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

Otkritie Bank
X5 Group
ECCO
FUN&SUN
Rusnano
Russian Post
Knauf
United Breweries Holding
Valio
Ahlers
Hoff
Ammoni
UNIREST (formerly YUM! Brands)
Klöckner Pentaplast Rus
Accounts Chamber
Chanel
LANXESS
Constantia St. Petersburg
RusHydro
Abi
Uhrenholt
Lamoda
MMK
Unipro (formerly E.ON Russia)
TVZS
Strauss
Mangazeya Group
Altyntau Resources
Electric Networks of Armenia
Ikon Tyres
Skolkovo
EuroChem
SUEK
MATCH Hospitality
EOS Russia (EOS Group)
Rimera Group
Rostelecom
CTSP
Askona
TMK