesterday to continue giving its all-out
support to the Land Transportation Office (LTO) on the occasion of the
latter’s 99th founding anniversary celebration held at its main office
in Quezon City.
Stradcom President Cezar Quiambao made the assurance before Acting LTO
chief Racquel Desiderio and Transportation Undersecretary for Road
Transport and Public Information Dante Velasco at the LTO auditorium.
Quiambao said that Stradcom will continue to provide the LTO with the
systems necessary to increase the efficiency of its delivery of
services to the public, as well as its generation of revenues.
The Stradcom official made the pledge even if the company is still
awaiting payment for services it has already provided to LTO since
last year, amounting to over P1 billion.
For her part, Desiderio said that the LTO and the Department of
Transportation and Communications (DOTC) will honor Stradcom’s
contract as the owner and operator of the LTO IT facility that
computerized the agency’s systems.
Using the computerized system installed and maintained by Stradcom,
the LTO is now able to fast-track the processing of drivers’ licenses
and the processing of motor vehicle registrations.
The LTO now handles a minimum of 60,000 transactions per day, earning
revenues in the billions, thanks to Stradcom’s computerization
services which cut down the processing time of licenses and
registrations to mere hours.
Under the manual system used by the LTO in the past, the processing of
drivers’ licenses and motor vehicles used to take weeks and months,
respectively. Margaux Salcedo, Stradcom