Септима-консалтинг Septima Consulting — внедрение автоматизированных систем управления предприятиями
implementation and support of
integrated information systems


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The project of implementing HRB, a corporate HR management information system, completed successfully at "Providna"


Press release, May 2008

"PROVIDNA" insurance company and "Septima Consulting" have successfully completed the landmark corporate HR management information system implementation project based on HRB software.

One of the key priorities for Providna Insurance Company is the quality of business process organization based on state-of-the-art IT solutions, which will enable gaining an operational advantage through an efficient business setup. As part of the implementation of this business objective, a corporate HR management information system is to be implemented. The main objective of the project was to acquire a competitive edge through efficient human resource management and development, as well as enabling high-quality and prompt centralized administration of accounting functions, against the background of the company's rapid growth.

The implementation of the HR management system at "PROVIDNA" Insurance Company comprised several phases. Phase one was completed with the implementation of HRB basic functionality; during the second phase the extended functionality of HR module was set up. The third phase was completed with the implementation of automatic bonus calculation for the employees and insurance agents. The consultants of Septima Consulting Company configured the integration with 1С accounting system, client bank and the corporate insurance system INSIS during the fourth phase of the implementation.

Additional HRB functionality was launched during the fifth phase of the project: HR web portal. With an individual user account in the system, each employee of "Providna" Insurance Company using PC has gained accessed to his/her personalized information, in particular: payroll calculation, the company's plans regarding his/her motivation; vacation planning and receiving the announcements of trainings, corporate events, as well as other information. The web portal has become an efficient tool for defining the targets and incentivizing the employees, according to the company's strategic objectives. This was instrumental in accomplishing one of the most critical objectives of HR department - creating the environment and ensuring high level of employees' motivation, team building and efficient corporate culture, enhancement of the employees' qualification up to the highest level through training and development programmes.

The IT system has ensured the support of such functions as staff record keeping, work time recording, payroll and bonus calculation for the employees and insurance agents, in compliance with the company's HR policy and the requirements of the Ukrainian law. This enabled minimizing the company's financial and labor costs relating to HR management and salary accounting. Owing to the implementation of HRB system, HR managers can now concentrate more on motivation and staff development tasks, as well as budgeting and financial planning within their competencies.

The company-wide implementation of a single IT system in Providna Insurance Company enabled the centralization of HR record keeping and the unification of the processes relating to payroll accounting. Considering the company's geographically distributed structure, this allows saving a lot of funds for administration and support today.

According to the Head of IT Department of "Providna" Insurance Company, the implementation of HRB system has enabled obtaining one single point for the registration of IT systems' users, while closing all accounting systems so that all data are entered only in the corresponding system and this is done just once. It is extremely important for a continuously developing company that, owing to the HR self-service portal implementation, every employee can quickly get access to all staff and payroll information, irrespective of the distance from the office and the quality of communication lines. In particular, a manager has access both to his/her information, and to that of his/her subordinates.

About "PROVIDNA" insurance company

PROVIDNA Insurance Company has been operating in the insurance market of Ukraine since 1995.

PROVIDNA currently has a distributed regional structure comprising 25 branches and over 430 sales centers, 25 claims settlement centers, 25 medical assistance centers around Ukraine, as well as its own Contact Center. The network of the company's agents comprises more than 4600 insurance agents.

PROVIDNA offers over 60 compulsory and voluntary insurance products to private customers, small and medium businesses, companies of various industries, corporations, holding companies and financial groups.

The company's financials as of April 1, 2008: insurance payments - UAH 25.8 million, insurance premiums - UAH 87.4 million, insurance provisions - UAH 149.1 million, the authorized fund of UAH 163.6 million.

About Septima Consulting

Septima Consulting is a successful Ukrainian company focused on implementation, support and integration of comprehensive IT systems targeted at increasing business efficiency.

The priority business areas for Septima Consulting are: distribution of internationally acclaimed financial and management systems and the services in their implementation and support, in compliance with the requirements of the Ukrainian law, as well as according to customer-specific requirements. A wide product line of the software solutions offered, in particular: the HR management system HRB, the multifunctional financial system Infor FMS SunSystems and the ERP system HansaWord Enterprise enables to use the specific features of various systems to offer the most efficient solutions to our customers.

HRB solutions are currently used by more than 500 companies, in particular: the State Bank of Ukraine "Ukreksimbank", the People's Bank of Kazakhstan, the International Bank of Azerbaijan, "Capital" Bank, "Standard" Bank, Moscow Bank, Deutche Bank (Russia), Rietumu Bank, Hipoteku un Zeme, the State Insurance Agency of the Latvian Republic, Sun Interbrew Russia, Sun Interbrew Ukraine, SladCo, Unilever CIS, DHL CIS, Philip Morris CIS and other companies.

For more information please contact:
Marketing Department of Septima-Consulting
Phone: +38 (044) 3836056
E-mail: marketing@s-c.com.ua
www.septimaconsulting.com