Policy Management in SAP S/4HANA
SAP Fioneer digital core insurance solutions provide the advanced policy, product, quotation, underwriting, claims, and billing, as well as incentive and commission management functionalities insurers need to improve efficiency, and customer loyalty.
Smarter E2E processes
Lower integration costs
Same technology base for all Insurance components.
Reduced TCO due to reduced system landscape by integrating Policy Management for Insurance into S/4HANA.
Simplified system landscapes with respect to:
Improved performance by using SAP HANA as the underlying database technology.
No network overhead for communication between components of S/4HANA.
Delivery of insurance innovations and SAP Notes in the same support package now enabled due to a single “Insurance” software component.
Improved integration based on harmonized cross-Insurance delivery Customizing.
Focus on core Policy Management for Insurance functions to reduce complexity.