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Automated Accounting

Xceedance utilized its superior domain expertise and technological capabilities to help an insurer automate its accounting processes.

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An insurer wanted to build a multi-purpose application to automate several accounting functions to streamline its overall operations. According to the insurer’s specific requirements, the application was required to generate invoices, execute processes related to premium payments, initiate collection processes on time, and update banking information. The project entailed several risks: scope creep in case process flows or requirements changed in the project schedule and limited availability of UAT team personnel during critical points of the project implementation, among other things. Other risks included a lack of adequate historical data and a possibility that regional factors would impact efficient implementation across different geographies. The Xceedance approach entailed determining and mitigating these risks and creating a cross-disciplinary team with expertise in different areas and the insurer’s staff members.

The collaborative team comprised the client’s personnel and Xceedance subject matter experts in technology, quality assurance, and development. The team devised a fourth-month timeline for the overall project implementation process. The Xceedance team used SQL Server, MVC with AngularLS, C#, and ASP.NET as the databases to build an application on the Microsoft.NET platform. The application developed by the team supported existing applications as well as the evolving functional needs of the insurer. Overall, the solution reduced processing errors and enabled broader accessibility, better configurability, and unlimited scalability.

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