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

Lamoda
SUEK
Accounts Chamber
LANXESS
Chanel
Uhrenholt
Rusnano
Hoff
Valio
ECCO
IKEA
Russian Grids
RAO Energy System of the East
Ahlers
Rostelecom
Roca Group
MATCH Hospitality
Lemana PRO (formerly Leroy Merlin)
Strauss
CTSP
Klöckner Pentaplast Rus
Skolkovo
TMK
Abi
RusHydro
Knauf
EOS Russia (EOS Group)
Electric Networks of Armenia
Altyntau Resources
Mangazeya Group
X5 Group
Rimera Group
Ikon Tyres
EFKO
Rosinter
MMK
Russian Post
SIBUR
Russian Football Union
Ammoni