The Banksoft banking package for small and medium sized banks is built from the top down, from bookkeeping, which allows much better integration with other modules within the package by Vlatko Juric Kokic Branko Budic, Director of Banksoft For quite some time now, Croatia's banks have had to put together their computer systems for themselves through their own computer departments. This includes choosing hardware and developing their own software, which require considerable numbers of employees. In short, major resources. Three years ago, three people established the Banksoft company and started developing computer systems aimed at small and medium sized banks. According to Branko Budic, Director and one of the three co-owners of Banksoft , their system is built from the top down, i.e., from bookkeeping, because that allows much better integration with other modules within the package.
Customers can customise the complete package according to their specific needs and requirements.
As Budic points out, this computer is characterised by simplicity of implementation, suitability for financial applications and a significantly lower price than the classic mainframes which are most often used by Croatia's banks. The price of a complete Banksoft package, including both hardware and software, is approximately equal to a bank's present automatic data processing costs in one year. Thus the server is free to work more quickly on the relational data base, which is updated as soon as a transaction is entered from any of the PC's. At the same moment, the information available to other computers and cash dispensers in the network is also updated. Documents which are used externally bear optical markings which allow automated sorting of cheques, payment orders, etc.