ICW Group Insurance Cos. is now in production with SAPs ERP Financials, the solution provider reports. Building on its implementation of SAP BusinessObjects business intelligence (BI) and information management (IM) solutions, the ERP Financials technology is designed to drive enterprisewide efficiencies on a single, integrated system.
The insurer reports that it has already been able to glean real-time visibility of its cash flow, and reduced its general ledger accounts from 6,800 to 800. ICW Group will next implement insurance-specific solutions from SAP for claims, with collections and disbursements creating an end-to-end IT infrastructure to better meet customer needs and drive competitive advantage.
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