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

Chanel
MATCH Hospitality
Altyntau Resources
Otkritie Bank
Uhrenholt
Knauf
Russian Grids
Strauss
TVZS
Skolkovo
SUEK
ECCO
Unipro (formerly E.ON Russia)
Rimera Group
Askona
Hoff
TMK
Lemana PRO (formerly Leroy Merlin)
DB Schenker
Ahlers
Valio
Constantia St. Petersburg
Rusnano
Accounts Chamber
Russian Football Union
RusHydro
SOK Service Center RUS (S Group)
Electric Networks of Armenia
Ikon Tyres
LANXESS
Lamoda
EFKO
Rosinter
MMK
RAO Energy System of the East
EOS Russia (EOS Group)
X5 Group
Mangazeya Group
UNIREST (formerly YUM! Brands)
Ammoni