Case Study

Accounting automation enables compliance

Accounting automation enables compliance

Accounting automation enables compliance

INDUSTRY Life Insurance GEOGRAPHY Moscow, Russia CHALLENGES Automate and secure the company’s monthly accounting closing process to replace a manual system that was labor- intensive and subject to operational risks and had a burdensome audit trail. Implement a new chart of accounts mandated by the Russian Central Bank. SOLUTION • Axway Accounting Integration Suite (AI Suite) • Axway Sentinel RESULTS • 80% reduction in workload for monthly accounting closings through automating and optimizing business processes • Comprehensive audit trails implemented with a direct link between business systems and the accounting system • Greater agility with posting rules easier to modify, and the ability to implement a new chart of accounts • Ability to manage multiple ledgers inc

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