FTS Insurance allows all transactions from insurance and reinsurance to be automatically posted to accounting,eliminating manual entries and enhancing both processing speed and data accuracy.
FTS Insurance automatically synchronizes data from operational modules to the accounting module, including:
- Insurance premium revenue, claim expenses, and commissions.
- Premium reserves and claim reserves.
- Reinsurance costs and reinsurance claim
- This reduces manual data entry and improves both accuracy and processing speed.
With its integration and automation capabilities, FTS Insurance helps companies minimize errors, optimize accounting resources, and enhance financial management efficiency.
