Integrated Multi-valuation Reporting for Insurance with SAP for Financial Products Subledger
Insurance Accounting Simplified
Providing timely, consistent and accurate information is the goal, but how you get there can be time-consuming and complex. msg global has the know-how and expertise to cut through the complex and deliver a solution to help you implement all your regulatory requirements and get your finance and risk management future ready.
With SAP S/4HANA for financial products subledger (FPSL) you can create ONE standardized, central database for shared integrated processes between the operational, actuarial, and financial worlds.
Applicable to life, health, and property & casualty primary insurers and reinsurers — for all lines of business — FPSL uses event-driven triggers to create a continuous closing process to minimize month-end activities and get you to a faster close.
Get More Value from Your Subledger
SAP S/4HANA for financial products subledger is a comprehensive solution that moves beyond your typical subledger to create additional value for an organization. Check the videos below to learn more.
Fast Close
Create a fast close cycle or even move to a continuous close process.
Multi-GAAP
One subledger to handle accounting & reporting for multiple regulatory guidelines.
Regulatory Compliance
Manage and control your regulatory compliance and reporting more efficiently.
Long Duration Targeted Improvements
Manage LDTI calculations and reporting requirements for ASU No. 2018-12. Click LDTI Solution for more information.
The Solution: SAP S/4HANA for Financial Products Subledger
With SAP S/4HANA for financial products subledger, we are able to offer a fully functional, integrated solution to help you optimally implement multi-valuation and regulatory requirements based on a standardized, central database.
Benefits: Let Us Help You Reach Your Key Goals
- Regulatory Reporting Compliance
- Automated Multi-valuation Reporting
- Shared Central Database
- Integrated Process Standardization
- Accounting Closing Processes Aligned with Business Planning & Sensitivity Analysis
- Continuous Close Process
- Reliable Inter-department Accounting Processes
- Reduced Total Cost of Ownership
- Efficient & Flexible Solution Design
- State-of-the-art Analytics Capabilities to Support Management Decision Making
Get Up and Running
Don't go it alone. Embarking on any system implementation can be overwhelming. But, with an experienced partner by your side, you can mitigate risk and learn the software from the most knowledgeable FPSL resources in the world.
Click fast-track your implementation for more information on our services.
Eco Delivery
Enablement Program
Technical Services
Application Management Services
Do you have a question about SAP S/4HANA Financial Products Subledger?
We’ll work with you to help you understand all your options; to help you select the option that best suits your needs, your budget, your schedule, and your preferences; and to help you make the right decisions about the right tools to get your business running the way you want it to run.
Contact us today to learn more about all the ways we can help you do more business, more efficiently.
