Sintegs helped Investment Era Management Company launch accounting

2024: Accounting launch

Sintegs helped the Investment Era Management Company launch accounting. Sintegs announced this on May 13, 2024.

The companies together analyzed which systems and which reports are needed to start work in accordance with the requirements of the Central Bank.

Investment Era Management Company was just preparing to enter the market and wanted to understand how to set up accounting and what reports will need to be automated in the first place. The company applied to Sintegs for a recommendation.

Based on the experience of working with management companies, Syntegs experts prepared a list of 46 reports and notes for automation and a plan for integrating Syntegs OSBU and XBRL Factory systems into the UK infrastructure.

As noted by Andrey Yermoshin, functional architect of Sintegs LLC, in terms of OSBU, the lack of historical data simplifies the launch of accounting for companies only starting activities. Under these conditions, installing the program and training users is enough to get started.

At the next stage, data exchange between the XBRL Factory, Syntegs OSBU and the trust management system was configured. At the same time, users can also download files from other systems themselves.

It is convenient to work in programs, and the functionality is sufficient to perform tasks related to accounting for the economic activities of the management company and compiling reports of a professional participant. ERA Investment Management continues to adhere to a single approach related to the involvement of Syntegs in terms of tasks related to XBRL, - said Arina Sapronova, Deputy General Director-Operating Director of Era Investment Management.