SAP S/4HANA for Insurance
Run a truly intelligent insurance enterprise.
Overview
SAP S/4HANA for Insurance is a comprehensive enterprise resource planning (ERP) system that provides a wide range of functionalities for insurers. Within its finance and risk management capabilities, it includes modules for handling reinsurance accounting. This allows for the integration of reinsurance data with the general ledger and other financial processes in a single, unified system.
✨ Key Features
- Integrated financial and reinsurance accounting
- General ledger integration
- Sub-ledger for reinsurance
- Management of payables and receivables
- Financial reporting and analytics
- Risk and compliance management
🎯 Key Differentiators
- Fully integrated ERP solution for the insurance industry
- Powered by the in-memory computing platform SAP HANA
- Extensive global partner ecosystem for implementation and support
Unique Value: Provides a fully integrated approach to reinsurance accounting within a comprehensive ERP system, enabling a single source of truth for all financial data.
🎯 Use Cases (3)
✅ Best For
- Used by large insurance companies globally as their core financial and operational system.
💡 Check With Vendor
Verify these considerations match your specific requirements:
- Too large and complex for companies that only need a standalone reinsurance accounting solution.
🏆 Alternatives
Offers a much broader and more integrated solution for overall financial and operational management compared to standalone reinsurance systems.
💻 Platforms
🔌 Integrations
🛟 Support Options
- ✓ Email Support
- ✓ Live Chat
- ✓ Phone Support
- ✓ Dedicated Support (Enterprise tier)
🔒 Compliance & Security
💰 Pricing
Free tier: NA
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