Situation

A major insurance company had been using a variety of legacy enterprise systems for many years and recognized a need to modernize its back-office solutions. The organization suffered from:

  • Multiple legacy systems with information siloes;
  • Lack of integration between procurement and accounts payable;
  • Time-consuming, manual approval processes for journal entries, expense reports, purchase orders, and invoices;
  • Difficulty with consolidated reporting due to disparate information sources.

The organization sought to completely revolutionize its operations across all business functions with a modern ERP solution.

I have only heard great accolades about Centerpoint. It has gone as smoothly as it possibly can.

Barry Gilway President, CEO, and Executive Director at Citizens Property Insurance

Solutions & Benefits

AST’s extensive cloud expertise was critical in driving the customer towards cloud technology to ensure the greatest benefit to employees and customers. Originally planned as an on-premise implementation, the organization ultimately choose Oracle Cloud ERP, HCM, and EPM applications. AST and the organization have worked together to bring the solution live and continue to execute a multi-phase plan to modernize back-office functions. Some of the benefits realized so far include:

  • Streamlined and optimized business process flows.
  • Improved timeliness and access to reporting data and financial close.
  • Enabled real-time visibility into budget usage.
  • A cloud approach that has reduced infrastructure investment.

Industry: Insurance

Solution Components:

  • Oracle ERP Cloud
    • Financials
    • Procurement
    • Advanced Procurement
    • Reporting
  • Oracle HCM Cloud
    • Advanced HR
  • Oracle Planning and Budgeting Cloud Service
  • Oracle Enterprise Performance Reporting Cloud Service

Why AST ?

AST’s deep understanding of Cloud technology has enabled this customer to begin a journey to digital transformation, beginning with Oracle ERP Cloud to transform back-office operations and streamline customer engagement for improved employee and customer experiences.