General Ledger
Although AdInsure is a comprehensive solution for the insurance industry, we have decided to employ the world renowned Microsoft Dynamics AX and NAV solutions for managing accounting matters related to the general ledger. Both are fully integrated with AdInsure, with Microsoft Dynamics NAV being better suited for somewhat smaller accounting departments and Microsoft Dynamics AX being the better choice for large and more complex organisations in terms of business processes and responsibilities.
Microsoft Dynamics is a range of adjustable Enterprise Resource Planning (ERP) solutions based upon the general ledger and provides support for most business functions and processes and assists management and employees in making better business decisions. In addition to offering a user experience similar to Microsoft's existing solutions, Microsoft Dynamics is also highly compatible with them. These are the main advantages of Microsoft Dynamics:
- Global solutions adjusted to the local business environment,
- A familiar user experience and compatibility with other Microsoft technologies,
- Complete interface with the AdInsure solution,
- Long-term development support is guaranteed, making this a safe investment,
- Available in virtually all European countries.
In the area of insurance, the main concern is general ledger management from various controlling viewpoints or dimensions. These may be required by legislators or insurance supervisory authorities (e.g. insurance groups and classes), or they may be business oriented. Microsoft Dynamics solutions enable superior support for this type of monitoring. They are used by our two biggest customers at the moment, the Zavarovalnica Triglav and Zavarovalnica Tilia (SavaRe) insurance companies.
