"The pension Renaissance" keeps account in compliance to industry standards in a system "Homnet: NFO"

2019: Homnet's implementation: NFO

On November 29, 2019 the Homnet Consulting company reported that "The pension Renaissance" keeps account in compliance to industry standards in a system "Homnet: NFO".

In partnership with Homnet Group of NPF Renessans pensii (further – Fund) integrated the system allowing to keep account into the IT landscape, applying the unified plan of accounts (UPA) according to the industry standards of accounting (ISA).

The project was executed based on the solution developed by a command of Homnet Group - HOMNET:NFO.

The NPF stopped the choice on "HOMNET:NFO" since a system combines necessary blocks for full accounting on EPS that at the exit to receive a full-fledged centralized system of accounting and preparation of the reporting. Also the solution was influenced by experience and examinations at Homnet Group regarding implementation of similar projects in other large NPFs what their positive reviews testified to.

According to the work plan, specialists of Homnet Group performed installation and the Pona tuning services of Fund, also executed integration and data translation of the inherited system of Fund to "HOMNET:NFO".

The fund continues to cooperate with Homnet Group on the project of automation of preparation of the reporting in the electronic XBRL format. Automation is executed also on own software product of vendor – XOMHET:XBRL.