Small and medium enterprises were the main target of the OBLS project due to their large number.
[citation needed] OBLS was also a key project under the Singapore e-Government Action Plan II.
[citation needed] The system also offers Update, Renewal and Termination services for 65 licences.
[1] Based on the cost-benefit analysis done at 31 December 2006, businesses have benefited from the OBLS project with an estimated cost savings of US$27 million (since the pilot launch in January 2004 ).
The cost savings were derived from the reduction in the amount of licence fees, reduction in the processing time of licences and the time-savings by applicants who now do not need to travel and queue up physically and complete multiple application forms that ask for similar information.