Swiss Re Transforms Its Reinsurance Finance Division with SAP S/4HANA Finance
The global 2008 financial crisis presented a multitude of challenges for companies in the insurance industry, including higher pressure on margins and strict regulatory reporting requirements. Swiss Re, a global provider of leading wholesale resinsurance and insurance, was not immune to these challenges. To help overcome these hurdles, Swiss Re undertook a multi-year finance transformation journey called the ATLAS Project. Read how Swiss Re’s Reinsurance Finance division uses SAP S/4HANA Finance as the centerpiece of a transformation defined by simplification, integration, and automation of finance processes, and reach its target of a five-day close.
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