Financial Data Management
A comprehensive solution to help insurers overcome their accounting and finance information challenges
One of the key communication areas insurers have with customers, particularly private customers is around payments. Customers with multiple policies and who may make multiple changes to a policy often result in questions about their payments.
The back-office users need to have the right level and appropriate access to the financial interaction with a customer to answer their questions and avoid the need to hand them over to the accounting department.
Contemi’s Financial system is aimed at meeting this primary need. It is currently built-in with other Contemi modules, with increasing functionality to reduce the burden on the integrated underlying accounting system.
Business Benefits
Access To Information
All financial transactions in one spot to view a customer’s account across policies, claims and even re-insurance
Flag the automatic cancellation of completely unpaid policies and termination of part paid policies
Drill down to the composition of invoices
Better Decisions
Provides insight into business & current activity to take better & timely decisions
Enables deeper understanding by digging into details
Reduce Cost & Time
Requires minimal IT support or assistance
Reduce the need and cost of customisations for any accounting system not yet integrated with
Capabilities
Seamless Integration
Two-way integration with any internal and external systems, including policy and claims systems, through automated integration
Integrates with Microsoft NAVision and other accounting systems
Timely Insights
Real-time and simply presented information
Simple access to Financial data from Accounts System
Easy Reporting
Serves as the central hub for all your financial data
Deliver timely, informative reports with ready access to information
