iContro to expand business to Asean
July 22, 2014, Tuesday
KUALA LUMPUR: iContro Software Sdn Bhd (iContro),a leading local Enterprise Resource Planning (ERP) provider, is looking to expand its business to the Asean region with an “Asian Business Culture-infused system”.
iContro said after making an impact in Malaysia, it is now seeing increasing demand for its product in Singapore and has managed to clinch a deal from a public-listed company in that country.
“This is a great start and we are confident of generating sales revenue of about S$3 million by year-end,” said chief executive officer Frank Lee in a statement.
He said over the next few months, the company is heading first to Indonesia, followed by the Philippines alongside seeking out prospects in China, South Korea, Taiwan and Japan.
“There is strong demand for Asian Business Culture centric ERP modules that currently require high optimisation at a bigger cost.
“To facilitate this, the company will launch its multi-lingual product next year,” Lee added.
On local front, he said it is common to still find Malaysian manufacturers operating in partial computerised and automated environments.
According to Lee, with the Goods and Services Tax (GST) implementation, it is mandatory for businesses to have a complete end-to-end automation starting from manufacturing to distribution and accounting operations.
“This is because the GST entails tracking and reporting throughout the entire chain of operations within the organisation as well as the entire group and business ecosystem,” he said. — Bernama For more info click here ;