Russian subsidiary Laboratorios Hipra S.A uses SAP Business One with consulting support from CMD-Soft

2023: Continued SAP Business One

Hipra Rus LLC continues to use SAP Business One with the consulting support of the IT company CMD-Soft. The system implementation project was completed in the summer of 2020. The decision ensured the inclusion of the Russian office in the unified information space of a multinational company, supporting the maintenance of Russian accounting and tax accounting processes. The company "CMD-soft" announced this on March 6, 2023.

The head office of Laboratorios Hipra S.A uses SAP ERP, which clearly determines the choice of the SAP Business One software product to standardize the approaches to managing the business processes of subsidiaries. The main criterion for the success of the implementation project was the ability to submit tax reports from the SAP Business One system. In general, the project covered sales, procurement, commodity movement, accounting and tax accounting according to Russian legislation and international standards.

As a result of the project, carried out in partnership with CMD-Soft, our head office has the ability to track the products shipped to us, as well as analyze and predict the demand for production and supply. Also, the parent company can now receive consolidated financial statements without their preliminary preparation from our side. "CMD-Soft" accompanies our SAP Business One system, in particular, provides services for adapting accounting policy settings when changing the Legislation of the Russian Federation and formats for unloading tax returns, "commented Liubov Zamashkina, General Director of Hipra Rus LLC.

{{quote 'It should be noted that Hipra Rus introduced one of the latest versions of SAP Business One, which implemented improvements in the field of automation of Russian accounting and tax accounting. As part of the localization of the software product, various nuances of the formation of tax reports and the provision of current formats of declarations were thought out. The presence of such mechanisms greatly simplifies the processes of configuring the ERP system, - said Olga Orlova, executive director of CMD-Soft JSC. }}