By Suzanna Kerridge, 21 July 1999 16:03
NEWS The British Army's Support Command in Germany has conducted a systems analysis to determine its readiness for the introduction of the euro. The Army appointed two consultancies - Lorien and Merant - to conduct a survey of its financial processes and their support systems. Merant's team of experts worked on the project for six weeks, and assessed over 30 systems. The initial report claimed that no immediate remediation work needed to be carried out, but advised the Army to form a strategic plan. Roger Annett, euro business manager at Merant, said: "The Army has over 1,000 soldiers and dependants in Germany, and these will have to face the change to the euro when it happens. "We looked at how the systems interface with those in the UK, and the changes that would have to be made if we went into the euro. We found that in the short term, there is nothing to worry about, because the euro will come in over a three year period." However, Annett claimed the problem is more immediate for systems that interface with the first wave of euroland countries. "Organisations already in the euro have to have the whole thing ready by 2001, because by 1 January 2002, the coins and notes come into circulation and the Army has to be ready," he said.
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