Credit Agricole Bank Romania SA has been operating since 1996, having as main shareholder Emporiki Bank Greece with 99.58% of its share capital.
Emporiki Bank, member of the Credit Agricole Group, one of the largest and most dynamic financial groups worldwide, holds activities in domestic and international capital and money markets with 372 Branches and 21 Business Centers within Greece and 97 Branches in Cyprus, Albania, Bulgaria, Romania and the UK. The Group of Emporiki Bank offers a full range of modern products and services to private individuals and corporations, through Emporiki Bank and its affiliate companies thus covering its clientele’s depository, financial and investment needs. Emporiki Bank holds the first position among Greek Banks in terms of credit rating, according to ratings made by international firms.
Balkan Services has successfully finished a project for “Atlantis ERP Financials” Business Management System implementation at Credit Agricole Bank Romania SA, part of a French group, Credit Agricole. Duration of the project was about seven months. It included the integration in the main bank system Oracle FlexCube using Qlik Business Intelligence solution, as well as the implementation of Atlantis Web Services web access platform, which allows more than 100 users to access the company data through desktop computers or portable devices.
The project covers management of interrelationship of all bank suppliers, information about advanced payments to employees, management of future periods’ costs as well as its distribution by cost centers according to the financial company organizational structure. ERP - system is fully synchronized with Romanian National Accounting Standards, International Accounting Standards, as well as with Credit Agricole corporative requirements. Among the new functionalities belongs also the daily reassessment of foreign currency positions and initiating of payments in local and foreign currency in the same time.
An important feature of the new system is that it can manage the Value Added Tax according to the local legislation provisions, and in compliance with VIES and Intrastat standards. Further produces Atlantis ERP any reports required by Credit Agricole Bank Romania SA with relation to the local regulations. The system performs also a modeling of Romanian Chart of Accounts in conformity of Credit Agricole Bank requirements at international level. Within Project frames, created also Balkan Services team a safety policy that specifies the access to various types of corporative data, as well as customers’ groups, and which is entirely adapted both to the Romanian regulatory provisions and to the international standards.
Automated is the fixed assets management of Credit Agricole Bank Romania SA, its reporting under International Accounting Standards, revalorization, and automation of records relevant to depreciation. In fact ERP system carries out an automated accounting; then distributes the resulted depreciation of the period to different cost centers and writes this information in the reports.
