27 april 2004
GMCS launches accounting statement development project under Oracle E-Business Suite for Metafrax
Oracle E-Business Suite is in pilot operation at Metafrax since January 2003. 

The main project's objective is obtaining necessary and sufficient analytical information for generation of accounting statement forms. The project shall considerably simplify work of an accounting office for verification of accounting calculations and generation of statement forms.

GMCS was awarded master project contract. Work is performed with participation of Oracle CIS' consultants. 

GMCS and Metafrax started their cooperation at the end of 2001 as a project for implementation of an integrated computer-aided enterprise resource management system was launched on the basis of software system Oracle E-Business Suite R11i. The system introduction team consisted from consultants of IT, Borlas, GMCS and TOPS BI, while project management was performed by Consulting Department of Oracle CIS. 


METAFRAX is one of the Russia's largest chemical enterprises exporting up to 42% of its products. Methanol is the most important for the company out of 11 main chemical products manufactured by the company. 

Within recent years the company has been awarded with over 20 international prizes for technology and quality, and for high level of services provided which is a witness of recognition Metafrax in the European and international markets.
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