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
Elinext. Invoice Management System

Introducing our Payment Tracker, an integral part of our internal web system. This tool not only tracks payments and manages contracts but also prioritizes the security of your sensitive financial data. Elinext addresses the challenge of maintaining accurate exchange rates and offers a unified system to streamline your financial operations securely.

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UI Development for Insurance Fulfillment Solutions

Elinext's project management, QA, and development teams collaborated to create a flexible UI for insurance fulfillment solutions. With 168 releases annually, our modern interface adheres to accessibility and security standards.

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Web Application for Legal Document Review and Production in the USA

Our new web app streamlines the process of document review, indexing, and categorization, making life easier for legal professionals. Say goodbye to time-consuming tasks!

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Customizable Website Hosting Platform for Insurance Agents

Managing Insurance Agents Made Simple! Discover how our admin portal streamlines agent management for our client's B2B insurance platform.

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Data Analytics Platform for Companies Operating on the Nigerian Financial Market

Our latest project in the fintech domain transformed financial management in Nigeria! Discover how we tackled challenges and delivered a game-changing solution.

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Software for Processing and Management of Securities for a Global FinTech Company

Corporate Actions Processing solution had to provide complete, end-to-end management of the corporate actions lifecycle covering a wide range of different processing phases for an event.

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Update of Uk-Based Crypto Digital Bank

Elinext team updated a UK-based crypto digital bank. Check it out!

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Donation Management System for Non-Profit Organizations in the USA

In this case study, we show how to create a platform made to connect charities and their donors. Check it out!

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Global Invoice Factoring Software for a British Company

Elinext helped a British startup build a factoring application connecting resellers and producers around the globe.

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Financial Management System Upgrade for a German FinTech Company

Elinext collaborates with financial services providers in Germany to revolutionize their financial management systems. Learn how we helped a client upgrade their accounting module, introducing functionalities like asset management, calculation of depreciation, flexible reporting, and more.

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Contact Us
Contact Us