Case Study

Accounting automation enables compliance

Accounting automation enables compliance

INDUSTRY Life Insurance GEOGRAPHY Moscow, Russia CHALLENGES Automate and secure the company’s monthly accounting closing process to replace a manual system that was labor- intensive and subject to operational risks and had a burdensome audit trail. Implement a new chart of accounts mandated by the Russian Central Bank. SOLUTION • Axway Accounting Integration Suite (AI Suite) • Axway Sentinel RESULTS • 80% reduction in workload for monthly accounting closings through automating and optimizing business processes • Comprehensive audit trails implemented with a direct link between business systems and the accounting system • Greater agility with posting rules easier to modify, and the ability to implement a new chart of accounts • Ability to manage multiple ledgers inc

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