On September 23, CMC Global Co., Ltd and CMC Consulting Joint Stock Company (Successor company of Ciber-CMC Joint Venture Joint Stock Company) kicked off the project "Implementation of SAP Finance centralized financial management platform for CMC Global Phase 1". This is an important project in the digital transformation strategy of CMC Global. Through the project, CMC Global wants to improve financial management capacity between CMC Global and the corporation's member units and consolidate finance with CMC Corp.
Established in March 2017, CMC Global has grown rapidly with 4 offices in 2 countries, more than 1000 experts, and 150 major customers in Vietnam & around the world. The rapid development of scale and operations spread across many countries makes CMC Global face difficulties in financial management, such as financial accounting standards in different countries, system differences currency, the data system is not smooth, or there is a shortage of instant reports, and the merging of reports has to be done manually on Microsoft Excel which takes a lot of time and resources.
After more than 1 year of research and evaluation, CMC Global decided to choose the SAP Finance solution deployed by CMC Consulting to solve the above difficulties. The project is divided into 2 phases. Phase 1, CMC Consulting focused on building an SAP Core ERP system to standardize operations at CMC Global in Vietnam and CMC Japan in Japan, including Management financial accounting management, financial management, and budget management; Consolidated manager at parent company CMC Global; Cash flow forecast management; Fund management; Integrate with C-Invoice, CRM, Dashboard, GAMs, Payroll systems. In the remaining phase, CMC Consulting will continue to integrate with Japanese-specific systems as well as CMC Japan-specific reports. The objective of the project is to focus on solving difficulties in financial management and the consolidation of reports, creating a foundation to improve the ability to expand the scale of CMC Global's operations in the future.
Speaking at the project kick-off meeting, Ms. Nguyen Hang Thu - Vice President in charge of Consulting and Implementation of CMC Consulting affirmed that CMC Global's leadership has strong pioneering strategic visions and orientations about digital conversion. Besides, Ms. Hoang Thi Thanh Hoa - CMC Global's CFO and Project Leader who directly directs the project shared: "The project of implementing SAP Finance centralized financial management platform for CMC Global has been preparing for a long time. I believe that with the careful preparation of Global in particular, as well as the implementation capacity of CMC Consulting, the project will be a great success and bring efficiency beyond BOD's expectations." At the end of the meeting, Ms. Thu thanked CMC Global for trusting CMC Consulting and giving the opportunity to implement its digital transformation plan; then pledged to actively cooperate with CMC Global to bring the project to the next level successfully, achieve the goals the two sides have given in the coming time.
Kick-off event “Implementation of SAP Finance centralized financial management platform for CMC Global Phase 1”
Established in 2008, CMC Consulting is honored to be the Gold Partner of SAP Vietnam, a leading reputable provider of consulting services and implementing business management solutions. With more than 150 leading ERP consultants and experience in successfully implementing ERP systems for many businesses in the domestic and international markets, CMC Consulting is committed to customer success by quality services and optimal price competition.
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