accounting software for insurance industry

Operating in a highly competitive industry, insurance companies must be proactive in fulfilling customer demands and building a trusting relationship. From countless administrative tasks to managing hundreds of forms and contracts for a variety of clients, insurance companies accumulate an overwhelming amount of paperwork. Moreover, the insurance industry faces strict compliance requirements and reporting needs. This makes it crucial for your insurance firm to have a flexible and dependable financial management and accounting software solution like Sage Intacct.

Designed for the specific needs of the insurance industry, with our accounting software solution, Sage Intacct, you can:

  • Perform multi-company and multi-book accounting
  • Track and report in both GAAP and statutory accounting
  • Automate and simplify the accounting workflow freeing up valuable time
  • Manage premiums with auto pay capabilities through the customer portal
  • Calculate insurance payments, prepare insurance documents and automate contract accounting
  • Integrate data from across departments into one unified location

CompuData’s accounting solution for insurance companies combines robust reporting capabilities, automation functions, and seamless integration to ensure the highest levels of flexibility. We understand the heavily regulated insurance industry and its unique reporting requirements and security needs. As an expert provider for insurance firms, we give you the capabilities you need to succeed. Our scalable financial management solution, Sage Intacct, allows your insurance firm to easily adapt to changing compliance requirements. Additionally, your firm can effectively manage internal controls.