Both firms agreed to adopt SophiaTX, the blockchain platform which is offering innovation to industries by expanding applications like ERP, CRM and others, to explore blockchain technology further to force business growth and possibilities.
Under the agreement, Venaco Group will cooperate with Cheng & Co to promote strategic business consulting and transformation services to Cheng & Co in order to increase and expand services provided to its regional customers.
We’re excited to team up with Cheng & Co as our Asia partner on IT consulting and innovation technology as we believe it will extend our presence and open new doors to opportunities in the market. By combining Cheng & Co’s accounting and outsourcing expertise with our skills and industry know-how in ERP, we enable ourselves to deliver a fully-fledged and comprehensive service to customers in this space.
Marian Hires, Managing Partner, Venaco Group; Co-founder, Equidato Technologies AG
SophiaTX is a blockchain platform and marketplace founded for extending traditional applications like ERP, CRM and many others. It is constructed and delivered by Swiss based Equidato Technologies AG. Cheng & Co is one of Malaysia’s largest home-created accounting firm. Nowadays Cheng & Co has 11 offices across the country with more than 300 people in the firm serving more than 5000 companies. Cheng & Co provides a One-Stop resolve to SMEs with services that include Audit, Tax, Goods and Services Tax (GST) advisory, Management Consultancy, Corporate Advisory (IPO and M&A), Internal Audit and Corporate recovery and insolvency.