GELEX Electric x Citek officially go live SAP Analytics Cloud management reporting system

On December 27, 2024, GELEX Electric held the Official Launch Ceremony for the SAP Analytics Cloud management reporting system. This marks a significant milestone in GELEX Group’s digital management platform strategy, enhancing operational efficiency and enabling data-driven decision-making through accurate, visualized insights.

GELEX Electric x Citek golive SAP Analytics Cloud
Gelex Electric together with the member companies, Citek, and SAP announce the successful operation of the SAP Analytics Cloud project

 

At the ceremony, Mr. Nguyen Trong Trung - CEO of GELEX Electric - stated: "Digital transformation is a long-term journey, it’s not just a trend but a lifeline for businesses in the era of technological advancement. I highly appreciate the data provided by the system. Sincerely thanks to the project team, SAP and Citek for fulfilling our desire and providing intuitive data that helps us make timely and accurate decisions."

GELEX Electric x Citek golive SAP Analytics Cloud
Mr. Nguyen Trong Trung - CEO GELEX Electric sharing at the SAP Analytics Cloud launching ceremony 

The project was implemented simultaneously at GELEX Electric and more than ten member units, including CADIVI, THIBIDI, CFT, EMIC, MEE, HEM, GETC,...over a 12-month period. This is one of the largest projects of the GELEX Group, aiming to create synchronization and transparency in management, ensuring comprehensive data integration among member units.

GELEX Electric x Citek golive SAP Analytics Cloud
Mr. Vu Hoang - Citek's Project Manager presenting the project outcomes

In the previous period from 2020 to 2024, GELEX Electric and its member companies also deployed the SAP S/4HANA system to manage the full spectrum of business operations, including procurement, production, sales, inventory, and accounting. The comprehensive data foundation built by SAP S/4HANA is a key component for the efficient and smooth operation of SAP Analytics Cloud.

Mr. Nguyen Cong Tan - CEO Citek - had emphasized at the ceremony: "Implementing a standardized data system is the cornerstone for GELEX to construct a comprehensive data strategy. This is not only a core element of digital transformation but also the foundation for future AI applications, helping the firm optimize resources and improve decision-making capabilities.” 

GELEX Electric x Citek golive SAP Analytics Cloud
Mr. Nguyen Cong Tan – CEO of Citek presenting the project outcomes

With the most accurate and up-to-date data, SAP Analytics Cloud empowers the Board of Directors to make swift and precise decisions based on data while enhancing transparency and governance efficiency for shareholders, investors, and partners. 

Some images from the ceremony:

GELEX Electric x Citek golive SAP Analytics Cloud
Executive board of Citek, GELEX Electric and SAP raise a toast to celebrate the successful project implementation
GELEX Electric x Citek golive SAP Analytics Cloud
Mr. Nguyen Trong Trung – CEO of GELEX Electric (left) presents a commemorative trophy to Mr. Nguyen Cong Tan – CEO of Citek (right)
GELEX Electric x Citek golive SAP Analytics Cloud
Ms. Pham Thi Minh Cuc – Deputy General Director of Finance at EMIC shares about the implementation journey
GELEX Electric x Citek golive SAP Analytics Cloud
Mr. Bui Đang Khoa – Director of Finance and Accounting at GELEX Group highly appreciates the efforts of the Citek project team

 

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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