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

Ikon Tyres
Altyntau Resources
Ahlers
Lemana PRO (formerly Leroy Merlin)
LANXESS
Askona
Accounts Chamber
Rostelecom
Strauss
Roca Group
Lamoda
Klöckner Pentaplast Rus
MATCH Hospitality
ECCO
DB Schenker
Valio
Chanel
Hoff
SIBUR
Rusnano
MMK
United Breweries Holding
EFKO
Russian Grids
EOS Russia (EOS Group)
Constantia St. Petersburg
Abi
Electric Networks of Armenia
Russian Football Union
Knauf
TVZS
Rimera Group
IKEA
Unipro (formerly E.ON Russia)
Otkritie Bank
X5 Group
FUN&SUN
RusHydro
CTSP
TMK