FAQs by Product
FTS Insurance
FAQs by Product
FTS Insurance
FTS is ready to accompany and support you in fully leveraging the value of the technology solutions we provide. Understand deeply – Operate correctly – Accelerate efficiency!
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Which types of businesses is FTS Insurance suitable for?
FTS Insurance is specifically developed to meet the operational and financial management needs of non-life insurance companies, including those with multiple branches,…
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FTS Insurance integrates with which systems?
FTS Insurance offers flexible integration with insurance core systems, retail apps, banks, and the Tax Authority’s e-invoice system. FTS Insurance is built on an open architecture, allowing…
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What are the main functional groups included in FTS Insurance?
It includes three main groups: Core Financial Accounting, Insurance Financial Management, and Reinsurance, covering the full scope of operations for non-life insurance companies…
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Does the software support issuing electronic insurance invoices?
FTS Insurance supports the issuance of E-invoice insurance, digital signing, and direct data transmission to the General Department of Taxation. The software integrates the invoicing module…
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Does the software support insurance certificate management?
FTS Insurance enables companies to manage the issuance, return, and inventory of insurance certificates in detail by type, serial number, and user...
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Does FTS Insurance support reinsurance management?
The reinsurance module in FTS Insurance is designed to fully manage all reinsurance operations, including ceded and assumed reinsurance, Treaty, …
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Does the software automatically post accounting entries from modules?
FTS Insurance enables all transactions arising from insurance and reinsurance operations to be auto posted into the accounting module, eliminating manual entries and accelerating…
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Can businesses request custom features tailored to their needs?
FTS Insurance allows customization based on each company’s processes and operational specifics. The system supports customize:
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Does FTS Insurance support business performance analysis report?
FTS Insurance provides analytical reports on revenue, expenses, profit, and performance by operation and product. The system offers multi-dimensional analysis reports covering revenue, expenses,...
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After implementation, how will FTS Insurance support the company?
FTS software ensures technical support, maintenance, upgrades, and insurance–accounting consultancy. FTS commits to providing:
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How does the software manage detailed receivables and payables?
The AR and AP system enables companies to manage debts in detail by contract, customer, supplier, and reinsurance partner. The system allows:…
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