Life Insurance SAP Business One

SONAVIE

How SAFIR Consulting helped SONAVIE turn disconnected information into trusted business insight, stronger control and faster decision-making.

Mali
Timeline 2023
Duration 6 Months

How SAFIR Consulting helped SONAVIE turn disconnected information into trusted business insight, stronger control and faster decision-making.

Executive Summary

As a leading life insurance company in Mali, SONAVIE manages information that directly impacts financial control, customer operations and regulatory reporting.

Before the transformation, key operational systems — including those managing savings products and insured accounts — were disconnected from the company’s accounting environment. This created reconciliation challenges, required manual intervention and limited the speed at which management could access reliable business information.

SAFIR Consulting implemented SAP Business One to connect SONAVIE’s operational and financial flows within a more integrated business management environment.

The transformation has enabled SONAVIE to access financial information directly, improve the quality of integrated data, strengthen reporting reliability and move from monthly dashboard updates to day-by-day visibility.

For SONAVIE, the result is more than an ERP implementation — it is a more connected, structured and reliable foundation for running the business.

The Challenge

SONAVIE’s operational and financial information was not fully connected. The systems used to manage savings products and insured accounts operated separately from accounting, creating concordance and reconciliation issues. Transactions also needed to be integrated into accounting without human intervention.

This created several challenges:

Key Business Challenges
  • Disconnected operational and financial information
  • Manual intervention in transaction integration
  • Reconciliation difficulties
  • Delayed access to management information
  • Inconsistent data across business processes
  • Challenges in producing reliable reporting for regulatory and tax requirements

For a growing insurance business, the issue was not simply system complexity — it was the ability to trust the information used to run the business. SONAVIE needed an integrated solution that could bring its processes, financial information and data together while remaining accessible to its teams.

The SAFIR Solution

SAFIR Consulting partnered with SONAVIE to implement SAP Business One, creating an integrated environment linking management processes with financial operations. The solution focused on three critical areas:

Integrating Operational & Financial Flows — SAP Business One enabled SONAVIE to bring its management and financial flows together, reducing the disconnect between operational activity and accounting, and reducing reliance on manual intervention.

Strengthening Data Reliability — By consolidating information within an integrated ERP environment, SONAVIE improved the quality and consistency of its data, creating a stronger foundation for analysis, reporting and decision-making.

Enabling People to Adopt the Change — Technology was only part of the transformation. SAFIR Consulting worked closely with SONAVIE’s teams, including employees with limited familiarity with digital tools, helping users understand and adopt the new system through a patient and accessible approach.

Business Impact

The impact of the transformation extends across SONAVIE’s business.

Operational Outcomes
  • Financial statements can now be accessed directly, giving management faster visibility into the company's financial position
  • Operational and financial flows are now connected within the same environment, creating greater consistency between business activity and accounting
  • The integration of information has strengthened the quality of data available to management, supporting more effective analysis and decision-making
  • The implementation has helped SONAVIE improve the reliability of reports submitted to regulatory authorities and the tax administration
  • Management information that previously required up to a month can now be updated day by day
Measurable Results
1 Month → Day by Day
Management dashboard update speed
Real-Time
Direct financial statement access
Integrated
Operations & finance in one environment
Stronger
Regulatory & tax reporting reliability

The SAFIR Difference

For SONAVIE, the success of the project was not defined by the implementation of software alone — it was defined by what the technology enabled the organisation to achieve.

SAFIR Consulting brought together SAP expertise, insurance-sector understanding and a strong focus on user adoption to ensure that the solution addressed both the technical and human dimensions of transformation.

  • Business-first thinking — focusing on the business challenge behind the technology, connecting operational and financial processes to create greater control and visibility.
  • Accessible transformation — supporting users patiently through the transition, including employees less comfortable with digital tools.
  • Reliable information — integrating processes and data to establish a stronger foundation for reporting, analysis and decision-making.
  • Transformation with lasting value — helping SONAVIE build more structured and dependable ways of working, not simply deploying an ERP.
“Transformation can sometimes be captured in one simple change: from waiting a month for information to having it available day by day.”

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