The long-delayed modernization of elections is part of the 44-point United Declaration reached by 21 political parties during last weeks First Philippine Political Parties conference.
De Venecia cited the recent examples of France and Canada, where computerized counting allowed the results to be completed within hours after the voting closed in national elections.
"We have to reduce the tensions and partisan passions generated by a long count," De Venecia said.
He said computerized elections will eliminate fraud, the notorious "dagdag-bawas" or padding and shaving of votes, and ensure the proclamation of winners within hours after the close of polling precincts.
"Computerized elections will put an end to election fraud and represent a significant reform in our electoral system," the Speaker said over the television program By Demand aired over ANC Wednesday night.
De Venecia said Canadas nationwide parliamentary elections produced its winners in 45 minutes while France, in electing its president this week, announced a winner in three hours.
Sen. Edgardo Angara of the Laban ng Demokratikong Pilipino and Commission on Elections chairman Alfredo Benipayo shared De Venecias concern and said automated elections would eliminate partisan fighting that has gripped Philippine elections for decades.