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SAP Business One at Silk Road Group companies
SAP Business One at Silk Road Group companies

Silk Road Group (SRG) is one of the largest business groups in Georgia, employing more than 5,000 people. SRG ‘s core areas of business are hospitality business, real estate, telecommunications, energy and transportation. The Silk Road Group includes many international award-winning hotels Radisson Blu Iveria Tbilisi, Radisson Blu Batumi, Radisson Collection Tsinandali Estate, Park Hotel Tsinandali.

To simplify the accounting and reporting of the companies in the group, SRG decided to introduce a modern ERP system.

At the request of the company, it was decided to introduce SAP Business One and its consolidation Add-on – Intercompany. Through them the company will be able to:

  •  Standardize the accounting of companies included in the group
  •  Consolidate the group’s financial results at the group level
  •  Automate group internal transactions

At the beginning of the project, SAP Business One was introduced in the parent company, then the system was introduced in groups at several companies in the group at the same time through the so-called rollout method.

SAP Business One is currently fully operational in most of the group companies. By the end of the year, consolidation Edon Intercompany is planned to be introduced in SRG, after which the financial management capabilities of the business group will be further enhanced.

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