IES Holding implements the program of treasury operation automation and creation of the Central Treasury Information System based on the SAP company information solutions. It was named "Treasury", and by late 2009 will be introduced in all IES divisions, whether or not they run the ERP system ("Turbine" project). "Treasury" provides an instrument for liquidity control and planning throughout the Holding, including forecast generation, banking payment system interface, outgoing payments planning, actual client payments collection recording. "Taking into account the fact that the cash situation in the market requires special attention at the moment, we implement new liquidity management technologies and make use of the best Russian and foreign practices", states Aleksey Zakrevsky, the project monitor and Vice-President for Financial Control of CJSC IES. Implementation of the program is performed by OJSC Group Vista on the basis of the methodology developed by the consultants of the international company KPMG. By this moment the program has been successfully implemented in the Generation Urals, Generation Center, and Trading Divisions. A pilot project has been started in the Retail Division. OJSC Kirovenergosbyt was chosen as the project site. "According to the IT development strategy of IES, in 2010 the focus of attention will be on the projects related to the automation of business planning and budget management. Therefore, the "Treasury" project is one of our priorities", says Dmitry Sergienko, Vice-President for Information Technology of CJSC IES. |
