Since its UK launch in 2001, the financial system SunSystems Version 5 has been successfully sold in international markets. Currently, SunSystems 5 is used by over 500 major organisations worldwide. LLP Group, the SunSystems distributor in the EMEA region, is pleased to announce its first SunSystems 5 customer. The first LLP client in the Czech Republic to use SunSystems 5 is Credit Suisse Life & Pensions pojiÜ¥ovna a.s. (formerly known as Winterthur pojiÜtovna a.s.)
Credit Suisse Life & Pensions pojiܥovna has been a customer of LLP Group since 1996, when the company purchased Netware-based SunSystems, Version 4.1. In 1999, the company migrated to Version 4.2.5, built on the NT platform with a Btrieve database and, in spring 2000, the system was migrated to the MS SQL Server 7.0 platform. For this entire time, SunSystems has ensured a stable and smooth management of all accounting operations of the company. LLP will start implementing the new version SunSystems 5 in February 2003 and the live kick off is planned for 1stApril.
"We have decided for SunSystems 5 in order to optimise the management of all three companies of the Credit Suisse Life & Pensions in the Czech Republic . By this, we will unify all our information systems and SunSystems 5 will satisfy our growing demands in tracking of accounting records, related financial statements and reporting for both local and corporate needs," says Ji°φ Prochßzka, the financial director of the Credit Suisse Life & Pensions in the Czech Republic. "Apart from more user-friendly environment and better reporting capabilities we expect that through the automation of month closing operations and interface setup, the new version will help us to meet the tough deadlines for reports required by our parent company in Switzerland."
"LLP is a valuable partner with good material background and a team of experts with extensive knowledge and experience at such a level that may be relied on when building longer-term strategies of our company," adds J. Prochßzka.
"SunSystems 5 has generated over 26 million USD worldwide in 2001," says Adam Bager, president and founder of LLP Group. "SunSystems 5 was developed in line with the requirements of international and local companies and since its launch the demand for this solution has been immense. Among other things, customers appreciate the dual base currency option, where three various currencies can be held against any transaction, and a multi-lingual data dictionary, enabling the users to easily alter terms to suit their needs.
The latest version of SunSystems 5 represents an integrated financial and business solution which offers great flexibility, web-based reporting and easy link with third party applications via SunSystems Connect, an integration toolset. SunSystems 5 offers a wide range of advantages for international companies who need to share and process financial and business information from their various offices located in more than one country. The features of SunSystems 5 allow better control of purchasing, sales, and inventory tracking where each individual sales or purchase case can be user defined in terms of information flow and printed documents.
The system is sold all over the world. Countries where SunSystems 5 is used include for example: Australia, Bermuda, Canada, France, Hong Kong, Nigeria, UK, USA and Zambia. Customers include Pfizer Inc, the world s largest pharmaceutical company (in a deal worth $13.25m over five years), Volkswagen Financial Services, Unilever Pensions, Royal Bank of Canada, Hilton International, and others.
About Credit Suisse Life & Pensions pojiܥovna a.s.
Credit Suisse Life & Pensions offers comprehensive life insurance and pension supplementary insurance cover in the Czech Republic and is represented on the market by the companies Credit Suisse Life & Pensions pojiÜ¥ovna a.s. and Credit Suisse Life & Pension penzijnφ fond a.s. Credit Suisse Life & Pensions is the direct successor of the company Winterthur Life & Pensions, which, during the period of its operations, has established a very good reputation for itself, not only amongst clients, but also amongst the specialist public.
Credit Suisse Life & Pensions pojiܥovna a. s. has been in operation on the Czech insurance market since 1995 (originally under the title Winterthur pojiܥovna, a.s.) and strategically focuses on the sphere of life, accident, and complementary life insurance. The quality of the insurance programme, concentrating on life insurance and its natural complements, and the high standard of services is reflected in the unwavering trust of its clients, the number of which is on the increase year after year. The extensive portfolio of modern financial products comprises capital and risk life insurance, investment life insurance, accident insurance and supplementary life insurance. The main aim of Credit Suisse Life & Pensions pojiܥovna a.s. is to increase the standard of client services, in which endeavour it is helped by its long-standing international experience and its place in a strong, financial group. The combination of international know-how and the knowledge of local financial environment and the Czech insurance market has a great influence on services. Credit Suisse Life & Pensions pojiܥovna a.s. provides modern financial products for the most demanding clientele, which it manages thanks to its co-operation with the framework of the Credit Suisse Group.
www.credit-suisse.cz
