CMC TS becomes Jedox's first official partner in Vietnam to provide Enterprise Performance Management solutions

From April 2020, CMC Technology & Solution has become the first company in Vietnam to establish official partnership with Jedox - the German technology firm specializing in Enterprise Performance Management (EPM) solutions. Accordingly, CMC TS is the official distributor to consult on and provide Jedox solutions on the market of Vietnam.

Jedox is a world leading technology firm specializing in EPM solutions. With this cooperation, CMC TS can add EPM to the list of solutions to help its customers with digital transformation.

Online Partnership Launching Ceremony between CMC TS and Jedox on Microsoft Teams

Mr. Ho Thanh Tung - General Director of CMC Technology & Solution said: “The partnership established between us and Jedox for consulting and providing EPM solutions in Vietnam has affirmed the commitment of CMC Technology & Solution in accompanying customers to enhance experience as well as renovate working environment and business activities. CMC TS is one of a few total solution providers in Vietnam who is able to give advice and deploy industrial solutions, from Data Warehouse and MDM to ERP, CRM, BI, EPM, etc.”

EPM is a responding solution for business administration model based on activities of planning and managing budget. Jedox's EPM solutions can be flexibly deployed on cloud computing platforms, including both private and public ones. If businesses desire on-premises deployment at data centers, Jedox also provides EPM solutions with similar software architecture. Jedox cooperates with other business solution ecosystems, such as SAP, Salesforce, Oracle, Microsoft Power BI, etc., and can easily and quickly integrate the latest systems and data from these platforms.

Unlike other BI (Business Intelligence) analyzing and reporting systems, which pay attention to historical data, or ERP systems which focus on current business operations, EPM are interested in the future, forecasts, founded plans and budgets for implementing such plans.

Most businesses in Vietnam are planning and managing budgets manually on traditional Excel spreadsheets. Budget planning and management, thus, often find it difficult to adjust flexibly or manage closely. With EPM, Jedox offers a solution capable of planning and continuously monitoring the implementation of the plan and the use of financial resources in association with business performance, thus ensuring cash flows of the business are always balanced. Jedox's solutions is especially suitable for multi-member corporations and groups where the management model is based on "planning - budgeting - monitoring".

The second difference brought by Jedox's EPM solutions is that the experience of using Excel interface with direct connection to the database of the system. Users can naturally and conveniently manipulate, but are still able to drill down or rotate data fields to have multi-dimensional views of the plans, such as "local-based", "time-based", "service group-based", "business channel-based", etc.

Mr. Mark Velthuis  - Jedox Asia Pacific President emphasized: “CMC TS is the first partner of Jedox in Vietnam. With the capabilities and potentials of CMC TS, Jedox is confident in future development opportunities of both parties in order to help our customers optimize their business operation.”

About Jedox: Jedox is the world leading provider of Enterprise Performance Management (EPM) solutions with more than 200 partners around the world. About 260,000 users from 140 countries and 2,500 businesses are using Jedox's solutions, including large companies such as: Fujitsu, Pfizer, Standard Chartered Bank, Sony, Unilever, Uniqlo, Porsche, etc.  Website: www.jedox.com