Since 2022, Narxoz University has been actively executing scientific projects commissioned by the subsoil user – «RG Gold» LLP. Among the initial projects successfully implemented is the creation of an automated budgeting system for the enterprise. On December 28, 2023, the scientific team, led by Professor Aigul Nurpeisova, a Candidate of Economic Sciences, presented the outcomes of their work within the scope of this project.
At the commencement of the event, Miras Daulenov, President of Narxoz University, highlighted that the institution is currently vigorously advancing both fundamental and applied research. An essential gauge of the progress in scientific endeavors is evident in the fact that, in 2023, new grant financing projects were secured from both the state budget and international donors, as well as private companies. The speaker emphasized the significance and potential of implementing applied research at enterprises commissioned by the subsoil user.
Marat Shaimardanov, the Financial Director of «RG Gold» LLP, highlighted that during a period of intensive development, the company encountered challenges related to the inadequacy of automation systems to handle accelerated growth rates. Since the beginning of the past year, a decision was made to actively implement automation across various domains, including accounting, logistics, warehouse management, and more. The outcome of this initiative was a substantial reduction in the time dedicated by management to daily processes, resulting in enhanced operational efficiency and improved decision-making quality.
Marat Shaimardanov expressed confidence that the reports prepared for the round table would capture the interest of a broad audience, given their practical applicability. In concluding his speech, he extended gratitude to the cohesive team that successfully executed this ambitious project.
The event commenced with a solemn ceremony marking the signing of a new Agreement on the implementation of scientific projects in 2024. The parties conveyed their belief that advancing scientific potential in addressing the enterprise's strategic objectives would contribute significantly to enhancing its efficiency.
The discussion on the outcomes of the budgeting automation project was initiated by project manager Aigul Nurpeisova. Throughout her presentation, she delved into the primary challenges confronting the mining industry amidst digital transformations, sharing approaches to overcoming them within the context of contemporary market development.
Yelzhas Suleimenov, Head of the Financial and Analytical Service at «RG Gold» LLP, provided a detailed overview of the results stemming from the implementation of budgeting automation within «RG Gold».
«Valuemont» actively participated in the practical aspect of the research project and the integration of its results into production. Co-founder and Commercial Director Evgeniy Velesevich, along with CEO Natalia Demina, discussed the significance of digitalization in the realm of integrated planning and management. Their speeches underscored the challenges and potential advantages of employing modern technologies for more effective business management.
Dilmina Kuatova, a senior researcher on the project and Ph.D. in Economics, presented a scientific analysis of key performance indicators within the automated budgeting system, specifically within the context of «RG Gold» LLP's activities. Her research encompassed an evaluation of the practical effects and potential benefits resulting from automation implementation.
Dilmina Kuatova, a senior researcher on the project and Ph.D. in Economics, presented a scientific analysis of key performance indicators within the automated budgeting system, specifically within the context of «RG Gold» LLP's activities. Her research encompassed an evaluation of the practical effects and potential benefits resulting from automation implementation.
The event concluded with a discussion wherein participants identified common trends in the development of digital technologies within the mining Industry of Kazakhstan. The Q&A session provided participants with an opportunity to deepen their understanding and gain insights from industry experts. The questions covered a broad spectrum of topics, ranging from technological innovations to strategies for optimizing business processes.