OREANDA-NEWS. M.video digitizes and migrates its primary accounting records into CROC's Virtual Data Center.

Today, M.video’s electronic archive includes accounting documentation from three branches. The company's specialists send hardcopy documents to CROC and the next day they can already access these documents in electronic format from the archive, then search, view, send and print them. Approximately 40,000 pages are processed monthly.

"Tax inspections, insurance cases and other situations which involved the finding and providing of primary accounting documents were a big headache for us. On one occasion, searching for documentation requested by an insurance company took two months. Today, it can be done in several minutes," says Christopher Parks, Financial Director, M.video.

"The company is fully satisfied with the solution: we did not need any capital investment in hardware, software or infrastructure, nor did we have to expand our IT team because CROC is responsible for document processing. If necessary, we can integrate the entire archive functionality into M.video information systems. Hosting in CROC's cloud guarantees document security and confidentiality with the convenience of secure access from the web browser," says Igor Veselov, IT Operations Director, M.video.

"Just imagine: the cost of this service is two to three times less than the total cost of internal electronic archive ownership over a five-year period. This is an essential solution for large companies with multiple suppliers. I'm sure that the future belongs to such services," says Ruslan Zaedinov, Deputy Director General, Head of Data Centers and Cloud Computing, CROC.

M.video is the largest Russian electronics retailer. In 2012 the company’s retail sales reached 158 billion Russian rubles (with VAT) demonstrating 20% year-on-year growth and LfL growth of 9,3%. M.video runs 303 brand name stores in 133 Russian cities and employs over 17,000 people. M.video sales per sq. m amounted to 308,000 rubles in 2012.

Since November 2007, M.video has been the first and the only publicly traded company in the domestic non-food retail sector. The company’s shares are traded on Russian MICEX-RTS (ticker: MVID) and its majority shareholders are founders: Alexander Tynkovan, Mikhail Tynkovan and Pavel Breev.

M.video is one of the founders of the Association of Internet Commerce Companies (AKIT).

CROC is the number one IT infrastructure design and implementation company in Russia (IDC reports, 2002-2012) and the leader in the Russian IT services market (PAC, 2012). CROC is one of the five largest IT companies in Russia (RIA Analytics 2012; Expert Rating Agency 2011) and one of Russia’s top 100 private companies (Forbes ranking of 200 Largest Private Companies in Russia, 2012).