"Astron of Bildings" decided to implement "Homnet: IFRS"

The European construction group of Astron companies automates the Russian representative office – Astron of Bildings LLC, using the program "Homnet: IFRS". Implementation of this solution developed by Homnet Consulting company will allow to prepare "Astron of Bildings" the reporting under international standards for transfer to the head department located in Luxembourg.

In 2010 "Astron of Bildings" faced the need to automate process of a reporting preparation according to IFRS for its providing in head office of the company in Luxembourg. "Astron of Bildings" made the decision to implement the software product "Homnet: IFRS" on the 1C:Enterprise 8 platform.

"Homnet: The IFRS" are developed by Homnet Consulting company and intended for reporting according to the principles of international standards (MSFO, GAAP) and also for conducting managerial financial accounting.

The specialist of 1C of Astron of Bildings company Evgeny Malyshev commented on the choice of a product: "We carried out monitoring of IT solutions, available in the market, having selected two most acceptable: specialized program "Homnet: IFRS" and the module for automation of IFRS based on "1C: Manufacturing Enterprise Management 8". As a result we stopped on the first option: easy integration of a new product into "1C: Accounting 8" set in our company was the most important parameter".

Implementation "Homnet: The IFRS" are executed by forces of specialists "Astron of Bildings" with remote support of Homnet Consulting company. The project started in September, 2010 and is implemented in short terms: until the end of a month a system should be brought into test operation. The number of users of a system will be 10 people.