Enterprise resource planning system, also known as ERP, has recently become a buzzword in Vietnam. Overall this is an inevitable trend as businesses began to expand the operation scale. However deployment of the ERP system for business always requires serious investment of time, effort and money.
Common difficulties of implementing ERP include prices, how to select vendor and professional consultants. However what makes Vietnamese enterprises think twice before deciding to use ERP is the difference between Vietnamese accounting system (VAS) and accounting modules which are used in ERP.
The general accounting module is playing an important part in whole ERP system, which is responsible for accounting of incurred transactions and the printed reports, following the VAS. One of the biggest value of global ERP is having long history and has been implemented successfully in many enterprises all over the world. In Vietnam, with the issuing of the updated Circular 200 in accounting, there are some incompatibilities of accounting system, financial management system, handling processes such as tax accounting regime, cost allocation, business performance identification between ERP and VAS.
Being an agile vendor who is trying its best to localize both products and services, Infor has strived to partner with many organizations in Vietnam to complete a product that meets the requirement of VAS. Unfortunately, no result has been seen until October 2015, when Infor partnered with TRG International. Three months later, Infor CloudSuite Industrial (Syteline) – a product of the localization project following all VAS finally is implemented successfully. Enterprises in Vietnam can now access to a world class solution, which is now fully VAS and Circular 200 compliant.
Syteline reflects its new platform as a true single source-multitenant browser based solution running on a hosted system. It also offers a great ability to manage international business functions to incorporate multiple locations, foreign currency and foreign language capabilities. Therefore, Infor Cloudsuite Industrial is deserved to be the best ERP in the world.
We understand the important role of suppliers and consultants in the ERP implementing process. Choosing the right vendor means choosing a right companion to discover the journey with caring, sharing and great support.
In TRG, every individual is constantly striving to research and strongly commit to the market, products, and requirements of each company with the desire to accomplish an international quality products, yet compatible with Vietnam accounting system.
We believe that the effort of each one will create the difference. A team with the same direction, same mission and same dream will create the extraordinary difference. We understand, so we always try our best to make us become a leading vendor, and an early adopter in this market.