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Efficient, reliable, and accelerated IFRS 17 compliance using SAP S/4HANA for FPSL
Packaged Solution for IFRS 17 Accounting
byifb group
Efficient, reliable, and accelerated IFRS 17 compliance using SAP S/4HANA for FPSL
Packaged Solution for IFRS 17 Accounting
byifb group
Efficient, reliable, and accelerated IFRS 17 compliance using SAP S/4HANA for FPSL
The approach of ifb group consists of a complete, pre-documented and pre-configured FPSL system that is based on best practices derived from the most advanced IFRS 17 projects to date. This allows you to focus on the additional requirements that matter to you and your company.
Solution Types
Extensions and Add-ons
Works with
SAP S/4HANA
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Benefits and Features
Benefits
Accelerate your FPSL Implementation
Together with your team, our experts will roll out, configure, test and go live with FPSL 2-3 times faster than traditional approaches. The core FPSL system can be ready for testing in approx. 6 weeks after the initial project kick-off. The entire project can be completed in 6-12 months.
Reduce your project costs
Benefit from pre-documented and pre-configured templates which cover the business requirements of all insurance companies. Immediate access to a working prototype enables you to focus on data delivery instead of business analysis.
Benefit from best practice experience
Rely on the condensed knowledge of our proven experience we have gained in successful projects all over the world. For all choices arising in IFRS 17 we have statements about the feasibility in FPSL and the use throughout the market.
More Benefits
Seamless deployment of SAP FPSL for IFRS 17
We implement the solution as a complete package, including system rollout with full configuration, guided requirement workshops, documentation, system tailoring using best practices, support during SIT and UAT, initialization and go-live, end-user training and one month of hypercare.
Transparent coverage of IFRS 17 standard
We have broken down the IFRS 17 standard into a complete set of requirements in the form of best practice use cases, creating a transparent implementation backlog. Together with your team we then refine these use cases and embed the FPSL solution into your IT landscape.
Complete, preconfigured FPSL System incl test data
Start with a fully preconfigured IFRS 17 subledger covering all valuation methods (GMM, PAA, VFA) incl. corresponding test data. You will have a working prototype within 6 weeks after initial kick off!
Pre-documented data requirements
Right from the start, our experts will take you through the detailed data requirements of the solution, so that your work on data acquisition can start early. Meanwhile, your accounting department is freed up to focus on the subledger functionality within FPSL.
More Features
Plans and Pricing
Price Upon Request
Price upon request
Price Upon Request
Packaged Solution for IFRS 17 Accounting baseline edition
Please contact the publisher for more details about the pricing available for this solution.
Technical Information
The information contained in this section is provided by the publisher.
Solution Types
  • Extensions and Add-ons
Works with
  • SAP S/4HANA
Publisher
ifb group
View All Solutions
ifb group is gold partner of SAP in the financial services sector, focusing in particular on SAP industry solutions for banks and insurance companies, such as applications for general ledger and subledger accounting, risk and performance management, pl...
 Publisher Website