"Blonde.Py" passed to a new financial accounting system "Homnet: IFRS"

Specialists Homnet Consulting started in the spring of 2013 the project on business process automation of Blondinka.Ru company using the solution "Homnet: IFRS". As a result of implementation of the accounting Blonde.Py financial system will be able to prepare the reporting under international standards and to increase effective management of cash flows and financial risks.

"Blonde.Py" – the company in the advertizing market of Russia which is at the same time the agency of Internet advertizing and the developer of the innovation services for automation of contextual advertizing. "Blonde.Py" places campaigns for Sberbank, Microsoft, P&G, Uniliver, Mastercard, Citroën and other large advertisers.

For automation of formation of the financial statements "Blonde.Py" it was required to implement the specialized software product for accounting according to international standards. Having in detail studied the IT market, the company management made the decision on cooperation with Homnet Consulting company. Wide experience of implementation of software products, excellent responses and unique own solution "Homnet: The IFRS" were become the main criteria of signing of the contract on joint work.

As the software product for reporting according to international standards the software product "was selected by Homnet: IFRS". During the project it is necessary to solve the following problems:

• implement "Homnet: IFRS";
• adapt a system for business processes of Blondinka.Ru company;
• train users in work with a new system.

The implementation project includes the next stages:

• Development of methodology of accounting according to IFRS;
• Automation of management accounting according to IFRS;
• Carrying out user training.

On project completion employees Blonde.Py will begin to work in information base – "As Homnet: IFRS" which will allow to optimize processes of preparation of the reporting and data analysis.

Specialists of Homnet of consulting completed in May, 2014 the project of business process automation in Blondinka.Ru company using the solution "Homnet: IFRS".

During the project the following tasks are solved:

• Performed implementation "Homnet: IFRS";
• Adapted a system for business processes of Blondinka.Ru company;
• Provided user training to work with a new system.

The implementation project included the next stages: development of methodology of accounting according to IFRS; automation of management accounting according to IFRS; carrying out user training.