Current operating costs rising, many Vietnamese enterprises are reviewed by content management in — from closed window in Excel, to want to switch to a platform operator, ie ERP. This article analyzes practical benefits, the points to note when deployed, the business application ERP success to help finance leader , chief accounting more confident when investment considerations and ERP system for business.
1. Exceptional benefits when the business application ERP success
Save time — reduce action speed operation
ERP merge data from multiple departments — from sales, inventory to accounting — eliminates manipulation duplicate data entry manually. The survey industry , reported benefits that the business can shorten the processing time of the process (order-to-cash, financial statements, close the window) significantly reduce the error due to input manually. The actual numbers vary by industry, but the general trend is that automation brings significant benefits for productivity.
Reduce operating costs , optimize inventory
An ERP system works well to help businesses track inventory in real time, apply policy import (FIFO, FEFO) , optimal inventory levels, safety — from which reduce the cost of storage , the financial costs associated with inventory. Many survey sector showed ERP contributes to reduced operating costs , inventory costs at the level of meaning (in different proportions depending on circumstances, deployment , industry).
Read more:
Improve the quality of customer service , operation, sales
When customer data, status , inventory, orders are synchronized, business faster response, reduce application processing time , improve the rate of completion of the transaction punctuality — this directly improve customer experience , loyalty levels. Many organizations said ERP improve the customer experience , the ability to meet instant needs.
Decision support data — competitive advantage
ERP provides a synthesis report, real-time dashboard KPI for leadership; when the data is normalized, leadership, strategic decisions (discounts, promotions, investment, production coordinator supplies) based on data rather than feelings — to help businesses respond quickly before the market volatility. The survey indicates this is one of the core values to help businesses maintain a competitive advantage after successful ERP implementation.
2. The business application ERP success typical in Vietnam
When it comes to the corporate ERP application is successful, may have noticed the common point of them is: the post, choose the right solution with industry, maintaining discipline data throughout. Here is the clear demonstration of the actual efficiency after implementing ERP in Vietnam.
Vinamilk — acceleration , optimal supply chain
Vinamilk is the classic example of the application SAP ERP in supply chain management , manufacturing. Thanks to digitize the entire process — from raw material purchasing, production to distribution — business, which has shortened 30% processing time , order discount 15% cost management.
ERP system of Vinamilk also help maintain the ability to traceability , quality management, comprehensive. Thanks to it, business continuity, located in the top 200 companies revenue in billion USD best Asia – pacific, demonstrating a key role of ERP in the stable operation in large scale.
Mobile World — system control, retail, multi-branch
System with thousands of stores across the country, The Mobile World have selected Oracle ERP to unified inventory management, sales , finance. ERP helps companies track millions of SKU in real time, optimize inventory, reduce losses , improve sales performance.
After implementing ERP, the sales of Mobile World recorded an average growth rate of 20%/year, confirms the capacity management based on the data , make decisions more quickly in the retail industry has fierce competition.
Petrolimex — Standardized data , cost control
Petrolimex – petroleum corporation, the largest Vietnamese – use SAP ERP to manage synchronized supply chain , and accounting. Adopting ERP systems help businesses reduce 10% of operating costs at the same time process optimization, import, distribution, reduce errors and fraud.
ERP also helps Petrolimex tight control over cash flow, track price fluctuations , data management, real-time, contributing to ensure transparency in financial reporting.
Vingroup — multidisciplinary but operate uniformly
Peculiarities of operation multi-sector (real estate, trade, production) that the standardized data is a big challenge. The SAP ERP application help Vingroup system , financial management projects across the group, up 20% of the cost management, project control budget, profit on each item.
ERP helps the group understand the progress of the draft, the profitability of each project — things that were previously difficult to implement if managed by multiple systems discrete.
Minh Phu Seafood — controlled chain production and export
As “king prawns” of Vietnam, Minh Phu SAP ERP application to manage the entire supply chain from farming, processing to export. ERP systems help companies operate 24/7, updating data in real time about shrimp prices, exchange rates, production capacity.
ERP also supports traceability products, Minh Phu meet international standards of food safety , exported to demanding markets such as EU, America, Japan.
The manufacturing enterprise , SME, Vietnam — Flexible with ERP localization
Not only large corporations, many Vietnamese enterprises medium scale also has implemented ERP with satisfactory results.
- For example, mechanical company Location, Intensity (TCI) used Eastern Sun ERP help automate 90% of the production process, increase productivity and reduce operating errors.
- Wine World (RTG) with ERPNext up 90% of the work Excel crafts, standardized process inventory – sales – accounting.
Meanwhile, businesses like HTMP, KIMSEN or Aristino apps 3S ERP of ITG to numbers of production, traceability , control, real-time data in each workshop. Common cost is a reasonable investment, deploy flexible, easy to customizable — matching business Vietnam are in the transition period number.
3. Lessons learned from the business application ERP success
Look at the journey of the business application ERP success, can cast the 8 important lessons help Vietnamese enterprises to shorten the road to success when implementing system management this comprehensive:
Leadership is the determining factor
Commitment , direct participation of the leadership is a prerequisite. ERP not only is IT project which is a project of transformation of culture operated. When leaders clearly understand your goals, progress monitoring, ERP project will maintain the momentum , direction right from the beginning to the end.
Read more:
Properly identify the needs , goals
Business need analysis, internal processes before selecting ERP solution. Let's clearly define the “point of congestion” in accounting, production or sales need to improve, from which select suitable solution.
For example: Vinamilk focus on improving the supply chain; Mobile World priority inventory control; Petrolimex need standardized accounting data.
Choose the right solution with the peculiarities Vietnam
Not business would also need SAP or Oracle. With medium-sized businesses , small, selection of ERP local or Cloud ERP has the ability to customize according to the process will help save cost, shorten the deployment time , ensure easy operating after the handover.
Centralized data — platform for smart decisions
ERP is only really effective when construction business culture data standardization. When information is entered correctly , sync, leaders can correct decisions, reducing reliance on feelings — the key element to maintain competitive advantage in the long term.
User training is the key to success
One of the causes of failure common when ERP implementation is the lack of training. The organization of the guide staff, especially the accounting department, warehouse, manufacturing, will help the system be operated smoothly , avoid the “mothballed” after deployment.
Patience , flexible adjustment
ERP is not “magic wand” can change the entire system in just a few months. Businesses need a clear plan, the testing phase, the patience to optimal gradually.
A roadmap of practical implementations usually lasts 6-24 months, depending on complexity , scale the business.
Track and evaluate the effectiveness after deployment
The business application ERP success are mechanisms to periodically evaluate — measure KPIS such as time order processing, error rates, data entry, operating costs, or the level of satisfaction of employees. This enables early detection of problems , adjust the system.
Construction material URD (User Requirement Document) standard
URD is “design” describes the operating procedures , the requirements of the business before programming. URD as detailed ERP system as close to the actual demand , minimize the need to modify the structure software later.
The unit deployment professional as Vinamilk or ITG are thoroughly invested in this step before the launch of the project.
4. Hint ERP implementation for corporate , medium, small
ERP implementation is not merely installed a software, which is a journey of holistic transformation – from how to manage data, workflow, to thinking of commissioning. Medium businesses small (SME), the approach ERP need a realistic strategy, starting from the small step but firmly.
Starting from the real needs
Business should clearly identify “problem want to solve the most”: the cost control, sync data between the parts, or shorten the duration of the report? When there are specific goals, selecting ERP module is suitable (such as accounting, sales, warehouse...) will be easy , more effectively, avoid wasting resources.
Select application development for each stage
A common mistake is trying to deploy ERP comprehensive right from the start. With SME, the better way is divergence in stages – starting from the system core (accounting, purchasing, stock), then gradually expand to hr, production, analysis report. This helps businesses master the process, reduce the risk of interruption of operation.
Training , standardized process
ERP is effective only when the data , the process is standardized. Businesses need to invest time to scrutinize the work-flow of internal unity, form , rules, accounting before putting into the system. At the same time, personnel training using ERP is mandatory elements – not only manual manipulation, which also helps them understand the long term benefits of the digitization.
Learn more:
Selection of ERP vendors fit
SME should choose a provider experienced deploy for enterprises, understand the regulatory accounting – tax in the country, at the same time have the ability to support flexible and reasonable cost. A platform ERP Vietnamese good not only help the business operate efficiently, but also companion on the long journey of development.
5. AccNet ERP – ERP Solution suitable for enterprise on the transition of
Out of the ERP solution today, AccNet ERP is rated as the optimal choice for enterprises , medium, small thanks to:
- Comprehensive integration: seamless connection of modules such as accounting, sales, purchase, inventory, manufacturing, human resources – help data, operating system , most accurate.
- Analysis financial intelligence: AI Assistant integration in AccNet ERP helps people manage to read out a quick report, anomaly detection , decision support timely.
- Deployment flexibility: Businesses can choose to install on-site or using cloud platform – cost savings initial investment, easy to expand when needed.
- Suitable peculiarities Vietnam: optimized for standard accounting, tax, bills electronically in accordance with the regulations, the Ministry of Finance – to help businesses secure compliance.
AccNet ERP – ERP Solution comprehensive, optimized for Vietnamese enterprises are switching numbers. From accounting and sales to production, all data is located in control – a transparent, accurate , automated step by step.
Deployment of the ERP system is an important turning point in the transition of your business — especially with medium-sized businesses , small in Vietnam. When planned right direction, ERP not only help standardize processes, control costs, optimize performance, but also opens up the ability to make decisions based on data – elements survival in this competitive era of today.
However, choosing the right solution is the key to success as the business application ERP success presented above. Instead of investing in the ERP system complex, costly, Vietnamese enterprises should choose flexible platform, the language , has the ability to expand in scale. And AccNet ERP is the solution to so – exclusively designed for enterprises, fully integrated analysis, finance, sales, inventory, production... the same financial assistant smart AI helps leaders grasp the situation, instant decisions quickly and accurately.
If your business is looking for ways to digitize the entire operation, let AccNet ERP companion – ERP Solution comprehensive, easy to deploy, suit for smes in Vietnam are converted number.
CONTACT INFORMATION:
- ACCOUNTING SOLUTIONS COMPREHENSIVE ACCNET ERP
- 🏢 Head office: 23 Nguyen Thi huynh, Ward 8, Phu Nhuan District, ho chi minh CITY.CITY
- ☎️ Hotline: 0901 555 063
- 📧 Email: accnet@lacviet.com.vn
- 🌐 Website: https://accnet.vn/
Theme: