ERP software was no longer too strange for businesses in Vietnam today. According to statistics showed that 38% of small businesses and 42% of large enterprises have deployed ERP system in business operation. With the growth of the ERP market, many the company offers ERP software constantly springing up to fill the empty spot market, began to compete with the preferential policies for the business.
The same Lac Viet Computing learn 5 solution provider, ERP software prestigious professional on the market today. Besides, Vietnam also will provide additional information related to the business choose the right solution as:
- The proportion of businesses using ERP software in the world and in Vietnam
- Overview of the concept, history, the role of ERP software
- The note while considering options ERP system for business
The proportion of businesses using ERP software in the world and in Vietnam
According to reports from statista.com, “Enterprise Resource Planning Software” – Until 2024, ERP software has become an essential tool for many businesses, especially in the developed economies.
5 statistics in the report from the shows the importance of ERP system:
- ERP market worldwide was valued 50,57 billion in 2021 and is expected to reach 123,41 billion USD by the year 2030.
- Only 9% of organizations said they do not receive benefits (in terms of ROI) after ERP implementation. At least 95% of institutions said that they noticed improvements in other processes thanks to ERP.
- 80% held for that system data, the focus of ERP allows them to jointly develop the new application.
- ERP helps reduce inventory costs an average of 11%. The company leading manufacturer has reduced inventory costs by 22% thanks to ERP.
- 86% held feature request accounting is a core features in their ERP.
In Vietnam, the proportion of businesses using ERP software is also increasing significantly. According to reports from News and Research of the Ministry of Industry and Trade:
- VietnamNet noted that 38% of Vietnamese enterprises have deployed ERP software to 2024, with increasing tendency for many small and medium enterprises realize the benefits from the application of ERP.
- Report of the Ministry of Industry and Trade showed 42% of medium and large enterprises in Vietnam has implemented ERP software, many businesses are in the process of considering or planning to implement ERP system in the near future. (Source: Ministry of Industry and Trade of Vietnam, “report on the Situation of The Application of Information Technology in Business”, 2024)
The application of ERP showed significant benefits, including improved management processes, enhance predictability, data analysis, performance optimization activities. The study from Forrester Research and McKinsey & Company pointed out that:
- Forrester Research, said business application ERP saw revenue growth on average, up to 15%, reduced operating costs from 10% to 20%. (Source: Forrester Research, “The Business Impact of ERP”, 2024)
- McKinsey & Company noted that businesses use ERP capable of higher than 30% in achieving financial goals, strategy compared to the business not using ERP system. (Source: McKinsey & Company, “Global ERP Trends and Insights”, 2024)
1. Overview of ERP software
Concept
ERP (Enterprise Resource Planning) is an integrated system to manage operating comprehensive all core activities of the business from operations, finance, hr, manufacturing, supply chain until customer service. The goal of ERP is to provide comprehensive information about business operations through a single system, helping to boost performance, improve decision-making abilities.
By uniting the entire data from the department on 1 platform eliminates the discrete between the business processes, enhance coordination between the departments share information and work more efficiently. For example, the data warehouse can be shared with the sales department and finance to track inventory, demand planning products.
The historical development of ERP software
ERP has undergone a process of development, with many different stages. Initially, the business using only the single system for specific activities such as financial management or production. In the 1960s – 1970s, the system MRP (Material Requirements Planning) advent, focus on the production management inventory. This is the premise for the development of ERP.
In the 1990s, with the progress of information technology, ERP began to develop into the integrated system, connecting the entire business activities of the business. The modern ERP system is not limited only in manufacturing enterprises, but also is widely used in many different industries such as retail, service, medical, and government.
Role
One of the biggest benefits of ERP is the ability to minimize repetition and flaws in the work. For example, when data is entered into the system once, can be used for many different processes that do not need to re-enter.
In addition, ERP also helps businesses comply with the legal regulations, the industry standard more easily. The module financial management of ERP often have automation features creating reports, tracking of tax obligations, help businesses ensure compliance with regulations, minimize risk.
ERP is also a useful tool in improving customer relationships. Thanks to the integrated data from the sales department, customer service, marketing, ERP to help businesses have better insight about the needs of customers, thereby providing better service and enhance the customer satisfaction.
2. 5 The company offers ERP software prestigious professional market
List of 5 companies offering ERP software professional – long life with many experiences in Vietnam:
2.1 ERP System LV-DX from The company shares information, Lac Viet
Company shares information Lac (lac viet Corp.) was founded in 1994 as one of the solutions provider pioneering technology in Vietnam, the new premise is from the Lac, the next it is the software about human resource management SureHCS, accounting Accnet training E Learning.
With the trend management on a unified platform in the early 21st century, Vietnam developed management systems, resource planning, ERP LV-DX merge based on the premise that the management software, each array earlier.
Accordingly, LV-DX have full management platform to help businesses operate out throughout to bring efficiency with cost savings.
- LV-DX Collaboration: office solution package to help set up processes to browse, car, review, coordination, management condition used car. In addition, the system also supports task management, schedule meetings, email notifications, help coordinate maintain relationships with customers in an effective way.
- LV-DX People: solutions, human resources management, helps to manage employee information, performance reviews, work and handling issues related to personnel. This system also supports payment of the cost of suggestions for improvement hr activities enhance the satisfaction of employees.
- LV-DX CRM: solutions, customer management, business opportunities, help management customer experience with comprehensive features: automatic management of information security; optimal effective marketing with user-friendly interface; Create sales opportunities, marketing word of mouth; 24/7 customer service, customized according to the requirements.
- LV-DX Accounting: solutions to financial management – accounting, helping business management track the financial activities in an effective way. Main features: Manage your income and expenditure, public debt; Create financial reports automatically; Ensure the accuracy and security of financial information.
- LV-DX EXP: solution management experience staff in real time with outstanding features such as: monitor the level of satisfaction of employees; Improve the working environment, enhance cohesion; Take out the feedback suggestions for improvement of work performance; Thanks to LV EXP, businesses can improve the experience staff.
- LV-DX e-Learning: solutions, online training, help in the business development process training, learning an effective way. The system supports the creation and management of online courses; monitoring academic progress; Providing learning materials varied help improve the quality of training, saving time for both faculty and students.
2.2 ERP Viidoo from company Viindoo Technology
Solutions ERP software Viidoo developed by company Viindoo Technology with the goal to integrate the entire process from management, hr, finance, production, to sales and customer service in a single system. The strong point of Viidoo is the ability to customize, easy integration with other apps, to help businesses operate flexibly in the business environment is constantly changing.
Deployment costs: Viidoo ERP was assessed deployment costs reasonable for the small and medium enterprises usually ranges from 30.000.000 VND to 100.000.000 VND, depending on the system configuration and the number of user use. The package is divided into modules, which helps businesses can choose the function you need without having to pay for the features not in use.
Cost of training: user Training is often included in the package initial deployment. However, if the business requires additional training or intensive training costs can range from 5,000,000 VND to 15.000.000 VND for each training course.
Maintenance costs: Viidoo often provide maintenance services with charge from VND 10,000,000 to 20,000,000 VND per year, depending on the level of support required.
2.3 FPT (FPT Information System)
FPT (FPT Information System) is one of the companies offering ERP software leading in Vietnam, with many years of experience in the deployment of systems business management for large organizations. FPT IS IS providing ERP solutions based on the platform of SAP, Oracle, Microsoft Dynamics, integration modules, from financial management, hr, manufacturing to supply chain management.
- Deployment costs: the Cost of implementing the platform ERP as SAP, Oracle ERP, Microsoft Dynamics via FPT IS can be very high, usually from 1.000.000.000 VND to 10.000.000.000 VND or more, depending on the scale and complexity of the system.
- Cost of training: user Training is often not included in the cost of initial deployment, may cost more from 100.000.000 VND to 300.000.000 USD, depending on the number of users and the length of the training course.
- Maintenance cost: maintenance Cost, support can be from 15% to 20% of the contract value deployed every year. This can be equated with the word and 150,000,000 VND to 2.000.000.000 VND per year.
2.4 System MISA AMIS company's MISA
MISA AMIS is the ERP system of the company, MISA, is specially designed for the small and medium enterprises. This system consists of the management of finance and accounting, hr, sales, CRM helps businesses operate in a synchronized way on 1 consolidated platform. Highlights of MISA AMIS is user-friendly interface, easy to use and deployment costs reasonable. MISA AMIS has become a popular choice for many businesses in Vietnam in the process automation business.
- Deployment costs: MISA AMIS provide the package solution with cost deployment from 20,000,000 VND to 100.000.000 VND, depending on the scale of business and the number of modules selected.
- Cost of training: user Training is usually free in the package deployment. If, however, requires more training, the cost can range from VND 3,000,000 to VND 10,000,000 for each training course.
- Maintenance costs: maintenance Costs, often from VND 10,000,000 to 30,000,000 VND per year, depending on the level of support service request.
2.5 ERP Bravo company Bravo development
Bravo ERP is a software solution managing the overall business of the company Bravo development, oriented to the optimization of production process in business for businesses in many different industries.
Bravo ERP stand out with customizable features versatile fit with the management needs of businesses from small to large scale. The system consists of the management of finance, hr, manufacturing, and supply chain, helping companies control the entire operation in an effective way. Bravo ERP also focus on the ability to extend and integrate with other applications, along with support services technical professional, responsive management needs, complexity of the modern enterprise.
- Deployment costs: can be from 100.000.000 VND to 500.000.000 VND, depending on the number of users, modules, and custom level requirements.
- Training costs: usually from 20,000,000 VND to 50.000.000 VND, depending on the number of employees, number of training sessions.
- Maintenance cost: the maintenance Cost is usually about 15% to 20% of the contract value deployed annually, equivalent to from 15.000.000 VND to 100.000.000 VND per year.
Note, the above is just the cost of reference, business want to know in detail the current cost please contact the company offers ERP software want to use ERP system.
3. Note to choose the company that provides ERP software quality
3.1 choose the company has experience in implementing
When choosing the company offers ERP software elements, the experience is extremely important. The company has many years experience in implementing ERP will understand the particular requirements of the industry, from it consulting to provide the optimal solution. A company with a record of successful projects in many different fields will have the ability to make the solution flexible, more suitable for business.
The reputation of the company also reflects the quality of services that they offer. Business should inquire about the reputation of the supplier through the reviews from former clients, the award-winning certification in the industry, as well as the strategic partnership that the company has partnered. A supplier with high reputation will often have long-term commitments with customers and ensure high quality services.
3.2 the Ability to customize flexible
Every business has specific activities private so the ERP software should have the ability to customize to meet these needs. Suppliers must ensure that software can be customized or expanded by the separate processes of the business, which does not affect the stability performance of the system.
However, businesses should also note that only the system On-Premise ERP (code separately) can customized flexible on features, system configuration as required. With the rental solution, cloud ERP is a matter of custom very limited, and in turn the form of rent strange quite optimal cost for the business.
3.3 Ability to support maintenance
Service engineering support: ERP is a complex system requires the constant support from suppliers, especially in the implementation phase commissioning original. A company that provides ERP software professional must have service technical support 24/7, ready to solve any problems that arise quickly. The ability to meet the requirements of timely support are important factors help businesses maintain ongoing operations without interruption.
Besides the technical support, the company offers ERP software need commitment to service maintenance, system updates to meet the changes in business environment and technology.
3.4 note on the cost and deployment efficiency
Enterprises need to consider the cost of initial deployment of the ERP system, includes the account as free software, free development, staff training, system integration. An ERP vendor credits will provide cost transparency, no hidden costs. In addition, enterprises should consider your financial ability to ensure selection of appropriate service package.
Not only concerned with the initial cost, enterprises need to assess the effectiveness of long-term investments that ERP systems bring. Need to measure the performance improvement work, save operating costs, improve accuracy of data, ability to make decisions quickly. An ERP system has a reasonable cost to bring high-value would be the preferred choice for business.
The entire information related to business select is the company offers ERP software professional quality and the fit was Lac Viet provided in detail in the article. If you have any questions or want advice deployed ERP system for business with the lowest cost please contact with Vietnam through the information below:
CONTACT INFORMATION:
- Lac Viet Informatics Joint Stock Company
- Hotline: 0901 555 063 | (+84.28) 3842 3333
- Email: info@lacviet.vn – Website: https://lacviet.vn
- Headquarters: 23 Nguyen Thi Huynh, P. 8, Q. Phu Nhuan, ho chi minh CITY. Ho Chi Minh
