Development of the «Financial and Management Consolidation System» based on SAP Business Planning and Consolidation for NetWeaver ver.7.5 as part of a joint Project Team for LUKOIL OVERSEAS HOLDING LTD. (SBUK).
The Financial and Management Consolidation System implementation let us achieve qualitative modifications in the processes of budgeting and consolidated financial reporting according to the increased requirements to the promptness of timely management decision making on the basis of full-scale analysis of the LUKOIL Overseas Holding Ltd. companies' activity.
The project was successfully completed, the system is in production operation.
* The project was implemented by the Parma-Telecom company (ITPS Group)
** The material is available in Russian version only
“The team’s high level of expertise enabled us to find effective solutions to all tasks set for the project. LUKOIL Overseas Holding Ltd. would like to sincerely thank ITPS for its help”.
Chief Accountant of LUKOIL Overseas Holding Ltd., SBUK Project Manager, Ruslan Kiselev.