Embracing Evolution in the Insurance Industry. Streamline Financial Operations and Ensure Compliance with Cloud-Based Solutions.

Adapt to Dynamic Environments with Cloud-based Solutions for the Insurance Industry

The insurance industry has significantly changed in the past decade due to globalisation, regulatory changes, and financial turbulence. Allocating revenue and profit by state and product lines is crucial for planning and reporting company finances.

Insurance companies often rely on outdated systems and manual processes, which can be inefficient, prone to errors, and time-consuming. Moreover, insurance companies face the challenge of complying with complex accounting and reporting standards such as the International Financial Reporting Standards (IFRS) and Generally Accepted Accounting Principles (GAAP).

Insurance companies require a planning system that is collaborative, comprehensive, and continuous to effectively support their operations. A powerful solution makes it easy for insurance organisations of all sizes to collaborate, gain visibility into real-time analytics, and streamline complex reporting so they can plan and adapt without compromise. Automation solutions help streamline financial close processes, reducing the need for manual interventions and improving operational efficiency.

Featured Customers

Undertaking digital transformation is a complex yet essential process for businesses operating in the digital age. 

Here are some of our customers who have chosen Shearwater Asia to implement cloud-based ERP and EPM system. 

Overview of Our Solutions for Insurance Industry

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