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

Hoff
Ammoni
Mangazeya Group
Rusnano
CTSP
United Breweries Holding
Rosinter
Roca Group
Chanel
Abi
Otkritie Bank
Valio
LANXESS
Klöckner Pentaplast Rus
Strauss
Uhrenholt
RAO Energy System of the East
Electric Networks of Armenia
RusHydro
Ikon Tyres
MATCH Hospitality
IKEA
Ahlers
EuroChem
SUEK
Rimera Group
DB Schenker
Accounts Chamber
Skolkovo
X5 Group
ECCO
Russian Grids
Askona
Altyntau Resources
Lamoda
EOS Russia (EOS Group)
EFKO
Unipro (formerly E.ON Russia)
Lemana PRO (formerly Leroy Merlin)
TMK