Case Study

Pacific Life - Fortune 500 Insurance Company Moves Reconciliation to the Cloud and Automates Account Certification

Pacific Life - Fortune 500 Insurance Company Moves Reconciliation to the Cloud and Automates Account Certification

Pages 4 Pages

Case Study Pacific Life Fortune 500 Insurance Company Moves Reconciliation to the Cloud and Automates Account Certification Pacific Life needed a more flexible, streamlined process for certifying hundreds of balance sheet accounts – one that also met its enterprise cloud strategy. With the hosted version of FrontierTM Reconciliation: Account Certification from Fiserv, Pacific Life was able to meet both demands. For Pacific Life, certification was a time- consuming and manual task. Yearly, nearly 8 million transactions were reconciled through a combination of manual and automated methods, and then various teams across the enterprise certified the reconciliations using multiple Excel spreadsheets and attestation signoff papers. The teams maintained separate manual certific

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