In December 2014 Armsoft and Yerevan State University of Architecture and Construction signed a contract. According to the contract AS Enterprise system will be implemented in the University with the following subsystems:

• Accounting
• Fixed assets
• Inventory holdings
• Payroll
• Human resources

Implementation will enable to create common database which will provide interconnected work of different subdivisions and accelerate business processes.

AS-Enterprise system maintains the following main functions:

• Financial and tax accounting according to international standards
• Multilateral financial analysis
• Financial and tax reports
• Control of contractual obligations, debtor and creditor debts, analysis of overdue debts
• Recording and tracking students’ tuitions
• Full audit of transactions