NEOS Life leveraged SolveXia to transform and automate their calculation of reinsurance and commissions. One of the key finance processes for NEOS is the calculation of reinsurance, fees and commissions. The manual process was taking 1 full day each week to complete, burdening key staff who want to be focusing on more analytical tasks. NEOS was also concerned with how they would scale this process to meet the expected (and significant) growth in the number of policies being sold each week.
Read the full case study »IOOF has been helping Australians secure their financial independence for over 170 years, with 500,000 customers and A$137.8 billion in funds under management and administration. IOOF relied on a spreadsheet-driven process to perform their Custody Reconciliation each month. This took around two days each month to complete, which was a burden for staff. Another challenge was the slight variation in how each one of the 80 portfolios was reconciled. IOOF wanted to simplify and consolidate this task to minimise the risk of human error.
Read the full case study »
Using SolveXia, we are now able to process our weekly reinsurance and commission calculations within hours, rather than days. In addition, we have mitigated a key-person risk by automating and documenting the entire process.
Icon By Design is a fast-growing online retailer selling designer furniture online. To free up time and resources they chose SolveXia.
Read the case study »An Australian-based specialist risk insurance company used SolveXia's automated process to solve its insurance collections processing issue.
Read the case study »SolveXia helped Australian National Couriers (ANC) automate its complex reporting process to reduce manual effort and human error.
Read the case study »Case study on a global insurance company used SolveXia's automated solution to solve its insurance recoveries complications.
Read the case study »Group of travel management companies that used SolveXia's automated solution to solve its agency revenue optimisation complication.
Read the case study »Global general insurer that used SolveXia's automated processes to solve its workflow approvals problem.
Read the case study »Case study on how Harold Sharp was able to ensure compliance with the HMRC's "Making Tax Digital for VAT" initiative without the need for a costly IT project.
Read the case study »US based private equity firm that used SolveXia to solve its expense analysis problem.
Read the case study »Global insurer that used SolveXia to fix its life insurance bordereaux problem.
Read the case study »
