NamTheun1 partners with Citek to implement SAP ERP system

NAMTHEUN1, a leading company in the construction and operation of hydropower projects in Laos, has chosen to collaborate with Citek Technology JSC to implement the SAP ERP solution in order to optimize management processes and enhance operational efficiency.

As a major player in the development and operation of large-scale hydropower projects in Laos, NAMTHEUN1 has been making significant contributions to the growth of the renewable energy sector in the country. With a strong foundation and exceptional capabilities, the company is firmly positioned in the energy industry.

To further improve the management and operation of its hydropower projects, NAMTHEUN1 decided to invest in the deployment of the SAP ERP system, with consulting and implementation support from Citek. The project scope includes key areas such as hydropower construction and project management, procurement and materials management, hydropower operations, management accounting and financial accounting.

As an official SAP partner, Citek brings a team of experienced professionals with deep expertise in consulting and implementing SAP ERP solutions, especially tailored for various industries such as aquaculture, retail, real estate, pharmaceuticals, steel, and more. The collaboration between NAMTHEUN1 and Citek promises to deliver optimal outcomes, enabling NAMTHEUN1 to fully leverage the power of SAP ERP in managing complex projects and streamlining hydropower operations.

With Citek’s partnership and the robust capabilities of SAP ERP, NAMTHEUN1 is well-positioned to achieve continued success and make a positive impact on the growth of the renewable energy sector in Laos and the broader Southeast Asian region.

NamTheun1 partners with Citek to implement SAP ERP system
Citek is the partner providing consulting and implementation of Sap ERP solution for Namtheun1

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The SAP roll-out project, consulted and implemented by Citek, has helped Nippon Paint synchronize processes and data between our companies in Singapore and Vietnam. Additionally, standardized solutions aligned with VAS standards, VAS reporting packages, E-Invoice, and E-Banking were integrated. As a result, processing time, accounting closing periods, and report submission were reduced by up to seven days, enabling us to fully leverage the strengths of the group's analytical reporting system and apply it across various operations and units.
 

Ms. Nguyen Thi Anh Tuyet

Ms. Nguyen Thi Anh Tuyet

Head of Financial Accounting Department - Nippon Paint Viet Nam