The Mousquetaires-IntermarchÃ© Group, created in France in 1969, has since developed 10 specialized retail brands including : BricoMarchÃ©, InterMarchÃ©, EcoMarchÃ©, LogiMarchÃ©, RestauMarchÃ©, VÃ©tiMarchÃ©, StationMarchÃ©, Le Relais des Mousquetaires, Netto and Espace Temps and enjoys a large European presence in 8 countries.
The Mousquetaires-IntermarchÃ© Group was in search of a system which would automate their cash management, reconciliation, and banking communication processes while securely integrating their remote payments using the Edi 5/Etebac 5 protocol.
The key selection criteria as defined by the CFOâs department was that the solution should integrate seamlessly with their existing Citrix MÃ©taframe based architecture ; XRT solutions complied with this request while offering additional benefits such as an intuitive user interface and ease of deployment. The solution also had to comply with the groupâs demands in terms of security level, handling of large volumes of data, and ease of access for over 140 remote users throughout Europe processing high numbers of payment orders requiring appropriate validation through electronic signatures.
The subsidiaries that had previously implemented XRT solutions had already demonstrated a first return on investment. This initial productivity and cost improvement induced the group to extend the standardization process to the whole group.
The XRT solution deployed at the Mousquetaires-IntermarchÃ© Group will become the foundation of a common workspace - optimizing account balances and liquidity management, allowing more precise management of the cash position, streamlining payments and bank reconciliations and possibly leading to evolutions such as the use of French "Virements Commerciaux" (electronic discountable commercial transfers) to replace paper based payments.
"This new contract, together with our recent contract in the US with Cigna, demonstrates our capacity to offer solutions truly adapted to the needs of multi-site companies to optimize their Financial Value Chain" comments Didier Martin, Director of Large Accounts, XRT SEMEA (Southern-Europe, Middle-East, Africa). "Moreover, I am delighted by the signature of this new contract on a European scale with the Mousquetaires-IntermarchÃ© Group, which further confirms their confidence in our solutions and services."