Case Study

Improved operational efficiencies through end-to-end financial reconciliation

Improved operational efficiencies through end-to-end financial reconciliation

Overview A Top 20 multi-line insurance company transforms enterprise financial reconciliation through automation. This top 20 multi-line insurance company offers auto, home, commercial and life insurance to more than 4 million customers across multiple states. They have implemented Precisely Data360 to provide automated balancing and financial reconciliations to gain enhanced visibility into the integrity of their data throughout critical business processes. Business challenge A strategic initiative to migrate from mainframe to distributed systems presented the opportunity to institute an enterprise data governance framework that expanded previously proven mainframe financial reconciliation controls to the disparate world of distributed systems. To minimize risk and control cost

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