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

Russian Post
SIBUR
Roca Group
IKEA
Chanel
Mangazeya Group
ECCO
Russian Grids
RAO Energy System of the East
MATCH Hospitality
Electric Networks of Armenia
EFKO
Altyntau Resources
Unipro (formerly E.ON Russia)
Uhrenholt
Askona
Ahlers
Strauss
Constantia St. Petersburg
Abi
MMK
EuroChem
RusHydro
Skolkovo
Accounts Chamber
TVZS
Lamoda
LANXESS
Rostelecom
Rimera Group
Rusnano
SUEK
Otkritie Bank
UNIREST (formerly YUM! Brands)
Valio
X5 Group
EOS Russia (EOS Group)
United Breweries Holding
Ikon Tyres
Rosinter