History of ERP formation in Vietnam

From the import of international ERP software

The predecessors of Vietnamese ERP systems mostly originate from the basic core of accounting software because all businesses, large or small, will need accounting software to manage books and accounting documents. and carry out tax reports according to Vietnamese law. Since the early years of 2010, the world's ERP system has just begun to be introduced to Vietnam and with its complexity, it is a system containing business processes corresponding to information and integration according to the growing trend of digitalization from the beginning of 2010. Large enterprises in the world have influenced the need for digital transformation for large enterprises in Vietnam. Upgrading the current system is recognized by leaders as essential for sustainable development of the business. With high costs and in the early years, only large software companies entered Vietnam such as SAP, Oracle, Epicor, Infor or Microsoft Dynamic with expensive costs that were difficult to reach small and medium enterprises, that's why. Software companies in Vietnam have begun to transform and upgrade their accounting software to Vietnamese ERP software at a cost suitable for small and medium enterprises in Vietnam.

Advantages and disadvantages of Vietnamese ERP and Foreign ERP

ERP Vietnam

ERP Vietnam

ERP Overseas

Modify the system according to needs or specific to the business

Right. Because these software are developed based on accounting software suitable for business operations and understand user culture as well as Vietnamese legal regulations or customized according to needs.

Some, not all. Most foreign ERP software is based on international standards and sometimes may or may not be consistent with Vietnamese laws or specific business operations.

Optimal ERP system platform for Business

Incorrect. Because Vietnamese ERP software does not have enough experience from large and multi-industry businesses, it is limited by the characteristics of each company and is susceptible to architectural failure when the business expands later, making it difficult to upgrading and integrating the world's latest technologies into the system.

Right. Because Foreign ERP software is comprehensively developed according to international auditing standards and has a history of over 20 years, it has accumulated almost full experience from large and multi-industry businesses. The platform is easy to upgrade and integrates the world's latest technologies into the system.

Deployment and support ERP system easy

Right. Because of a clear understanding of business processes and regulations under Vietnamese law, domestic ERP software deploys and supports users quickly. It may not contain the full process, so deployment is also simpler compared to foreign ERP software.

Incorrect. Because foreign ERP systems are quite complex, contain full standard procedures and require users to comply when implementing, implementation and knowledge transfer must rely on specialized implementation partners subject and experience.

ERP system investment costs

Not too high, but not low either. Being a combination of Vietnamese software and upgrading management operations and developed by Vietnamese personnel, the cost will be lower than foreign ERP software.

Prices are determined by each company. Software companies will sell ERP based on the price they set according to the strategy and pricing of the international market. However, the price is basically 30% higher than Vietnamese ERP software.

Some major domestic and foreign ERP software companies today

We choose to provide foreign ERP software solutions (Infor, Epicor) to bring the best experience to the operations of Vietnamese businesses at an affordable cost and to be able to calibrate the system to suit your needs. specific characteristics as well as making the most of foreign ERP platforms.

ERP Vietnam

  1. Fast
  2. Misa
  3. Ecount
  4.  Bravo
  5. ERP Vietnam

ERP Overseas

  1. SAP
  2. Oracle
  3. Infor
  4. Epicor
  5. Microsoft Dynamics