Xceedance F&A services manage and support every aspect of an insurer’s finance and accounting processes from technical accounting to reporting while ensuring transparency and compliance with financial, management, and statutory reporting requirements.
Xceedance offers a unique combination of insurance expertise, technological proficiency, and a wide gamut of finance and accounting services, including cash management and AP/AR, internal audits, SOX compliance, treasury management services, financial and regulatory reporting, expense planning and analysis, and financial planning. Insurers can enhance their financial operations and increase overall organizational effectiveness by availing of our services. The technical accounting team at Xceedance helps in earnings, expenses, and revenue management in line with the applicable regulatory framework. The team also helps insurers calibrate relative financial performance and strength in the relevant operating jurisdiction through claims reserves, capital adequacy, and other ratios. Xceedance F&A experts possess strong expertise in invoicing, tracking of due and received payments, journaling transactions, managing credit arrangements, write-offs, cash flows and collections, and consulting on financial controls. Our compliance experts provide a broad spectrum of support services ranging from SOX compliance to ORSA and PCI audits.
Our team comprises certified and highly trained professionals who possess strong domain knowledge, including financials in ERP systems regulatory and statutory frameworks across different geographies. We have a track record of 100 percent accuracy and support insurers by eliminating the risk of compliance-related penalties and ensuring timely reporting. Our services include transaction processing, general ledger accounting, SOX, internal audit and statutory compliance services, reconciliation control and assurance, and business insights and cash management.