ERP insurance

ERP for Insurance

ERP for Insurance

Elinext teams build flexible efficient ERP systems for information processing that allows insurance companies to work with a great number of clients, deal with accountable documents including the ones for governmental entities, go regularly through check-outs. The integration of specialized applications created by our developers into one’s routine workflow will greatly transform the working processes of the existing departments uniting them and creating an integrated business space

Elinext Expertise in ERP Development for Insurance
Our Expertise
For insurance companies, Elinext offers ERP solutions with the following features:
Purchasing Data Management
Contract Accounting and Follow-up Management
Receivables and Credit Management
Billing Management
Accounting Transaction Management
Cash & Finance Management
Purchasing Data Management
/ .01

Gives access to the history of deals, description of existing products and sales plans on each of them what allows control of all sales processes.

Contract Accounting and Follow-up Management
/ .02

Allows finding all direct insuring and reinsuring contracts easily and stores accurate information on the way signed contracts are being fulfilled and whether some of them are put on hold or not.

Receivables and Credit Management
/ .03

Stores in one place the whole information concerning debtors and creditors, their contact data and the history of collaborative engagement with the company.

Billing Management
/ .04

Provides accurate control of financial accounting for customers and improves the processes of working out pricing models for insurance products.

Accounting Transaction Management
/ .05

Allows improving transaction reporting by preventing one’s specialists from the processing of time-consuming paperwork and from gathering fragmented electronic documents.

Cash & Finance Management
/ .06

It allows taking full control over its cash flow, as well as simplifies financial planning and improves the level of finance data accuracy thus strengthening budgeting capabilities of the insurance company.

Development of Custom ERP for Insurance
Services
Elinext professionals are ready to provide insurance companies with several services:
/ 01.
Custom ERP Development
We provide our clients with the development of an ERP system from scratch when a group of our professionals examine the drawbacks of the existing management system, analyze the flow of business processes and according to the data received work out the necessary enterprise planning software that will bring the organization on another level of its development.
/ 02.
ERP Customization
In case you already know what your company needs we are ready to follow your requirements and customize ERP in accordance with the order you left.
/ 03.
ERP Software Testing
Our specialists can offer several solutions for increasing your business efficiency and there are no problems in software testing of each of them to show the advantages of the applications. Looking at them in the process you are sure to make an accurate decision.
/ 04.
ERP Implementation
Once you have decided what features the ERP system for your company should have, our experts will help carry out the implementation of the software so that your employees will not feel any inconvenience at work. You will be provided timely with a comprehensive consultation on how to work in new conditions.
/ 05.
ERP Upgrade and Maintenance
As we have mentioned previously, the sphere of insurance is alternating all the time. Thus, the implemented ERP system will evidently require upgrade and maintenance with the time being. As soon as such a necessity appears, you can call us and we will be glad to provide you with the support you need whether it concerns a complete replacement of the system or just a little modernization.

ERP Benefits in Insurance

Benefits
Specialized Enterprise Resource Planning solutions undoubtedly allow supporting a complete cycle of insurance production providing owners of insurance companies with an opportunity to:
/ 01.
Cut down the level of reserve stocks and increase the efficiency of working processes.
/ 02.
Optimize business-processes in the company by decreasing finance and time expenses.
/ 03.
Improve the efficiency of pricing processes and budgeting.
/ 04.
Regulate the production processes according to customer demand changes.
/ 05.
Control the quality of one’s insurance services in real-time.
/ 06.
Make an available database with all the necessary documents sorted there.
Case studies
Case studies
Check out some of our completed projects that can give you a taste of how your business can benefit from iOS app development services we provide
Masternodes Investment Web Platform

Elinext was contacted by German cryptocurrency startup with a business challenge to build a platform that would allow users invest their funds into a pool of Masternodes.

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Hedge Accounting Software for US-based Risk Management Consultanting Agency

Our main task was to come up with an efficient and automated management solution helping to mitigate foreign currency risks.

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Advanced Insurance CRM system

CRM had to be able to import financial data (customers’ transactions, daily prices, CUSIPs, etc.) and use them for calculation of customers’ account balances, bank commissions, etc.

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BDO Financial App

The customer has requested to develop a mobile application on Android, that will use their REST webservice and will be integrated into their system. The application should parse external XML and display news from remote server.

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3-tier ERP and Payment Processing Solution

The project included the development of the ERP system for tracking transactions and objects related to them, client and administrative web applications + API for mobile platforms.

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Blockchain-Based System for Distributed Parliaments

The product represents a blockchain-based system for so-called “distributed parliaments” or other institutions which consist of independent members who come to a decision based on the transparent voting.

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Blockchain-Based Solution for a Metals Trading Business

Our engineers concentrated on providing a simple and secure interface for managing private trade agreements. Our clients wanted a solution that supports business logic flows by strengthening security and usability.

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Web Application for ICO Investments and Management

Our client wanted to provide its users with an opportunity to participate in their ICO campaign in a fast and convenient manner. The idea behind the solution wrapped around an efficient and automated web application with an extended admin panel allowing clients to easily manage their investments.

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Medical Practice and Billing Software

The project is a healthcare CRM for healthcare companies that empowers doctor practice, office automation and medical billing.

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Payment processing solution for restaurants

Our customer is a European startup in the field of payments for cafes and restaurants. Its solution represents a special tablet with a built-in system for accepting payments via credit cards, a corresponding application for this tablet, and an administration system for the venue itself

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