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

CTSP
Altyntau Resources
Hoff
Ammoni
ECCO
Russian Post
MATCH Hospitality
X5 Group
RusHydro
Abi
TMK
RAO Energy System of the East
LANXESS
IKEA
Skolkovo
Lamoda
United Breweries Holding
DB Schenker
Russian Football Union
TVZS
Constantia St. Petersburg
FUN&SUN
UNIREST (formerly YUM! Brands)
Mangazeya Group
SUEK
Rosinter
SOK Service Center RUS (S Group)
Rostelecom
Russian Grids
Chanel
Uhrenholt
EOS Russia (EOS Group)
Strauss
Lemana PRO (formerly Leroy Merlin)
Rusnano
Otkritie Bank
MMK
Ahlers
Askona
Rimera Group