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

DB Schenker
Rostelecom
Ahlers
UNIREST (formerly YUM! Brands)
Chanel
Otkritie Bank
Roca Group
RusHydro
United Breweries Holding
EFKO
Rosinter
EuroChem
IKEA
Electric Networks of Armenia
Hoff
Russian Grids
Strauss
Valio
FUN&SUN
Unipro (formerly E.ON Russia)
Knauf
Ikon Tyres
Uhrenholt
Mangazeya Group
ECCO
TVZS
Askona
Skolkovo
TMK
X5 Group
Constantia St. Petersburg
Rusnano
MMK
Russian Football Union
Altyntau Resources
Russian Post
MATCH Hospitality
Accounts Chamber
Ammoni
CTSP