IT and Finance and Economics departments at Acron have completed the development of a treasury platform that uses a unified interface to provide online access to a comprehensive range of financial data on the Group’s members. They also have robotised the reporting system and introduced business intelligence (BI) analytics.
The treasury platform is a part of the Group’s digital transformation initiative for its financial segment. This project includes the development of new functionalities for the treasury and budget analytics modules of the AIS ERP system and the introduction of robotic process automation (RPA).
Dmitry Balandin, Acron’s Vice President for Finance and Economics, is confident that ‘digitalisation of finance is not just a trend but an actual necessity’. ‘It helps optimise the internal processes and use Big Data solutions to enhance the reliability of management reporting and accelerate decision-making’, he said.
Denis Guzanov, Head of IT Department, added, ‘The opportunity to work in a single corporate system helps our employees comply with uniform standards and reporting forms, while constantly improving the system, simultaneously developing several IT projects at various production facilities and promptly putting them into operations for all sites at once’.
PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading producers of phosphate-based fertilizers, announces that the credit rating agency Expert R...
PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading producers of phosphate-based fertilizers, announces that the Analytical Credit Rating Agen...
The Board of Directors of PhosAgro (Moscow Exchange, LSE: PHOR), one of the world’s leading producers of phosphate-based fertilizers, has scheduled the Comp...