FPT and An Gia reach first milestone in Digital Transformation

04/04/2022

On April 4, 2022, in Ho Chi Minh City, An Gia Real Estate Group (HoSE: AGG) officially launched the business management system "Rise with SAP." The system is implemented by FPT Information System Company Limited (FPT IS), a subsidiary of FPT Corporation. 

As a result, FPT IS delivered a set of real estate-specific solutions built on the "Rise with SAP" solution platform for around 40 An Gia member companies in just over six months. FPT IS, and the implemented system can assist An Gia in ensuring transparency in its legal operations, sales, operations, auditing, etc. Simultaneously, developing diverse capital mobilization methods, optimizing cash flow, and managing prudent financial risks. This change will be a critical core system for An Gia and FPT IS as they continue to develop a comprehensive ecosystem for the Group. Both parties implemented this project in the challenging setting of the epidemic. However, FPT IS had deployed the project on time despite the situation due to their combined experience and efforts. 

Cutting-edge technology in corporate governance represents An Gia's strategic shift as it embarks on a pioneering digital transformation journey. According to An Gia, operating SAP S/4HANA using the "RISE with SAP" cloud technology aligns with the company's development goals and orientations. It results in an advanced and transparent management system to streamline processes and complete the value chain to improve the client experience. Additionally, the system contributes significantly to infrastructure investment cost savings and is adaptable in terms of module expansion to meet demand. 

During the ceremony, Mr. Nguyen Ba Sang, Chairman of the Board of Directors of An Gia Real Estate Group, stated that the company values SAP's advanced model and FPT IS's deployment capability. "With this optimized system, we will continue to provide our customers with the greatest products, services, and experiences. Simultaneously, it created numerous game-changing development prospects, propelling An Gia to prominence as Vietnam's leading creditable real estate developer." 

Mr. Nguyen Ba Sang, Chairman of the An Gia Real Estate Group's Board of Directors, made a statement the ceremony

Mr. Nguyen Hoang Minh, General Director of FPT IS, shared: "In this significant project with An Gia, FPT IS continues to use the methodology and set of particular solutions designed specifically for the construction - real estate industry on the SAP platform, based on years of knowledge gained from numerous projects. Implementing the system establishes a solid management foundation that enables An Gia to increase its competitiveness and optimize its resources. We anticipate that with a strong focus on digital transformation, An Gia will continue to see significant growth in the Vietnamese real estate sector. FPT IS aims to assist An Gia in the Group's next stage of digital transformation." 

SAP Vietnam's Managing Director, Mr. Nguyen Hong Viet, stated: "SAP and its partner FPT IS are delighted to be partnering with An Gia Real Estate Group on its digital transformation journey. We believe that successful implementation requires a practical application. This system technology will enable An Gia to implement advanced management processes per international standards, standardize corporate operations, and strengthen governance capacity by integrating data from all processes. In business, the solution will enable An Gia to enhance customer experience, better match customer expectations, and strengthen market competitiveness..." 

At the ceremony, representatives from An Gia and FPT snapped photographs

The implementation of SAP S/4HANA with "RISE with SAP" technology occurred during the most formidable epidemic period in Vietnam, but only due to the devotion and determination of the two sides' leaders. The persistent efforts of the project's participants aided in the project's successful completion, additionally, with encircling satellite technologies like FPT.eInvoice electronic invoice, FPT. Through eSign's remote digital signing technology, the project teams on both sides can continue to sign and record documents even when they are unable to meet in person, finish tasks on time and contribute their effort to the project's success. 

Previously, in January 2022, An Gia Real Estate Group and FPT Corporation signed a comprehensive cooperation agreement. It aimed to advance the enterprise's digital transformation journey using cloud technology and "RISE with SAP" to develop and perfect its overall management system.