Armsoft and Lernametalurgiai Institute companies signed a contract of AS-Enterprise system impementation in August 2017. The following subsystems of AS-Enterprise system will be implemented:

• Accounting
• Fixed Assets
• Inventory Holdings
• Payroll

   Lernametalurgiai Institute was founded in 1952 by Ministry of non-ferrous metallurgy of the USSR, as the Yerevan branch of Moscow Giprotsvetmet design institute.

   The Institute is a scientific-research and design institute having importance in the sphere of mining-metallurgy of the region. It realizes its activiy in two main structural divisions: design and scientific.

   System implementation will enable the company to receive various analytical reports. The system is based on common database, which will enable to provide interconnected work of different subdivisions and accelerate business processes.

   AS-Enterprise system will enable the company to:

• Manage employee data
• Receive internal and tax reports about wages and calculated taxes
• Keep financial and tax accounting according to international standards
• Make multilateral financial analysis
• Receive financial and tax reports
• Modify reports and printing forms
• Control contractual obligations, debtor and creditor debts, analyze overdue debts
• Get full audit of transactions