Transaction
Processing
Handling payments, including supplier/vendor payments, statutory payments, claims and re-issuance payments, collateral management, TPA management, and the treasury function
Finance & Accounting
Modernizing insurance finance and accounting (F&A) workflows with technology-driven operations support
- Comprehensive finance and accounting services tailored to the needs of insurers, reinsurers, MGAs, brokers, and TPAs
- Extensive domain expertise, having partnered with major insurance clients worldwide
- Digital-first operations, ensuring seamless integration of cutting-edge F&A platforms and emerging technologies
The Xceedance Advantage
Our finance and accounting services enable insurance organizations worldwide to streamline operations and make informed strategic decisions. With a focus on real-time insights, enhanced governance, compliance, cost-efficiency, and data security, we deliver:
- Geo-specific full-service offerings, ranging from transactional support to regulatory compliance and financial statement preparation, including budgeting and analytics
- A seasoned team with deep knowledge of major ERP and accounting systems, equipped to serve clients globally
- Finance consulting services, encompassing end-to-end process setup and finance transformation journey frameworks
Accounting & Reporting
Regulatory & Statutory Filings
Taxation & Audits
Business Planning & Analytics
Business Consulting
ACCOUNTING & REPORTING
Efficient Accounting and Reporting Solutions
Transaction
Reconciliation, Control, and Assurance
Conducting bank, P&L, and balance sheet reconciliations, booking end-of-the-month journal entries, and generating accounts receivable and payable aging reports
General Ledger Accounting
Managing expense allocation, accruals, ledger closing in compliance with GAAP, STAT, and IFRS, group consolidation, cash flow statements, and inter-company adjustments
Your Partner in IFRS 17 Implementation
Navigating the complexities of IFRS 17 is crucial for maintaining accurate financial reporting and regulatory compliance. Our IFRS 17 implementation support is designed to enable organizations to streamline this transition efficiently and effectively.
- Data & Process Integrity: Streamline reporting of critical accounting data with a robust core data architecture
- Global & Local Expertise: Seamless parallel reporting for both local GAAP and IFRS 17 frameworks across A&NZ, Middle East, and Asia
- IFRS 17 Model Selection Support: Select the suitable IFRS 17 model for your business through comparative cost/benefit analyses
