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

UNIREST (formerly YUM! Brands)
TVZS
IKEA
Mangazeya Group
RusHydro
Rusnano
Knauf
Otkritie Bank
Uhrenholt
Lemana PRO (formerly Leroy Merlin)
Strauss
Russian Football Union
Valio
Abi
CTSP
Klöckner Pentaplast Rus
LANXESS
Altyntau Resources
Russian Grids
Skolkovo
Constantia St. Petersburg
MMK
Rimera Group
ECCO
Unipro (formerly E.ON Russia)
Russian Post
SUEK
SIBUR
DB Schenker
MATCH Hospitality
FUN&SUN
EFKO
Ikon Tyres
RAO Energy System of the East
EOS Russia (EOS Group)
Askona
Lamoda
Chanel
Rostelecom
Roca Group