SAP for Insurance
SAP Financial Asset Management
When it comes to managing financial assets, insurers face numerous challenges: multiple disconnected systems, lack of data transparency, outmoded closing processes, and the need to comply with a growing number of regulations such as Sarbanes-Oxley.
SAP Financial Asset Management provides a solution. This powerful application provides a keyless accounting structure and real-time access to data. So you can manage not only individual accounts and processes, but also your overall business structure and organization.
SAP Financial Asset Management allows you to close books quickly and access the information you need for regulatory compliance and for strategic and tactical decision-making. All transactions are user-, date-, and time-stamped, giving your CFO, internal auditors, and other stakeholders a powerful tool for monitoring transactions and business flow.
SAP Financial Asset Management also enables you to manage, automate, and optimize the entire investment process. You have the functionality you need to manage deals and order entry, perform sophisticated risk analysis, and monitor the performance of your investment portfolio.