FPT IS and TPBank Accompany Enterprises in Accelerating Digital Transformation

Recently, Tien Phong  Commercial Joint Stock Bank (TPBank) and FPT Information System Company Limited (FPT IS - a subsidiary of FPT Corporation) have signed a strategic partnership agreement to improve service quality for corporate customers. Accordingly, TPBank and FPT IS will exchange and transfer digital technologies and solutions so as to promote digital transformation in companies and business households.

TPBank and FPT IS signed a strategic cooperation agreement

Specifically, TPBank's existing and new customers will have free trial of 03 products in the Made-by-FPT IS ecosystem. They are FPT.eContract - Electronic Contract (50 contracts with one year of subscription license worth VND 3,000,000); FDA - The input invoice management software (300 invoice numbers and one year of copyright worth VND 3,500,000); FPT.eInvoice - Electronic Invoice ( 1,000 invoices and two years of subscription license). 

On the other side, existing and new customers of FPT IS will enjoy TPBank's promos and incentives, including: Free Business Accounts with "lucky" numbers by preferences (such as Business registration, phone number, and birth date of business owners...) worth up to 05 million VND/account; free payment at counters and on e-banking, free issuance and annual fees of the Corporate International Debit Card (Visa Debit) for the first year.

Mr. Khuc Van Hoa - Director of Corporate Banking Division and Deputy General Director of TPBank - said: "The strategic cooperation between FPT IS and TPBank is a vital foundation to promote digital transformation of enterprises. With the motto of digitalizing all banking activities, TPBank desires to bring digital experiences into every transaction of corporate customers, contributing to accelerating the national digital transformation and optimizing economic operations. Therefore, we hope that FPT IS and TPBank will join forces on the journey of corporate digital transformation".

Mr. Khuc Van Hoa - Director of the Corporate Banking Division and Deputy General Director of TPBank at the event

"TPBank is our major and strategic partner in digital transformation. This agreement is a continuation and development of the partnership of the two parties to promote digital transformation deeply. The solutions provided by both parties are derived from the core operational demands of each enterprise. Moreover, they are smart "digital start buttons" that enterprises can immediately push to save time and operating costs, helping them focus on accelerating key business activities ".

Mr. Than Minh Ngoc - Deputy Director of the Corporate Division of FPT IS - spoke at the ceremony

The e-invoicing solution FPT.eInvoice is a comprehensive solution for creating, managing, and transmitting e-invoicing data to the Tax authorities. According to the Government's regulations, by July 1, 2022, all enterprises, business households, and individual taxpayers that issued paper invoices must switch to e-invoices. Developed by FPT IS - a 26-year partner of Tax authorities, FPT.eInvoice is one of the reliable and market-leading solutions for e-invoicing.

In addition, the electronic contract FPT.eContract - the first solution in Vietnam that helps enterprises, organizations, and individuals to initiate and establish the review flow - also has had a new form of contract authentication through the Development Axis of Vietnamese e-contracts CeCA of the Ministry of Industry and Trade.

FPT.eContract helps businesses transform contracting methods from paper to electronic works, saving up to 70% of costs and 80% of the time of signing. Thereby, it contributes to the formation of paperless businesses and digital enterprises. More than 600 enterprises are using FPT.eContract with successfully signed contracts of more than 1.2 million documents.

Furthermore, in order to overcome the obstacles of the accounting team in doing repetitive tasks of data input process and invoice management, FDA - the automated solution to retrieve, input data entries & verify invoices - will automatically collect, extract, process and validate invoices 8-10 times faster than human. In addition, with an accuracy of up to 98%, FDA accelerates the signing process anytime and anywhere using AI and RPA.