Aréas Assurances manages its financial flows according to SEPA standards

Aréas Assurances is an independent group composed of the mutual insurance companies Aréas Dommages and Aréas Vie.

As the 7th largest network of general agents in France with 520 points of sale, Aréas offers personal protection, property protection and long-term retirement savings solutions for individuals, professionals and businesses.

Aréas manages 2 billion euros in assets and its 1,600 employees provide efficient services to some 400,000 clients.

A considerable volume of samples

Aréas Assurances was looking for a fast, simple and economical solution to manage more than 1,000,000 direct debits, 140,000 direct debit mandates and 300,000 annual transfers, taking into account the new standards without disrupting its current tools: 5 business applications to manage property and life processes, a treasury and banking communication application.

After comparison, Aréas Assurances selected the offer from NEOFI which proposed to combine the MA€A* mandate and direct debit management solution (used by more than 150 direct debit issuers, representing 400 million direct debits per year) with its NEOFI Link .

As an ideal technological complement to a mandate management solution, NEOFI Link enables companies to be SEPA-ready without changing their existing information systems, representing a real saving compared to traditional solutions.

The MA€A offer also allows, as an option, the complete digitization of the mandate acquisition process through electronic signature mechanisms and the CGPass electronic vault. Both incoming and outgoing disbursements and receipts are managed with NEOFI Link , without impacting existing systems.

A fully customized solution

"The speed of operational implementation allowed us to meet the February 1, 2014 deadline. Even though the obligation has been postponed, we are confident because Aréas Assurances is ready for SEPA."

Véronique NAPAME, head of the accounting software application

Quick and flexible to implement , NEOFI solutions are available both in SaaS mode (shared service accessible via the internet) and in On-Premise mode (installed in the information system).

To ensure seamless and secure data exchange, MA€A, accessible remotely via SaaS, is coupled with NEOFI Link, installed directly within the company's systems. This hybrid (SaaS/installed) offering is unique. The combined expertise of both companies allows for a dedicated solution that can be easily adapted through simple configuration adjustments, thus reducing integration costs .

Access to the processes and formats available with NEOFI, as bank guidelines and regulations evolve, enhances flexibility.

Why did you use NEOFI?

The solution implemented

The progress of the project

The results