Why SAP?
VIS Insurance | Iceland SAP S/4HANA
• SAP’s commitment to innovation and its reputation as a trusted, safe, and stable technology partner • SAP S/4HANA for a centralized suite enabling a single source of truth and automated, digital workflows • Origo’s trusted advisor status and expertise in implementing SAP S/4HANA and other SAP solutions
Becoming an Intelligent Enterprise to Aid Compliance and Enhance Business Insights
20% Faster annual auditing processes
~70% Faster financial report generation, from minutes to seconds
Vátryggingafélag Íslands hf. (VIS) aims to “make insurance easy” for its customers, whether they are individuals seeking to insure their property, vehicle, or pet or organizations looking to avail of a range of business services. The company wants to become a digital services organization that innovates the way insurance works while providing an excellent experience for customers. To support its business goals, VIS wanted access to real-time data to help it make smart, nimble decisions. The company understood it was time to transition to a next-generation ERP suite.
Challenges
• Low employee productivity & customer experience/ satisfaction • Innovation constraints • Lack of standardization & automation • Lack of system support for strategic initiatives
“Thanks to SAP S/4HANA, we have built a standardized, robust, and reliable general ledger system that can provide high-quality data to support decision- making.” Development Manager, Vátryggingafélag Íslands hf. -Trausti Elísson
Outcomes
• Improved employee productivity and customer experience/ satisfaction • Improved decision-making • Improved finance operations
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