The Challenges
Whilst many insurance companies have modernised the way they manage their customers, policies, referrals and even commissions, many are yet to modernise and streamline their finance and accounting processes, particularly the financial close.
Organisations are still relying on spreadsheets to manage the close, which is not only time consuming, but can result in unnecessary errors. There is also a lack of visibility into transactions, so key decisions are based on guesswork. This is a major risk for insurance organisations where accuracy and accurate forecasts are critical.
Our Insurance Industry Focus
We have over 30 years’ experience implementing and supporting market leading finance and business management solutions for organisations operating in the insurance industry all over the world. We understand the sector’s unique accounting requirements. The services and solutions we deliver focus on minimising risk, maximising efficiency and providing unprecedented visibility into all aspects of an organisation’s business systems.
Our Solutions
- Infor Financial Management
Eclipse combines insurance sector expertise with market-leading SunSystems software to help you meet your business challenges. SunSystems integrates general ledger, accounts payable, fixed assets, and other financial processes with operational systems such as claims and policy management. We have been an Infor partner since 1987. We can help with a variety of deployment options from on-premise, to hybrid, to SunSystems Cloud. We also provide a range of other related Infor business management solutions, including, Infor OS, Infor ION, Infor Document Management and Infor d/EPM to name a few. - Proactis Spend Control & eProcurement
Insurance organisations are ahead of other sectors in many aspects of spend control, yet significant opportunities for driving up efficiencies are being missed. Proactis solutions streamline and automate spend control processes and obtain best value and control on eProcurement, routinely helping organisations save at least 15% on indirect spend. We have been a Proactis partner since 2005. - Sharperlight Business Intelligence & Reporting
Sharperlight business intelligence and reporting tools help insurance organisations take their reporting to the next level, beyond the capabilities of Excel spreadsheets. We have been a Sharperlight partner since 2013.
Who We Have Helped
We have worked with a wide-range of insurance companies over the years, including:
For further information on how we can help your insurance organisation streamline its core accounting and finance processes get in touch on +44 (0)203 866 8800 or request a callback from Gary, CEO of Eclipse:
