customer-story-header-image-AdobeStock_702684461

Flexible Cost Allocations to Support Comprehensive Analysis

Ayalon

Customer story

Ayalon Insurance needed a robust, flexible cost allocation model for IFRS Subledger compliance using SAP Profitability and Performance Management.

Ayalon@2x

COMPANY

Ayalon Insurance Company Ltd

HEADQUARTERS

Israel

EMPLOYEES

1150

WEBSITE

www.ayalon-ins.co.il

INDUSTRY

Insurance and Finance

PRODUCTS & SERVICES

General Insurance, Apartment Insurance, Car Insurance, Cyber Insurance for Businesses, Professional Liability, Long-term Savings, Health Insurance

I cannot recall one single moment of disappointment with PaPM or regret about our decision to select it over other options. I’m convinced this tool can bring us that feeling of confidence that we are always “responsive to change” and can adapt to whatever challenge may emerge.

Leonid Faktorovich

System Analyst

What was accomplished

Our teams specialize in understanding specific business needs to shape solutions that create efficiencies and power performance. We speak your language, and our SAP solution experience provides the best framework for delivering action-oriented results that fit your operational needs.

 

 

SOLUTION

SAP Profitability and Performance Management (PaPM)

  • Flexible, high-performance solution
  • Enables data-driven decision-making
  • Automate to increase efficiency and reduce reporting time
  • Eliminate redundancies and optimize resources
  • Integrate data collection

CHALLENGES

Improve functionality and performance

  • Outdated technology replace an 8-year old legacy SAS platform
  • Insufficient design, undocumented source code, and frequent performance issues
  • High IT dependency
  • Complex business environment

BENEFITS

Efficient & flexible cost allocation solution

  • Increased efficiency and faster performance
  • Improved user experience and simple to operate for the business users
  • Flexibility with simulations, data mapping, and logic factors
  • Reduced IT dependence and self-service environment for ad-hoc analysis and urgent amendments

Why msg global

Operating from offices across the globe, our expert teams help clients achieve operational efficiency and improve decision-making capabilities.

 

 

Dedicated team

Tailored services from a team committed to long-term success

Relevant advice

Deep understanding of industry-specific challenges

Solution co-developers

Direct access to solution developers streamlines implementation

Superior Project Management

To mitigate risk and deliver on time

msg global Implementation Services

We bring expertise, a customer-centric philosophy, and a focus on innovation to everything we do.

 

 

Partnership Approach

Success through collaboration to deliver a solution aligned with your business needs, now & into the future.

Business solution experts

Match your business challenges with our functional, industry & technical experts to drive innovation.

Strategic Guidance

Tailored consulting services that guide your strategy across the entire SAP analytics suite to maximize your ROI.

Want to learn more?

von-Staa-Bernd

Bernd von Staa

EVP Germany; EVP South Africa