SOLUTIONS ... for life & pensions functions
Finance / Accounting
Examples of how problems faced by each function within a life insurance company are solved with FIT solutions.
| Your problem | | ...is solved with the FIT solution: | | | | | | I need automatic General Ledger updates | | Standard links to the corporate General Ledger | | | | | | I need segmental analysis for statutory reporting | | Statutory reporting | | | | | | Can I get a report of late payers? | | Report of late payers | | | | | | The Unit Accounting is flawed – can I get further analysis? | | Unit Accounting trail, detailed transaction history | | | | | | I need Margin reporting for P&L analysis | | Margin reporting for Profit & Loss analysis | | | | | | Did I get the Reinsurance money on time? | | Reinsurance extract | | | | | | I need International Accounting | | International Accounting standards | | | | | | I need to change to different currencies at any stage | | Multiple currencies embedded throughout the system [eg. receive EUR to pay USD premiums. | |