FPT partners with SPM to successfully standardize accounting system on SAP Business One

Recently, the project to provide G/L Account conversion services based on the COA structure in SAP Business One officially went live at Shan Poornam Metals Sdn Bhd (SPM), marking a significant milestone in the company’s efforts to enhance its financial and operational systems. The project concluded with impressive outcomes, proving to be strategically important not only to the client but also to the implementation team.

The project aimed to transition G/L accounts to a new Chart of Account (COA) structure on SAP Business One (SAP B1), converting legacy accounts and data into a modernized format. The scope of implementation covered key modules including Financial Accounting(FI), Purchasing, Sales, Production, and Inventory—ensuring the system would operate seamlessly and accurately post-migration.

Spm Fpt Is 1 1747880128

SPM factory – Shan Poornam Metals Sdn Bhd

The project enabled SPM—a member of the Cenviro Group—to standardize its accounting structure in alignment with Cenviro’s system, thereby enhancing the ability to extract and consolidate financial reports. At the same time, it offered SPM deeper insights into SAP B1’s automatic accounting configuration, which had not been fully explained by the previous implementation provider. As a result, SPM was able to identify previous operational errors and significantly improve their command over the SAP B1 platform.

Beyond delivering a technological solution, FPT also impressed the client with its professional and methodical project execution. Comprehensive training sessions, user acceptance testing (UAT), regular error log reviews, and weekly PMO meetings all contributed to building client trust and satisfaction. Over the long term, the new system is expected to enable faster, more accurate decision-making and greater scalability for future operations.

Spm Fpt Is 2 1747880132

Inside SPM’s manufacturing facility

Led by key members from both sides, the project officially kicked off on December 4, 2024, with an expected two-month rollout timeline. However, due to the need for internal data review and standardization on the client side, the project was temporarily paused from January to March 2025 and resumed in April to complete the final implementation tasks. Following UAT and system preparation, the platform officially went live on May 5, 2025.

Thanks to the tireless efforts of the project teams on both sides, the initiative achieved several notable milestones: standardizing the accounting system per Cenviro’s standards, enhancing control over SAP B1—particularly in automated accounting—synchronizing data across finance, procurement, sales, production, and inventory modules, and deploying the solution simultaneously across two entities to save both time and cost.

At the project go-live announcement meeting, the client praised the dedication and responsiveness of the FPT team. Mr. Charles Gerald Nathan, SPM’s Project Manager, shared: “I want to extend my thanks to Mr. Huynh Cong Toan and the project team for their consistent support from early mornings to late evenings. I truly appreciate the team’s commitment to timely issue resolution and practical solution delivery.”

For SPM, the project has enabled greater autonomy in financial operations and management. For FPT, it marks an important milestone affirming its capabilities in consulting and deploying SAP Business One for manufacturing enterprises in international markets, while also opening up future collaboration opportunities with Cenviro.

 

Share:
Avatar

FPT IS

Related news

Applying AI in operations and manufacturing to accelerate competition in the pharmaceutical sector
Events - 14 August, 2024

Applying AI in operations and manufacturing to accelerate competition in the pharmaceutical sector

Over the past ten years, the Vietnamese pharmaceutical sector has experienced rapid expansion. However, at the same time, it has had to contend with a series of challenges related...
FPT discusses cooperation opportunities and technology transfer in the public transportation sector in Ho Chi Minh City
Events - 30 May, 2025

FPT discusses cooperation opportunities and technology transfer in the public transportation sector in Ho Chi Minh City

On May 26, the Ho Chi Minh City Management Authority for Urban Railways (MAUR) hosted a working session with a delegation from Hyundai Rotem (South Korea), led by Mr....
ACCA and FPT forge strategic partnership for digital transformation strategy and sustainable development
News - 21 March, 2025

ACCA and FPT forge strategic partnership for digital transformation strategy and sustainable development

On March 19, the Association of Chartered Certified Accountants (ACCA) and FPT Corporation signed a Memorandum of Understanding (MoU) for strategic cooperation in digital transformation and sustainable development. At...
Img Contact

Sign up to receive the latest news from FPT IS

Error: Contact form not found.

Bot Avatar