Project for Smith & Nephew

Unification of key business processes; accounting automation at the Russian office


Task
Adapt the ERP solution used by Smith & Nephew global office to the Russian branch
Timing
8 months

Project goals

Provide the Russian branch's compliance with Smith & Nephew global requirements
Unify key business processes at Smith & Nephew
Automate the local accounting

Project features

The global ERP solution was tailored to the requirements of the local legislation and industry-specific standards
Uncertainty risks were minimised due to Gap Arbitration process, which means every new proposal or request emerging during the project was subject to trilateral verification – by the client headquarters' representatives, the client's international IT partner, and the Navicon project team

Results

Results
The medical producer's Russian branch – LLC Smith&Nephew (Russia) – has got an automated information system that allows parallel accounting (financial, tax, managerial) under IFRS and RAS (Russian Accounting Standards). Besides, the project helped optimise the commodity import management and customer order processing.
Results in figures

100

solution users
Results in figures

3

Trilateral verification of every proposal or request emerging during the project

Feedback

«We chose Navicon for ERP system adaptation on the basis of the company's expertise, its successful history of complex international projects on Microsoft Dynamics AX implementation, and positive feedback from Navicon's clients. The time we had for the project fulfillment was limited, whereas the functionality of the solution to be implemented was complicated and demanding – in regard to, for instance, parallel accounting. Navicon team proved to be competent and experienced, as it completed all the tasks and resolved all the matters emerging during the project in time. To a large degree, this was possible because of the close cooperation between the integrator's team and Smith & Nephew project team».
Nikolay Shiparov, Projects Manager at Smith & Nephew Russia

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