The introduction of an ERP System in China

CDM Tecnoconsulting has been directly present in Shanghai with a fully owned branch for many years, to better assist its customers in their internationalization process in the Chinese market, process that involves obvious difficulties because of the different rules, requirements and business practices of a totally different market.

Implementing an ERP system is for a company at the same time a risk and an opportunity; risk because, given the extension of the processes affected by an ERP functional scope, it involves an important change in the company daily activity, opportunity because it allows a rationalization and optimization of internal processes that would enable cost reduction and productivity increase. In the case of companies establishing a presence in China it has another important positive effect of support to the implementation of Chinese local requirements, and international accepted procedures in general, being Infor an ERP based on international standards.

When a company decides to open a branch in China, an important aspect that should not be overlooked is therefore the choice of a proper Information System: choosing a partner such as CDM means implementing an ERP already supporting multilingual functionality (Italian, Chinese, English), having the ability to manage chart of accounts, tax calculation, Chinese invoice, monthly closing in accordance with Chinese GAAP requirements, in addition to the management of logistics and production processes according to international best practices.