Myanmar Information Technology (MIT) announced the launch of a division to tap local organisations’ need to reengineer their business processes, through a partnership with German enterprise software maker SAP.
Unlike niche solutions like accounting software, SAP’s ERP (Enterprise Resource Planning) packages provide overall business management functions covering accounting and financials, sales and customer relationship management, purchasing and operation, inventory and distribution, and reporting and administration.
“We are excited that Myanmar can join more than 282,500 global customers in running efficient management process to translate business objectives in reality,” said Sanjeev Pandey, general manager of SAP Business Development Division at MIT.
MIT, a local system integration and software company, offers SAP services from implementation to creating an interface with third party solution. Drawing upon its 18 years of developing business management software, MIT has built its own ERP called Vantage ERP (V5), which the firm claims covers 80 percent of local ERP market.
This expertise played a vital role in ensuring smooth go live while completing the SAP project on time and within budget, said Pandey. The system installed not only “meet the customer business requirement but is highly scalable and flexible to support the business growth,” he added.
MIT said it is also developing third party solutions to meet the unique business needs that is supposed to “seamlessly integrate and supplement the potential of SAP.”
The firm is developing four add on for SAP-POS (point of Sale), Data Synchronization, Reporting and Promotion module, according to Nay Linn Than, director of Enterprise Systems and E-Government Solutions Division at MIT.
“We will continue to develop innovative solution for interface with our customers which will contribute to improving their business process.”
MIT is a local partner for SAP ‘all-in-one’ (SAP A1) and SAP Business One (SAP B1) in Myanmar – The former is a business management software for small and medium enterprises, and the latter is a business management software designed for small businesses. The choice of using A1 or B1 will depend on affordability and maturity of the business process.
MIT has previously implemented SAP at local conglomerates Pathama Group, Baron’s Group and Asia Beverages Co Ltd.