Efficient, reliable, and accelerated IFRS 17 compliance using SAP S/4HANA for FPSL

With this packaged solution we are able to establish a complete, pre-documented and pre-configured FPSL system that is based on best practices derived from the most advanced IFRS 17 projects to date. This allows you to focus on the additional requirements that matter to you and your company.

Overview

Accelerate your FPSL Implementation

Together with your team, our experts will roll out, configure, test and go live with FPSL 2-3 times faster than traditional approaches. The core FPSL system can be ready for testing in approx. 6 weeks after the initial project kick-off. The entire project can be completed in 6-12 months.

Reduce your project costs

Benefit from pre-documented and pre-configured templates which cover the business requirements of all insurance companies. Immediate access to a working prototype enables you to focus on data delivery instead of business analysis.

Benefit from best practice experience

Rely on the condensed knowledge of our proven experience we have gained in successful projects all over the world. For all choices arising in IFRS 17 we have statements about the feasibility in FPSL and the use throughout the market.

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Details

Solution type

Extensions and Add-ons

Industry

Insurance

Compatibility

Works with

This product is compatible with or enhances the functionality of these SAP solutions but doesn't require them.
SAP S/4HANA Cloud Private EditionSAP Business Technology PlatformSAP Analytics Cloud for planningShow more

Features

Seamless deployment of SAP FPSL for IFRS 17

We implement the solution as a complete package, including system rollout with full configuration, guided requirement workshops, documentation, system tailoring using best practices, support during SIT and UAT, initialization and go-live, end-user training and one month of hypercare.

Seamless deployment of SAP FPSL for IFRS 17
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Transparent coverage of IFRS 17 standard

We have broken down the IFRS 17 standard into a complete set of requirements in the form of best practice use cases, creating a transparent implementation backlog. Together with your team we then refine these use cases and embed the FPSL solution into your IT landscape.

Transparent coverage of IFRS 17 standard
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Complete, preconfigured FPSL System incl test data

Start with a fully preconfigured IFRS 17 subledger covering all valuation methods (GMM, PAA, VFA) incl. corresponding test data. You will have a working prototype within 6 weeks after initial kick off!

Complete, preconfigured FPSL System incl test data
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Plans and pricing

Customer reviews

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Technical Information

Solution type Extensions and Add-ons
Category Accounting and Financial Close
Industry Insurance
Works with
  • SAP S/4HANA Cloud Private Edition
  • SAP Business Technology Platform
  • SAP Analytics Cloud for planning

Publisher