Streamline your financial data management to mitigate risk - ERP Spain.com - España y América Latina

Whilst the amount of internal data within insurance companies is growing exponentially, insurers also face ever-increasing scrutiny from auditors, regulators and stakeholders on how that data is collected, kept and analysed. Ensuring the integrity, consistency, transparency and good governance of your data has never been more important. Without a robust, streamlined and efficient data management strategy, insurers face the risk of failing to fulfil their financial, operational, risk control and reporting obligations. How can you simplify your financial data management across the business? In this webinar you’ll: Learn how to automate financial reporting processes and improve actuarial reserving. Automate complex intersystem reconciliation processes and reduce manual effort to empower business users to take control and remove dependencies on IT. Increase transparency and consistency by standardising large volumes of ledge, claims, premiums, adjustment and regulatory data. Hear how to overcome legacy data challenges. Combine your historical policy and claims data to gain a more granular and consistent view for better risk analysis, modelling and claims reserving. Leverage existing IT systems to achieve tech-driven future-proof infrastructure whilst engaging and upskilling the workforce. Capitalise on more granular data to write new business and improve profitability. Gain a clear view of financial positions by quickly identifying inaccuracies to allow prompt downstream resolution. Highlight policies with position changes, identify poor performing schemes and maintain a full audit trail on a transactional level to ensure control and governance is maintained, providing a robust financial control framework.