Business challenges

Client wanted:

• A consolidated financial model, to increase the financial transparency. This project was focused on generating an improved insight in the costs of the Business Units on distinguished Areas,for defined product groups
• To use this insight to benchmark front and back office activities, to compare performance of identified BU’s on distinguished Area’s

Our solution

• Focus phase: analysis of organisational costs, and make them comparable between BU’s, set up standard value chains per Area, determine the branches per Area
• Data collection and modeling: including setting up systems architecture
• Analysis, validation, and define next staps

The results

The following deliverables are realised:

• BU financial report with analysis of the performance per BU
• Area financial report with analysis of the performance per BU within this Area
• Systems infrastructure defined and implemented, including training and preparation of manual to enable Insurance Company to repeat this process on a yearly basis