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Project

The Sibirtelecom company implements the solution of accounting records in compliance to Russian accounting standards

Customers: Rostelecom Siberia

Novosibirsk; Telecommunication and communication

Product: Borlas: The BARS System of formation of accounting records according to practice of RAS
На базе: Oracle E-Business Suite

Project date: 2010/06  - 2011/02

Content

Specialists of IBS Borlas implemented in [[Sibirtelecom } JSC Sibirtelecom|Sibirtelecom } JSC Sibirtelecom]] the licensed solution "The System of Formation of Accounting Records according to Practice of RAS".

Reasons

For compliance to practice of RAS and also for the purpose of reduction of terms of preparation of the reporting and simplification of process of work of accounting in Sibirtelecom IBS Borlas The system of formation of accounting records according to practice of RAS JSC " implementing solution was initiated.

Solution

The essence of the solution implemented in JSC Sibirtelecom consists that booking data from a corporate information system are loaded into the data warehouse where on their basis according to the qualifiers set by users reports are created. The solution is integrated with management subsystems finance, material flows, personnel.

The analysis showed that the western ERP system effectively solves problems of management accounting, however the companies should make many efforts for setting of the Russian accounting and tax accounting. The format of the data of the western system provided by standard reports requires essential time expenditure on adaptation of personnel to work in a new system.

Opinion

"We are satisfied with a project deliverable and business process optimization in the field of preparation of the reporting of the company, - the CIO of JSC Sibirtelecom Evgeny Shalnev noted. - The designer of reports and library of ready forms gave to our block of accounting and the reporting an opportunity to work more quickly and precisely and also to prepare new forms of the reporting without involvement of developers. Transition to new technologies provides us big efficiency of work and saves the company from finance costs".