Paris, May 10, 2005 - Colas, the world leader in the construction and maintenance of infrastructure for transportation, urban development and leisure facilities, has retained Atos Origin to assist it in deploying a new cash management and banking data interchange architecture. The new web-based cash management platform marketed, built and run by Atos Origin as an application service provider is supported by the Kyriba cash management solution and by DataLog Finance for banking data management.
The new cash management platform will replace Colas' current decentralized applications. Implementation of web-based technologies will enable the Group's forty-five cash managers based at the head office and in twenty regional subgroups across metropolitan France to access all of the platform's features via an Internet browser.
Seamless access to a single application backed by a unified database will facilitate the synchronization, coordination and reliability of Colas' consolidated cash positions. Presently, they are obtained by extracting files from the cash management system, installed locally in the regional sub-groups, and then transferring them to the head office.
The new platform will enable:
Â· All the users to share a single database, managed and administered by the Central Cash Management Office.
Â· Automatic distribution of banking data across the organization, to all the accountants and other employees who need it.
Credits and debits will be fed to the platform daily from the one thousand Colas bank accounts and will be ERP-interfaced in both directions. Some 6,000 transactions will be processed every day.
Claude MÃ©gevet, Deputy Financial Officer of Colas, noted that "setting up this platform is part of our strategy of aligning all our cash managers and accountants around the same tools and procedures, while still letting our local subsidiaries manage their cash as they see fit. In a later phase, the platform will be deployed to our subsidiaries outside France as well."
By running the platform in ASP mode, Atos Origin will free Colas from having to manage hardware and software installation, maintenance, supervision and back-up operations. That's because the platform's build and run contract comprises a service level agreement covering such areas as performance, high availability, critical-time continuity of service by means of redundant infrastructure located at two physically separate sites, data security, back-up procedures and procedures for updating through new functional and technical releases.
As the cash management platform is already up and running, it can be quickly deployed across the Colas organization. Atos Origin and Kyriba have already installed the infrastructure and software, and the platform is already being used by automaker PSA Peugeot CitroÃ«n.