BIDV applies Enterprise Resource Planning

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The biggest Enterprise Resource Planning (ERP) system in Viet Nam's banking sector was officially applied at the State-owned Bank for Investment and Development of Viet Nam (BIDV) on Tuesday.

HA NOI (Biz Hub) — The biggest Enterprise Resource Planning (ERP) system in Viet Nam's banking sector was officially applied at the State-owned Bank for Investment and Development of Viet Nam (BIDV) on Tuesday.

The ERP system, designed by the FPT Information System Corporation, ran on a trial basis from October 2015 and helped conduct more than 11 million transactions at BIDV on December 31, doubling the transaction number on normal days.

Also, the system did not overload when some 1,000 transactions were made simultaneously.

BIDV's 185 branches and 233 units nationwide successfully operated the ERP system, helping the bank modernise its enterprise resource planning, increase precision and minimise risks. — VNS

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