Electric Networks of Armenia

Electric Networks of Armenia

Automating the finance and accounting management processes for Electric Networks of Armenia, a subsidiary of INTER RAO UES and a provider and distributor of electricity in the Republic of Armenia

GMCS was selected by the company to automate its finance and accounting processes. GMCS developed a corporate information system that can effectively solve operational issues related to cash flow management, cost and variance analysis, real costs, revenues and profits, as well as reduce the cost of equipment repair. The project also incorporated electronic document management to streamline the processes.

The project was the largest implementation of Microsoft Dynamics AX in the Republic of Armenia.

Results of the project:

  • Increased effectiveness of financial and accounting functions
  • Reduced time to approve documents

Clients

Rimera Group
Chanel
MMK
RAO Energy System of the East
Rusnano
Abi
ECCO
Lemana PRO (formerly Leroy Merlin)
Ammoni
Russian Football Union
Ikon Tyres
IKEA
X5 Group
SIBUR
Klöckner Pentaplast Rus
Otkritie Bank
Electric Networks of Armenia
Lamoda
TVZS
LANXESS
Rostelecom
Accounts Chamber
FUN&SUN
Ahlers
EOS Russia (EOS Group)
RusHydro
Knauf
SUEK
CTSP
Strauss
UNIREST (formerly YUM! Brands)
TMK
Altyntau Resources
EFKO
Unipro (formerly E.ON Russia)
Constantia St. Petersburg
DB Schenker
Valio
Rosinter
Skolkovo