Why SAP?
Pottencial
• SAP S/4HANA, helping simplify technology architecture, processes, and data models and enabling a data model that supports business strategy • Real-time information processing that saves time and speeds up decision-making • Reporting, analytics, and planning solutions that increase operational visibility and insight • Cloud solution scalability • Comprehensive tools to better manage security and compliance
Insurance | Brazil SAP S/4HANA
Integrating back-end processes for greater transparency and better reporting
60% Average reduction in bank fees
75% Reduction in accounts receivable closing time, down to one day ~40% Reduction in monthly closing time, to five days
Having entered the insurance market in 2010, Brazil’s Pottencial Seguradora S.A. has grown quickly, impressing customers with speedy service and winning several awards for specialist offerings in areas such as surety insurance. As it opened new branches and grew its market share, Pottencial saw the need to deploy an intelligent infrastructure for ERP to improve processes and data flows across areas including accounting and finance. The right solution would not only increase efficiency, aid decision-making, and enhance security but also provide the reliable data Pottencial needs to comply with increasing regulatory demands in the insurance industry.
100% Elimination of manual accounts payable processes with automated payee scanning
Challenges
• Lack of visibility of business processes, 360˚ view of customers • Lack of standardization & automation • Lack of collaboration & capability to scale
“As we leverage technology to improve our client experience, SAP S/4HANA provides the foundation for reliable data that aids smart decision- making.”
Outcomes
• Optimized operations, inventory and supply chain management • Improved finance operations • Manage governance, risk and compliance • Improved decision-making • Improved employee productivity and customer experience/ satisfaction
CIO, Pottencial Seguradora S.A -Daniel Amorim
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