RELEASED DATE 17 Jun 2022
Optimal financial solution
Recently, in Ho Chi Minh City, the Joint Stock Commercial Bank for Investment and Development of Vietnam (BIDV) and FAST Software Joint Stock Company (FAST) coordinated to organize a seminar on Digital Banking at Enterprises, providing information on digital transformation in the new era.
Themed "Accompanying enterprises to innovate production and business activities on the digital platform", the seminar focused on issues of concern to businesses when implementing digital transformation such as choosing IT solutions to ensure efficiency, the latest trend in financial management at enterprises.
Mr. Tran Long - Senior Executive Vice President of BIDV - delivers opening speech at the seminar
In the current digital era, management software that is seamlessly connected to the banking system is an optimal financial solution, helping businesses promote comprehensive digital transformation in financial management. Enterprise resource planning (ERP) system has become an integral part of every business.
At the seminar, BIDV and FAST also shared about BIDV's digital banking products such as Omni BIDV iBank system, BIDV- ERP Connection solution, utilities and features of FAST Business Online platform and BIDV iBank integration in FAST's software.
BIDV-ERP Connection service makes the customer experience seamless. Banking transactions are handled right on the business's financial management platform. In particular, businesses are provided with services such as account inquiry (current accounts, deposit accounts, loans, guarantees); money transfers, salary payment, payments to suppliers, payment to the State budget, etc. This service helps accountants operate conveniently, save time and operational costs, and ensure safety and security.
Diversified digital banking services
According to Mr. Tran Long, BIDV senior executive vice president, as a leading financial institution in Vietnam, BIDV is deeply aware of the strong influence of Industry 4.0, the global digital transformation as well as its role as a pioneering bank, accompanying businesses on the digital transformation journey. Therefore, to meet the diverse needs of customers, BIDV has been launching a lot of digital banking products for institutional and individual customers.
Mr. Tran Long emphasized that technology and digital banking are one of the three pillars in BIDV's development strategy to 2025 and vision to 2030. The cooperation between BIDV and Fintech and BigTech in developing ERP Connection solutions aims to bring a comprehensive digital ecosystem to customers, help businesses accelerate their digital transformation process.
The speakers discussing topics at the seminar
BIDV said that in the coming time it will continue to add services to complete its business digital ecosystem, including Term deposits, currency trading, trade finance, international money transfer; disbursement request on the business’s platform.
Boasting a nationwide payment channel system with a network of more than 1,000 branches and transaction offices, and a modern technology platform, BIDV is committed to providing corporate customers with convenient digital banking services and comprehensive banking solutions.
BIDV has been appreciated by many domestic and international organizations for its digital services. Recently, BIDV was honoured with Sao Khue 2022 awards for technology applications for customers, and was named “Digital Transformation Bank 2021” (VNBA and IDG Group). BIDV iBank was honoured as the most innovative digital application in Vietnam 2021 (as voted by Global Banking & Finance magazine).