Aréas Assurances manages its financial flows according to SEPA standards

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

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

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

A considerable volume of samples

Aréas Assurances was looking for a quick, simple and economical solution allowing it 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 damage and life processes, a treasury and banking communication application.

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

An ideal technological complement to a mandate management solution, NEOFI Link makes it possible to make companies ready for SEPA 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 dematerialization of the mandate acquisition process thanks to the electronic signature and CGPass electronic safe mechanisms. Outward and return disbursement and collection flows are managed with NEOFI Link , without the tools in place being impacted.

A completely personalized solution

“The speed of operational implementation made it possible to meet the deadline of February 1, 2014. Even if the obligation was postponed, we are calm because Aréas Assurances is ready for SEPA.”

Véronique NAPAME, responsible for the accounting IT application

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

To provide continuity of exchanges without security gaps, MA€A, accessible remotely in SaaS, is coupled with NEOFI Link in installed mode at the heart of the company's tools. This offering with a hybrid structure (SaaS / installed) is unique. The combination of the business expertise of the two companies makes it possible to offer a dedicated solution that can be adapted by simple settings to reduce 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