| Customers: EuroChem Contractors: CRETE (KRIT) Product: SAP BPC for SAP BW/4HANASecond product: SAP NetWeaver Business Warehouse (SAP BW/4HANA) Project date: 2024/06 - 2025/03
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2025: Implementation of IFRS Consolidated Financial Reporting System
The Company CRETE has implemented a project to unify the collection data and implementation of an automated system IFRS for generating consolidated statements for the Group's industry assets. "EuroChem
Within the framework of the project, a unified consolidation methodology was introduced with the automation of adjustments (elimination of VGO, consolidation of capital, margin exclusion and reclassification). The system provided automatic data checks, increased the accuracy and speed of reporting, and created a single information space for management decisions.
Key results:
- Unified processes for collecting data from heterogeneous accounting systems.
- Algorithms of consolidation corrections and reporting forms with decryptions have been developed.
- Automation of data correctness checks and financial logic has been implemented.
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