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February 2, 2021

LIKE BUSINESS Accounting Management Automation with 1C‑Rarus:Finance Management 3

LIKE BUSINESS Accounting Management Automation with 1C-Rarus:Finance Management 3.

Like Holding Company is a business founded by young entrepreneurs led by Ayaz Shabutdinov, which provides business educational services. LIKE BUSINESS Clients gain practical knowledge on how to start and take off their business.

The LIKE BUSINESS management team has decided to implement an automated accounting system.

The grounds for this decision were some difficulties the Company faced while gathering management reports. Excel and Google spreadsheets were not able to ensure the prompt generation of reports for the Holding Company. Due to the segmental record keeping, it was labor-intensive to collect general Company information. There was a high probability of data loss or misrepresentation while generating analytical reports. The planning process was also quite complicated and time consuming.

Project Objectives

  • Improve productivity by efficient planning: Generating budgets of different departments in the automated system and automatic data gathering from income & expense budgets and cash flow budgets.
  • Reduce labor intensity and increase operational efficiency of the management report generation: automatic generation of plan/actual report of cash flows.
  • Consolidating data relating to financial flows in a single information base using automatic data import from payment systems.
  • Improve transparency and control over banking operations: generating spend approval requests by “Products”.

In order to achieve these objectives, the LIKE BUSINESS management team turned to 1C‑Rarus, a highly professional and reliable partner with vast experience in the automation of accounting systems and certified under ISO 9001:2015 management quality system.

1C‑Rarus specialists advised creating a new system based on 1C‑Rarus:Finance Management 3 and developed on the 1C:Enterprise 8 platform.

The software implementation enabled the automation of all business processes of the financial department related to the generation of Company budgets and spend approval requests. The new accounting system allows the Company to approve payment requests, generate payment registers, and prepare budgets for developments.

 Within the Project, 1C‑Rarus specialists performed the following:

  • Collection and analysis of customer’s requirements into the automated system;
  • Scheduling of work stages and creating a scheduled plan;
  • Methodological support and technical implementation of specific accounting and management features in the automated system: Adjustment of the standard configuration according to the Client’s requirements;
  • Integration with third-party systems;
  • Initial settings to start keeping accounting records;
  • Assistance in entering initial balances;
  • Data migration from other automation systems;
  • User training on how to use the software;
  • DBMS server configuration.

The system has been launched and put into operation; 30 workstations have been automated. The Company is planning further software development.

Industries
Professional Services
Products
1С-Rarus:Finance Management 3
Office
1C-Rarus Moscow
The number of ARM
30
Client cities
Moscow
Thanks for the introduction
Letter of thanks Appreciation letter in English
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Customer Testimonial

Like Holding Company is a business founded by young entrepreneurs led by Ayaz Shabutdinov which provides business educational services. LIKE BUSINESS Clients gain practical knowledge on how to start and take off their business.

The LIKE BUSINESS management team has decided to implement an automated accounting system.

Project Objectives:

  • Improve productivity by efficient planning: generating budgets of different departments in the automated system and automatic data gathering from income & expense budgets and cash flow budgets.
  • Reduce labor intensity and increase operational efficiency of the management report generation: automatic generation of plan/actual report of cash flows.
  • Consolidating data relating to financial flows in a single information base using automatic data import from payment systems.
  • Improve transparency and control over banking operations: generating spend approval requests by "Products".

In order to achieve these objectives, the LIKE BUSINESS management team turned to 1C-Rarus, a highly professional and reliable partner with vast experience in the automation of accounting systems and certified under ISO 9001:2015 management quality system.

1C-Rarus specialists advised creating a new system based on 1C-Rarus:Finance Management 3 and developed on the 1C:Enterprise 8 platform.

The software implementation enabled the automation of all business processes of the financial department related to the generation of Company budgets and spend approval requests. The new accounting system allows the Company to approve payment requests, generate payment registers, and prepare budgets for developments.

Within the Project, 1C-Rarus specialists performed the following:

  • Collection and analysis of customer’s requirements to the automated system.
  • Scheduling of work stages and creating a scheduled plan.
  • Methodological support and technical implementation of specific accounting and management features in the automated system: Adjustment of the standard configuration according to the Client’s requirements.
  • Integration with third-party systems.
  • Initial settings to start keeping accounting records.
  • Assistance in entering initial balances.
  • Data migration from other automation systems.
  • User training on how to use the software.
  • DBMS server configuration.

The system went live on 30.11.2020. 30 workstations have been automated.

We express our gratitude to 1C-Rarus for our mutually beneficial collaboration and qualified service provided for the task solution. It is a great pleasure to work with highly experienced specialists who can render professional services at a top level.

Sergey Merkulov, CFO of comments on the project results,

“At the very beginning of the Project, we managed to achieve effective communication and built a good relationship with the Project team.

They have carefully studied our business processes, and correctly formulated the tasks.

Any issue that occurred during the process was resolved at high quality standards. We were always able to find the optimal solution to controversial issues. At the same time, the Project team was always guided by the Project objectives, without "the rightness" attitude during the process.

All queries and tasks have been successfully completed with high quality solutions. I am really delighted with the result!“

5-point scale rating of the implemented information system according to the following parameters:

Compliance with the company’s needs (Where 5 means that all required features have been implemented in the information system)

Convenience of the system operation (Where 5 means that it is easy and convenient)

Rate the work quality of the 1C Partner (Where 5 means that you are satisfied with the Partner’s work)

Would you recommend this solution to your colleagues to use it for the automation of their business activities?

Confirmation of 1С:Enterprise Implementation

Management Accounting Automation At LIKE BUSINESS With 1C-Rarus: Finance Management 3

Customer:
LIKE BUSINESS
Branch, business activity:
Consulting company
City/Town/Locality:
Moscow
Go live
11/30/2020
Accepted to go-live:
Yes
Implementation done by 1С Partner:
1C-Rarus
We hereby confirm the implementation of the following standard 1С:Enterprise solution(s) in our company:
1С-Rarus:Finance Management 3
Completed the following work:
  • Software selection and support options consulting.
  • Selected software products sale.
  • Software delivery to the customer's office.
  • Gathering and analyzing customer's requirements to the automated system.
  • Scheduling work stages and creating a scheduled plan.
  • Methodological support and technical implementation of management and accounting data in the system (requirements to the customization): 1C-Rarus specialists adjusted the standard system according to the customer's requirements.
  • Integration with third-party software.
  • Initial settings of standard/business app to start keeping records.
  • Entering opening balances / assistance in entering balances.
  • Data migration from previous systems.
  • Individual training in the customer's office.
  • SQL server configuration.
Automated Functions:
  • Finance, management accounting, performance monitoring.
  • Budgeting, finance planning.
  • Management accounting.
  • Financial analysis.

Confirmation of 1С:Enterprise Implementation

"LIKE BUSINESS" Accounting Management Automation With 1C-Rarus: Finance Management 3

Operation mode:
Client-Server
Quantity of automated workstations:
30
Quantity of concurrent users:
Using Web-Client: 30
Additional information about software implementation:

"Like Holding Company" is a business founded by young entrepreneurs led by Ayaz Shabutdinov which provides business educational services. LIKE BUSINESS Clients gain the practical knowledge on how to build up and take off their business.

The LIKE BUSINESS management team has decided to implement an automated accounting system.

The grounds for this decision were some difficulties the Company faced while gathering management reports. Excel and Google spreadsheets were not able to ensure the prompt generation of reports for the Holding Company. Due to the segmental record keeping, it was labor-intensive to collect general Company information. There was a high probability of data loss or misrepresentation while generating analytical reports. The planning process was also quite complicated and time consuming.

Project Objectives:

  • Improve productivity by efficient planning: Generating budgets of different departments in the automated system and automatic data gathering from income & expense budgets and cash flow budgets.
  • Reduce labor intensity and increase operational efficiency of the management report generation: automatic generation of plan/actual report of cash flows.
  • Consolidating data relating to financial flows in a single information base using automatic data import from payment systems.
  • Improve transparency and control over banking operations: generating spend approval requests by "Products".

Confirmation of 1С:Enterprise Implementation

"LIKE BUSINESS" Accounting Management Automation With 1C-Rarus: Finance Management 3

Additional information about software implementation:

In order to achieve these objectives, the “LIKE BUSINESS” management team turned to 1C-Rarus, a highly professional and reliable partner with vast experience in the automation of accounting systems and certified under ISO 9001:2015 management quality system.

1C-Rarus specialists advised creating a new system based on 1C-Rarus:Finance Management 3 and developed on the 1C:Enterprise 8 platform.

The software implementation enabled the automation of all business processes of the financial department related to the generation of Company budgets and spend approval requests. The new accounting system allows the Company to approve payment requests, generate payment registers, and prepare budgets for developments.

Within the Project, 1C-Rarus specialists performed the following:

  • Collection and analysis of customer’s requirements into the automated system.
  • Scheduling work stages and work schedule calendar.
  • Methodological support and technical implementation of specific accounting and management features in the automated system.
  • Adjustment of the standard configuration according to the Client’s requirements.
  • Integration with third-party systems.
  • Initial settings to start keeping accounting records.
  • Assistance in entering initial balances.
  • Data migration from other automated systems.
  • User training on how to use the software.
  • DBMS server configuration.

System went live.

30 workstations have been automated.

The Company is planning further software development.

Information technology support (ITS):
  • Subscribed for the beneficial 1C:ITS support.
  • ITS web-version and web-servers used.
  • Consulting on the methodological issues concerning the 1C use.
  • Consulting on technical issues on 1C use.

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