CADIVI and Citek Partner on Project to Implement Management and Budget Control on SAP S/4HANA System

  • 02:53, 11/07/2024
  • 271

On July 10, 2024, CADIVI, a leading Vietnamese cable and wire manufacturer, and Citek, a prominent IT consulting firm, торжественно signed an agreement and initiated a project to implement a comprehensive management and budget control system on the SAP S/4HANA platform. This momentous event took place at CADIVI's head office and was graced by the presence of distinguished representatives from GELEX Group, CADIVI's Executive Board, Citek's leadership team, and esteemed project team members.


Mr. Ho Quang Nhan, General Director of CADIVI, stated: “This project not only holds strategic significance for CADIVI but also aligns with the current trends of digitization and technological application. By implementing this solution, we expect to enhance management efficiency, increase transparency and accuracy in the budget management process, thereby creating a sustainable competitive advantage in an increasingly volatile business environment. CADIVI and Citek had the opportunity to collaborate through the implementation of the SAP system in 2019, and we highly appreciate the cooperation and professionalism of the Citek team. That is why we have chosen to partner with Citek once again for this project. I believe that with the commitment of the company's leadership and the responsibility of the project team members, we will successfully complete the task and achieve the set goals.”

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Mr. Ho Quang Nhan, General Director of CADIVI, spoke at the event.

Speaking at the event, Mr. Nguyen Phuoc Hoa, Deputy General Director of Citek, shared: “Citek believes this solution will help CADIVI proactively identify issues and automate the budget control process. At the same time, it will provide timely and accurate data, enabling the CADIVI executive board to make the right and decisive business decisions. Citek is committed to accompanying CADIVI throughout the implementation process, ensuring that the objectives are achieved according to plan and that the system operates efficiently.”

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Mr. Nguyen Phuoc Hoa, Deputy General Director of Citek, spoke at the event.

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CADIVI and Citek signed an agreement to launch a project for budget management and control on the SAP S/4HANA system.

"This project will impact all units within the company. When implementing SAP in 2019, both the project team and CADIVI's leadership had only the belief that the project could be successfully completed. But today, as the project manager, I am confident that CADIVI's project team and Citek's project team will complete the project on time, within budget, and to the highest standards," shared Ms. Duong Lieu Mai Khanh, Deputy General Director of CADIVI, at the event.

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Ms. Duong Lieu Mai Khanh, Deputy General Director of CADIVI, spoke at the event.

The project to implement budget management and control on the SAP S/4HANA system at CADIVI is being advised and implemented by Citek across four company codes: CADIVI Vietnam, CADIVI Mien Dong, CADIVI Dong Nai, and CADIVI Mien Bac. Once operational, the system will help CADIVI standardize budget structure, business processes, budget control periods, and the overall company-wide budget management model. Additionally, the project will apply budget management solutions according to SAP best practices, aiming to standardize the process of budget carryover to the next year and to complete the budget management reporting system.

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Representatives of Gelex Group, CADIVI's executive board, and representatives of Citek's leadership, along with members of the SAP S/4HANA project team, attended the event.