Automating transactional work, delivering leading practices, and preparing for IFRS 17
Insurance companies are facing profitability risks and increased consumer expectations for individualized needs. They must adapt and invest in digital strategies to protect and scale their business.
And insurance accounting teams must also adapt. Modern accounting technology helps accounting teams save time, reduce risk, and create capacity to support their organizations’ strategic objectives.
See why leading companies like Assurant and Aviva trust BlackLine for financial close automation, visibility, and control.
Douglas Tramp
Director, Finance Systems, Zurich North America
“With BlackLine, we’ve improved internal control and reduced our risk of fraud. And because there’s both increased transparency and instant access to data, we’ve enhanced our audit trails.
Anniken Røssing
Vice President Finance
“In the past we only reconciled cash at month end. Now, we’re doing it twice a month and have cut 40% to 50% of time from monthly auditing of cash reconciliations.
Mayra Herrera
VP Core Accounting
“We have complete visibility, and our CFO knows that the close process is being done efficiently and on time.
Mark Gonsoulin
Director Strategic Planning
Douglas Tramp
Director of Finance Systems & Operational Change
of statutory to GAAP reconciliations automated
increase in reconciliations absorbed without added headcount
auto-certification and efficiency improvement
Understand top accounting automation use cases for customers in the insurance industry
Learn how common challenges facing healthcare accounting teams can be addressed with modern accounting technology
Learn how accounting teams are using technology to reduce risk and effort associated with adopting IFRS 17