Insurance companies have been grappling with the implications of IFRS 17, both positive and negative, for a while. Today, many insurers have barely scratched the surface of its implementation. It's time for a sustainable solution!
In order to be successful in the insurance market, insurers must undergo a digitisation process in controlling and reporting.
With SAP S/4HANA, SAP launched a comprehensive solution for the financial sector in 2015. The software giant from Walldorf is promising its customers nothing less than to smooth the path for the digital transformation of the financial area. But what does this transformation mean specifically for financial departments?