EnergyNetwork (EV-Group) (ITAN: Management Balance Sheet)

2023: Pilot launch of consolidated accounting under IFRS

The following activities were carried out during the implementation process:

• Regulation of lists of reports, formats, amendments to IFRS;
• Installation, configuration and connection to the common core of the ETHAN: Management Balance system of the ITAN: IFRS solution;
• Application of IFRS reporting methods, development of financial position statements and IFRS balance sheet;
• Pilot operation of the system;
• Support, methodological and consulting support;

Results obtained:

• Full picture of the financial and economic state of the business;
• Audibility, transparency and shortening of reporting time;
• The ability to generate information about the financial performance of the company and its ability to generate cash flows;
• A platform has been built for the further development of IFRS reporting as well as risk reporting.

Project term: February 2023

2022: Start of corporate accounting automation project under IFRS

The following activities were carried out during the implementation process:

• Regulation of lists of reports, formats, amendments to IFRS;
• Installation, setup and connection to the common core of the "ITAN: Management Balance" system of the "ITAN: IFRS" solution;
• Application of IFRS reporting methods, development of financial position statements and IFRS balance sheet;
• Pilot operation of the system;
• Support, methodological and consulting support.

Results obtained:

• The product "ITAN: Management Balance" has been implemented.
• The "Advanced" kit was delivered: Electronic delivery with a license for 20 users, including the subsystems: "Financial accounting" and "Means of exchange."

Project term: May 2022