Corporate Performance Management
By implementing improved finance management processes for the holding company, IAS consolidated financial reporting as well as the operational budget planning for the holding.
Objectives of the project
Creating an SAP finance management system and unified reporting system based on US GAAP for Urals Energy group.
Measurable & concrete results
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The system now automatically prepares management reporting and DashBoards for Urals Energy senior management.
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The system substantially reduced the budgeting time and enabled more time to be spent on analysis and decision-making.
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The system improved the quality of planning and planning and transparency of budgeting processes.
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The system also enables IAS standards financial reporting
