BIDV has pioneered in promoting the connection of BIDV iBank platform with enterprises’ internal management software through BIDV-ERP Connection service, helping them make the most of the preeminent features on both banking and corporate governance systems.

BIDV-ERP Connection is a service that allows businesses to perform banking transactions directly on their internal management software such as accounting, human resources management, financial management through direct connection with BIDV iBank e-banking system. Simply put, all business activities of enterprises are carried out on one system, helping them to be more proactive in managing business activities, especially in the context of complicated developments of the Covid-19 pandemic.

BIDV has recently cooperated with Viet Nang Knowledge Resources Co., Ltd to successfully connect BIDV iBank system with Vnresource human resources management software. Through this connection, after the customer makes a payroll transaction via the human resources management software, the transaction will be automatically processed at BIDV's system and the results will be updated to the customer’s human resources management system. Before the customer had to visit BIDV's transaction points to proceed with salary payment steps, but now it can conduct the transaction online which helps save time, money and travelling while ensuring accurate and confidential transaction information. Customers may also actively look up transaction results right on the BIDV iBank.

BIDV iBank connected with Vnresource human resources management software

Over the past time, BIDV has connected smoothly with software such as Fast Business Online by Enterprise Management Software Joint Stock Company (Fast), MISA accounting software by MISA Joint Stock Company and BMP management software by Kiu Vietnam Co., Ltd. The connection with the platform brings about outstanding utilities to customers such as minimising manual operations and risks as well as transaction process errors, saving time and human resources, improving financial management efficiency for businesses.

Particularly, accountants can conduct banking transactions right on Fast Business Online, BMP and MISA accounting software with full digital banking functions such as account inquiry, money transfer within and outside BIDV system, automatically recording movements on bank accounts opened at BIDV and other utilities. Therefore, accountants of the businesses can save time in initiating transactions, tracking liabilities or bank statements, and at the same time, reducing transaction errors. With devices such as computers, laptops, tablets or smartphones, accountants can easily conduct transactions with complete and accurate information like on BIDV's system.

BIDV offers a lot of incentives for customers when connecting BIDV-ERP Connection. Customers opening new or reactivating accounts at BIDV will be entitled to fee waiver for BIDV- ERP Connection and can make transactions at zero cost. At the same time, BIDV also applies a free-of-charge transfer within BIDV system for businesses who are currently customers of BIDV.

Besides the free-of-charge connection, BIDV has cooperated with MISA Joint Stock Company and Kiu Vietnam Co., Ltd. to offer incentives to at least 600 small and medium-sized businesses such as a free 2-year fee for BMP business management software by Kiu Vietnam Co., Ltd., free accounting software MISA SME.NET 2020 Professional + MEINVOICE.VN (300 invoices) by MISA Joint Stock Company. These are among BIDV's incentives to support businesses in the "SME Digitrans" program sponsored by the Asian Development Bank (ADB). In addition, customers who connect BIDV iBank with Fast Business Online will receive a 50 percent discount on the cost of more add-ons on Fast Business Online software.

With the connection, BIDV supports businesses to further accelerate their digital transformation process. The bank hopes that fee incentives and price offers will reduce financial burdens as well as encourage businesses to digitise their operational processes and do business more effectively, especially during the Covid-19 period.