About us
Clients
VIET TRUNG MINERALS AND METALLURGICS COMPANY LIMITED
Business Sector
Iron Ore Mining and Steel Production
Product
VTM Việt Trung – Centralized Financial and Steel Production Management Solution by FTS
ChatGPT said: Viet Trung Minerals and Metallurgy Co., Ltd. (VTM) is a joint venture between Vietnam Steel Corporation (VNS), Lao Cai Minerals Company (LAMICO), and Kunming Iron & Steel Co., China (KISC). VTM operates in the mining and steel production industry. With a large-scale, vertically integrated production chain—from mining → processing → metallurgy—VTM requires a centralized management system that meets the financial, materials, and human resource management standards of heavy industrial enterprises and state-owned companies.
FTS was selected to implement a centralized financial–accounting and human resource management software system for all units of VTM.
FTS Solutions
FTS ERP Financial–Accounting & Human Resource Management Solution for Mining and Steel Production Enterprises
The system is implemented using a centralized model, serving multiple operational sites and providing unified management at:
- Company Office
- Lao Cai Steel Plant
- Quy Xa Quarry
Implemented Modules:
- Financial & Accounting Management: Complete financial accounting operations, including capital accounting, purchasing–sales, expenses, receivables/payables, fixed assets, and consolidation.
- Inventory Management: Goods receipt, issue, and stock tracking; warehouse cards; standards and norms; and stocktaking.
- Human Resource & Payroll Management: Employee records, attendance tracking, shift-based payroll calculation, and cost allocation.
The system meets the specific requirements of metallurgy and mining production:
- Management of large-scale industrial supply chain and inventory
- Tracking of costs and shift-based payroll, tailored to the characteristics of metallurgical plants
- Centralized data with multi-level access control, suitable for joint-venture business models
- Financial and management reporting in accordance with state-owned enterprise standards and industrial group requirements
Find the Right Accounting Solution for Your Business
Tell us about your management needs and the challenges your business is facing. The FTS team will recommend a suitable version, introduce relevant features, and propose an implementation approach tailored to your needs.
