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Monday, 28 November 2011 15:18

Soft-Rating Consult reports on productive start of SAP ERP at UniCredit Bank (PJSC "Ukrsotsbank", Ukraine)

Soft-Rating Consult reports on productive start of SAP ERP system at UniCredit Bank (PJSC "Ukrsotsbank" - a member of the international financial group UniCredit Group) since September 1, 2011. The decision to implement SAP ERP was made on the basis of preliminary survey of business processes conducted by Soft-Rating Consult, and using experience of the system in global banking practice and the experience of SAP ERP implementation in Ukraine.
The project was started in 2010 in order to implement such solutions as financial accounting, fixed assets and material flows, planning, budgetary control, cost control and revenue from business operations, human resources management, as well as some components of the system to meet the requirements of Ukrainian legislation on banking activities.

During the realization the necessary settings were made in full in accordance with business blueprint, and data exchange with external systems (ODB (FlexCube), General Ledger (NewProfix), budgeting (Hyperion)) was set up, also the system conformity to the requirements of national legislation was provided.

An important feature of the project was the realization of seamless integration between the bank complex systems; this allowed to preserve previous investments in computerization of the bank and to get the maximum possible effect from integration on SAP platform.

The success of the project was provided by effective cooperation of the management of UniCredit Group and by active participation of the bank project team. All this helped Soft-Rating Consult consultants to provide timely and with good quality all necessary services on development of business blueprint, on implementation, user training, testing and go in-live keeping up with the budget.

The evidence of the management's careful attention to the project is the decision made by general meeting of the bank shareholders about the adoption of centralized SAP ERP system implementation as one of the three priorities in 2011.

Information about UniCredit Bank (PJSC "Ukrsotsbank")
Public Joint Stock Company "Ukrsotsbank" is nowadays one of the largest systemic universal banks of Ukraine. The Bank was founded in September 1990. The staff amounts to more than 10 thousand employees.
PJSC "Ukrsotsbank" is a member of the well-established international UniCredit Group, one of the largest financial networks covering 22 countries in Europe and additionally 27 countries worldwide. The Group’s network comprises more than 9800 branches with over 165,000 employees (data as of 31 December 2009).
Today, the bank allocated seven macro-regions, each of which combines 3 to 5 regions of Ukraine. Overall, in 26 regions of Ukraine the bank has more than 400 branches. More than 500 users work on SAP systems in Ukrsotsbank.