S4 Consulting Signs ERP Advisory Deal
What do financial companies need when selecting ERP?
Financial and securities firms require an ERP system that not only manages internal operations but also integrates deeply with core trading systems. Choosing the wrong platform or implementation partner can disrupt operations and create significant cost overruns.
In real projects in Vietnam, three factors typically determine success: core system integration capability, consultant team quality, and level of financial process automation.
How does S4 Consulting deliver a 3-month ERP selection project?
S4 Consulting has officially signed an ERP selection advisory contract with a leading financial enterprise in Vietnam. Due to confidentiality agreements, the client remains undisclosed.
The project is delivered over 3 months, starting from late February 2026. The focus is on helping the client select the right ERP platform and the right implementation partner, instead of relying on demos or marketing materials.
The project scope includes three main workstreams:
- RFP and bidding documentation development – ensuring requirements are standardized and measurable
- Vendor response support – improving proposal quality and feasibility
- Evaluation and selection – based on a weighted scoring model
How is the Fast & Saving methodology applied?
The Fast & Saving methodology focuses on two objectives: accelerating decision-making and reducing the cost of wrong ERP selection.
In this project, S4 applies a weighted scoring framework. Each criterion is quantified and aligned with business priorities instead of subjective evaluation.
Key weighted criteria include:
- Consultant team quality – real implementation experience and long-term capability
- Core system integration – mandatory for financial services
- Automation level – directly impacting operational efficiency and cost
This approach provides management with a clear comparison across vendors and avoids decisions based on demos or perception.
Why should companies not build ERP RFP by themselves?
Many Vietnamese companies attempt to build RFPs internally but face common issues:
- Requirements are not detailed enough – proposals cannot be compared
- Lack of measurable criteria – difficult to evaluate fairly
- Poor control over proposal quality – overly marketing-driven responses
In S4 Consulting projects, having an independent advisor typically reduces the risk of wrong system or vendor selection by 20–30%.
What are key lessons from ERP advisory projects in Vietnam?
In mid-to-large ERP selection projects, one common issue is underestimating the implementation team.
Many companies choose the right software but the wrong team, leading to delays and failed outcomes.
Therefore, in S4’s methodology, human factors are assigned high weight in the evaluation model. This is especially critical in industries with complex integrations such as finance and securities.
Pham Hoang Lac – Project Lead Advisor
Pham Hoang Lac is responsible for overall advisory quality and governance of the Fast & Saving methodology.
Key responsibilities include:
- Evaluating system architecture and technology platform
- Reviewing critical integration flows
- Controlling vendor proposal quality
- Supporting commercial and contract negotiations
With experience across 20+ ERP projects and complex Oracle ERP and Acumatica ERP integrations in Vietnam, this role ensures decisions are both functionally correct and practically implementable.
Huynh Ngoc Nu (ACCA) – Finance & RFP Advisor
Huynh Ngoc Nu is responsible for reviewing all finance and accounting-related RFP requirements.
Her scope includes:
- Budgeting
- FAM (Fixed Asset Management)
- P2P (Procure to Pay)
- Cash/Bank
- Tax and Financial Reporting
- Financial Localization in Vietnam
With 16 years of experience in finance, accounting, and ERP, including international exposure, she ensures that RFP requirements align with IFRS standards while remaining practical for Vietnam deployment.
In real projects, early involvement of a finance expert significantly reduces the risk of “correct design but failed operations.”
S4 Consulting – Driving the right ERP decisions
S4 Consulting is a leading Acumatica and Oracle NetSuite advisory firm in Vietnam, known for its Fast & Saving methodology.
At S4 Consulting, we believe:
Data drives profit optimization.
We support Vietnamese enterprises in their digital transformation journey, enabling data-driven decision-making and operational efficiency through modern ERP platforms such as Acumatica Cloud ERP and Oracle NetSuite.
FAQ
What is the difference between ERP selection advisory and ERP implementation?
ERP selection advisory focuses on choosing the right system and partner. Implementation is the execution phase after the selection is completed.
Why is an independent advisor important in ERP selection?
An independent advisor ensures objective evaluation across vendors. They also standardize requirements and criteria, reducing subjective decision-making.
How long does an ERP advisory project take?
Typically 2–4 months depending on complexity. This project is executed in 3 months using the Fast & Saving methodology.
What should financial companies prioritize when selecting ERP?
They should focus on core system integration, implementation team capability, and automation level. These directly impact operational performance.
What benefits does Fast & Saving bring?
It shortens decision timelines and reduces the risk of wrong selection, while ensuring key criteria are quantified and evaluated transparently.
