Project

Ingosstrakh implemented a specialized accounting system and managements

Contractors: ProgramBank

Project date: 2016/07 - 2016/12

On March 27, 2017 the ProgramBank company announced implementation of technology " ProgramBank.insurance " in SPAO "Ingosstrakh".

Project Tasks

Transition to a unified plan of accounts and industry standards of accounting and the reporting essentially changed requirements to accounting in the investment block and the Ingosstrakh company made the decision on transition to a specialized system.

Having considered several offers, Ingosstrakh selected " ProgramBank.insurance " of ProgramBank company.

Action with participation Ingosstrakh, (2015)

Project Results

Transition to the new chart of accounts and industry standards of accounting difficult process, considering huge data array which are managed by our company. At our volume of a portfolio the software product which will provide automatic formation of transactions and will allow to obtain information on a portfolio of financial instruments in any section and at any moment is necessary.

At the same time transition to the new chart of accounts is a change of the methodology of accounting. There are new tasks, such as calculation of future cash flows, effective interest rate, adjustments, etc.
Together with ProgramBank we did a great job, in coordination working for the general result. From ProgramBank it included both operational and high-quality formation of functional requirements and terms of reference, and accurate terms of implementation of tasks, and careful training and consultation of our employees.
Thanks to joint effective work of our companies SPAO "Ingosstrakh" passed to new standards in time, in advance having held complex testing and having carefully checked the reporting.

Источник — «https://tadviser.com/index.php/Project:Ingosstrakh_(ProgramBank:_Insurance)»

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