PG Bank

PG is the first group of Vietnam that successfully applied the ERP, a solution for management of enterprise resources aiming at materializing the development strategy in the new phase, compatible to the form of a public company and the process of restructuring after equitization. FPT Information System (FPT IS, a FPT group member) was selected as the general entrepreneur and consultant for the deployment of ERP package for Petrolimex, with hardware of HP and solution of SAP, a world top ranking supplier of management solution for various global oil groups like ExxonMobil, BP, Total, Gazprom, Chevron. ERP system was officially put into use in Petrolimex on a nation wide scale since January 1st 2013. This is an important event marking the advancement of a Vietnamese enterprise in the successful supply and application of ERP on a large scale, wide coverage and with complicated technology. The project was completed in 3 years (2010-2012) testifying to the determination of the leadership, tireless efforts of workers on the parts of Petrolimex and FPT. The review of ERP application enjoyed keen attention of the Party, Government, related ministries and branches and the press media. ERP comprises various sub programs: procurement and sale of goods, tankaging, financial accounting, management accounting...being applied in the holding company, the PG, down to 42 companies, 21 branches, 11 enterprises, 44 storages and depots, 118 sites, and integrated with the management system of more than 2,200 retail stations nation wide . Prior to the application of ERP, Petrolimex introduced IT in the management and control of business in the early 90s of the last century. However faced with complicated fluctuation of world oil market and the demand for state control of domestic oil market in recent years, the management of oil business called for a transparent, timely and precise information while the management system was scattered, incoherent data that hindered the improvement for development for new requirement , the application of ERP became internally urgent for Petrolimex.