Migcredit passed to the Unified plan of accounts and the reporting of Bank of Russia under OSBU

On May 15, 2017 the ProgramBank company announced transfer of Migcredit on the Unified plan of accounts and the reporting of the Bank of Russia under OSBU. The project is implemented on the solution of " ProgramBank.Creditmikro ".

IFC Migcredit - loans MiG credit (2017)

Using the solution of " ProgramBank.Creditmikro " the following tasks of IFC are automated:

• Accounting according to new industry standards.
• Reporting of the Bank of Russia under OSBU.
• Tax accounting.
• Budgeting.

"We treated a question of the choice of the program rather seriously and performed selection by many criteria. First, we checked existence of successful projects in the credit sphere, including, and in banking organizations as new standards of accounting are closest to bank. Secondly, we attentively studied a customer feedback. Thirdly, we compared total cost of ownership a system in the long term three years (cost of the software, realization value of the project, the equipment for deployment, support, completions). Proceeding all of them these criteria, the solution of " ProgramBank.Creditmikro " is optimal. Besides, capability effectively to be integrated into Migcredit IT landscape was the mandatory requirement" Oleg Grishin, CEO of IFC Migcredit

"We work with the most different NFO, but, first of all, large and medium-sized companies are interested in our solution. Last year we executed the large-scale project on transfer to the Unified plan of accounts of Ingosstrakh insurance company, in they are we implement a number of projects for different microfinance institutions. The project in Migcredit is especially interesting by those integration tasks which we will implement there. At our client account policy is already developed, and we will perform tunings for it in " ProgramBank.Creditmikro "". Vitaly Zanin, account director and to marketing of ProgramBank company