How AI-enabled ERP streamlines processes and progress

The Philippines has crossed an important digital threshold.

- GILBERT TRINCHERA

According to the Bangko Sentral ng Pilipinas’ (BSP) 2024 Status of Digital Payments in the Philippines report, digital payments now account for over 57 percent of monthly retail transaction volume. This tells us that a significant portion of Filipino consumers and enterprises are using digital transaction methods and leaving data trails at an unprecedented scale. This shift, alongside the Philippine Development Plan’s (PDP) push for economy-wide digitalization and our digital economy’s growing GDP share, creates an opening for companies to modernize their core systems with artificial intelligence (AI)-enabled enterprise resource planning systems (ERP).

Policy developments are reinforcing this trajectory. The Department of Trade and Industry’s (DTI) National AI Roadmap envisions the Philippines as an ASEAN hub for AI innovation. Complementing this, a multi-agency AI program has been launched to accelerate adoption across sectors. The National Privacy Commission (NPC) has also clarified how the Data Privacy Act applies to AI systems, emphasizing transparency, accountability, and privacy by design. Together, these initiatives create a clearer framework for organizations to adopt Al responsibly and effectively.