“Having difficulty in managing costs according to the digital transformation roadmap that the company had previously set out.” That is what chief accountant Scots English shared when conducting the initial survey with 1C Vietnam.
Scots English is the leading international English system in Vietnam. With the teaching method “Students Centered Ongoing Teaching Support”, Scots English ensures to bring the best quality of English education and a superior student support system, built from the dedication of the entire staff.
After 7 years of operation and expansion to 21 branches in the North and Central regions, Scots English has realized the need for digital transformation in the education sector, especially financial management. This is also the reason why Scots English sought out 1C Vietnam's 1C:Finance & Accounting solution to "cure" this problem at its root.
The most special feature that makes customers trust and choose to use the 1C:Finance & Accounting solution is the multi-enterprise feature on the software. With the characteristic of having many branches in different regions, accounting and reporting face many obstacles. In the 1C:Finance & Accounting financial management software, Scots English can choose the parent company and create unlimited additional branches, and can assign detailed permissions to each user of each branch.
The Scots English process used follows the following procedure:
The parent company creates the voucher templates → branch staff enter the vouchers according to regulations → record the vouchers → the parent company manages the branch's data → Approve the vouchers (Transfer vouchers) → Create a consolidated report for the entire enterprise
Another reason why Scots English chose 1C:Finance & Accounting is its ability to integrate with most of the software that businesses are using.
After a period of use, the accounting department can easily track data from branches thanks to the rich reporting system, which can be customized based on customer needs.
The reports that Scots English is using include financial reports, balance sheets according to 1 account, books according to the regulations of the Ministry of Finance, and other reports according to Scots English's templates.
In addition, budget features can be mentioned such as cash flow reports, detailed revenue and cost reports for each center.
With the determination of the board of directors and human resources, Scots English has achieved initial successes in the process of digital transformation of enterprises. 1C Vietnam is honored to accompany Scots English on this long-term development path. Hopefully, in the coming time, Scots English will continue to develop towards the goal of becoming the leading international standard education system in Vietnam.