Genbank introduces innovations in management accounting

2024: Implementation of Automated Management Reporting System

Since December 2024, Genbank JSC is putting into commercial operation a system of automated preparation of management reporting and calculation of the transfer cost of resources. The project, which is an important step in the development of Genbank, was implemented in cooperation with the domestic company Intersoft Lab on the RCPM platform Kontur. Intersoft announced this on November 27, 2024.

The introduction of this system will be another important step towards creating a better and more transparent banking service for our customers. The management accounting system is an important step towards a deeper understanding of our business and customer needs. We are aimed at developing a product line for small and medium-sized businesses, - commented Elena Blinova, Chairman of the Management Board of GENBANK JSC.

Genbank continues to work to improve the quality of customer service and increase the transparency of internal processes.

With the launch of the project, we are confident that we will be able to manage our resources even more efficiently and provide customers with the best solutions, "said the Chairman of the Management Board of GENBANK JSC.

According to Intersoft Lab, as a result of the project implementation, the efficiency of the preparation processes and the necessary analytical detail of the main management reports on items, currencies, divisions and banking products were achieved, the processes for calculating the transfer cost of resources were established.