Reinsurance Financial Compliance Single point of entry for financial submissions eases workload; increases compliance and auditability REINSURERS MOVE HUNDREDS, THOUSANDS AND SOMETIMES MILLIONS OF GENERAL LEDGER ENTRIES EACH MONTH. Validating, auditing and balancing requires lots of human effort and time. Entries are submitted in different forms by different functional areas. Emails are exchanged between finance and individuals exploring rationale for submissions. Documents are exchanged and stored in folders. Certain submissions get moved for approval by those with different authorities. More emails and documents are exchanged. The approved entries are ultimately booked to the General Ledger — either manually or via upload of excel, document files and emails.

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