New York Life, one of the largest US life insurers, transformed its finance operations by adopting SAP S/4HANA Finance with Deloitte’s support. The goal was to eliminate inefficiencies caused by manual processes and legacy systems, transitioning to a real-time, digital finance function. Implementing SAP Insurance Analyzer and a cloud-based deployment enabled centralized financial management, faster analytics, and improved decision-making. Starting with the general ledger, New York Life reduced complexity, automated processes, and gained instant insights. This transformation enhanced strategic thinking, data utilization, and alignment with evolving stakeholder expectations.

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