Banking & Financial Services
An Insurance Company Leverages SAP AMS to Improve Efficiency and Compliance
Overview
Since its inception, this insurance company has continually expanded its offerings, providing the most extensive range of insurance products and services that adhere to Islamic Sharia principles. This non-conventional approach to insurance remains fully aligned with Islamic values. The company’s mission is to provide innovative and Sharia-compliant insurance solutions to its customers. Its vision is to be the leading insurance company in the region.
industry
Banking & Financial Services
region
Qatar
company size
500+ employees
Business challenges
- Implement data tiering strategies to control storage costs and effectively manage the rapidly increasing volume of data.
- Establish a foundation for future innovation by developing online and offline platforms for product offerings.
- Prioritize speed in addressing customer inquiries and grievance redressal within the compliance department.
- Enhance accessibility and retrieval of customer data while maintaining compliance with data regulations.
- Drive innovation by laying the groundwork for future online and offline product offerings.
- Ensure robust data security measures and compliance with privacy regulations.
Innovative solutions
Being a trusted SAP Gold Partner, Accely has transformed various industries with its innovative solutions. Since every business is different, our experts are aware that every industry requires an individual approach to satisfy client and business goals. With our comprehensive approach and tailored solutions, you can lead your company towards a holistic transformation.
Our expertise, global presence, and relentless dedication can be revolutionary for modern enterprises.
We Implemented
SAP S/4HANA Cloud – FICO, SD, MM, REFX, C4C sales.
We Offered
SAP Sales and Service Cloud integration with S4HANA and Premia.
We Developed
The ReFX mobile app for tracking the rental process.
We Provided
Annual Maintenance Support of all SAP modules.
Business impact
Data compliance and governance
Ensure strict data compliance and governance for better control over important information.
Valuable data
Use valuable data to enhance the quality of products and services.
Quicker decision making
Combine offline and online data sources for quicker decision-making, accessible to everyone.
Simplified account feed
Provide a single-screen view of all account activities through the Account Feed.
Seamless data access
Simplify data access for structured and unstructured data.
Faster decision making
Speed up decisions by bringing together offline and online data sources.
Impact that matters
45%
Reduction in Total Cost of Ownership (TCO) contributes to improved financial performance.
60%
Insurance firms integrate IoT data into their operations, enhancing their ability to improve product offerings.
75%
Increase in speed leading to more rapid completion of tasks and improved overall efficiency.