CICA Vietnam Company Limited x FTS

CICA Vietnam Company Limited x FTS

Financial Management – Consolidation of multi-currency and multi-branch reports

CICA Vietnam Company Limited

Large-Scale Technical Service Distribution

CICA Vietnam chooses FTS ERP to manage finance and consolidate multi-currency, multi-branch reporting.

CICA Vietnam Co., Ltd. is a wholly foreign-owned enterprise under Sime Darby Group – a leading Malaysian conglomerate with over 20,000 employees operating in 18 Asia-Pacific countries. Established in Vietnam in 2006, CICA operates a large-scale distribution and technical service model, with its headquarters in Hanoi, branches in Ho Chi Minh City and Quang Ninh, and a representative office in An Giang. CICA is the official distributor of well-known industrial and transportation equipment brands.

To standardize management processes and enhance financial, accounting, and multi-branch management efficiency, CICA has chosen FTS Accounting.

Implement consolidated financial accounting software

FTS Accounting –Accounting solution provides a full range of accounting functionalities:

  • Bank and cash
  • Sales Management
  • Purchasing Management
  • Accounts Receivable & Payable Management
  • Inventory Management
  • VAT accounting
  • Contract Management
  • Fixed Assets and Tools Management
  • Cost Allocation & Costing
  • General Accounting
  • Financial & Management Reporting

Consolidated management for a multi-company/multi-branch group model including:

  • One USD-accounting entries company (CICA LTD.)
  • One VND-accounting entries company (CICA Vietnam)
  • Implement for the headquarters in Hanoi, branches in Ho Chi Minh City and Quang Ninh, and a representative office in An Giang

Bilingual Vietnamese–English Software Interface

Multi-currency accounting: VND – USD – consolidated in Malaysian Ringgit (MYR)

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