![Case study Union insurance company](https://framerusercontent.com/images/7EejtpljlXkkr0yzqgDLPX2aFfs.jpg)
Case study
Case study Union poisťovňa
Author
František Hás
9 May 2024
Get insight into the digitalization of processes at Union Insurance with the help of our software.
Union Insurance Company, founded in 1992 in Slovakia, has evolved into one of the leading insurance companies in the market. As a member of the largest Dutch insurance group Achmea since 1997, this insurance company draws on extensive international experience, enabling it to offer comprehensive insurance services in many countries, including Slovakia, Turkey, Algeria, and others.
Reasons for Transitioning to an Online Solution
The inspiration for transitioning to an online solution stemmed from the need to increase efficiency, improve transparency, and reduce risks associated with manual processes. The insurance company was searching for an intuitive tool for order and contract management, consolidating two key parts of the company – UNION Insurance Company and UNION Health Insurance Company – and offering centralized real-time process management.
It was crucial for the system to communicate with all employees in one application. Considering the existing SAP and Microsoft systems, it was essential for the new solution to be compatible and able to be quickly integrated with minimal training costs.
Why INSIO?
The choice of the INSIO system was crucial for its ability to effectively manage and predict financial flows from the creation of the first purchase requisitions. This capability is key for timely financial planning, preventing unauthorized changes to already approved orders, and providing thorough expense tracking in relation to budgets.
Approval workflows, setting up cost centers and purchasing groups, email communication with suppliers, user role and permission settings – these are, among others, the features that come with the proper configuration of almost any process.
Key Benefits of the INSIO System
Integration with existing systems: Easily integrates with platforms like SAP and MS SharePoint.
User synchronization: Setting access rights based on the organizational structure.
Security: The system complies with international standards IFRS16, ensuring auditability of financial operations.
Process efficiency: Digitalization leads to faster processing and reduces errors.
Money control: Invoice management facilitates better overview of financial flows.
Productivity increase: By reducing administrative burden, employees can focus on more valuable tasks.
Thanks to the implementation of INSIO, UNION Insurance Company has gained a tool that effectively addresses the entire purchasing process – from requisition to tracking delivered goods. The company has saved its employees' time and gained better control over the budget.
For more information on how INSIO can help your organization, visit our website or contact us for consultation.
![Case study Union insurance company](https://framerusercontent.com/images/7EejtpljlXkkr0yzqgDLPX2aFfs.jpg)
Case study
Case study Union poisťovňa
Author
František Hás
9 May 2024
Get insight into the digitalization of processes at Union Insurance with the help of our software.
Union Insurance Company, founded in 1992 in Slovakia, has evolved into one of the leading insurance companies in the market. As a member of the largest Dutch insurance group Achmea since 1997, this insurance company draws on extensive international experience, enabling it to offer comprehensive insurance services in many countries, including Slovakia, Turkey, Algeria, and others.
Reasons for Transitioning to an Online Solution
The inspiration for transitioning to an online solution stemmed from the need to increase efficiency, improve transparency, and reduce risks associated with manual processes. The insurance company was searching for an intuitive tool for order and contract management, consolidating two key parts of the company – UNION Insurance Company and UNION Health Insurance Company – and offering centralized real-time process management.
It was crucial for the system to communicate with all employees in one application. Considering the existing SAP and Microsoft systems, it was essential for the new solution to be compatible and able to be quickly integrated with minimal training costs.
Why INSIO?
The choice of the INSIO system was crucial for its ability to effectively manage and predict financial flows from the creation of the first purchase requisitions. This capability is key for timely financial planning, preventing unauthorized changes to already approved orders, and providing thorough expense tracking in relation to budgets.
Approval workflows, setting up cost centers and purchasing groups, email communication with suppliers, user role and permission settings – these are, among others, the features that come with the proper configuration of almost any process.
Key Benefits of the INSIO System
Integration with existing systems: Easily integrates with platforms like SAP and MS SharePoint.
User synchronization: Setting access rights based on the organizational structure.
Security: The system complies with international standards IFRS16, ensuring auditability of financial operations.
Process efficiency: Digitalization leads to faster processing and reduces errors.
Money control: Invoice management facilitates better overview of financial flows.
Productivity increase: By reducing administrative burden, employees can focus on more valuable tasks.
Thanks to the implementation of INSIO, UNION Insurance Company has gained a tool that effectively addresses the entire purchasing process – from requisition to tracking delivered goods. The company has saved its employees' time and gained better control over the budget.
For more information on how INSIO can help your organization, visit our website or contact us for consultation.
![Case study Union insurance company](https://framerusercontent.com/images/7EejtpljlXkkr0yzqgDLPX2aFfs.jpg)
Case study
Case study Union poisťovňa
Author
František Hás
9 May 2024
Get insight into the digitalization of processes at Union Insurance with the help of our software.
Union Insurance Company, founded in 1992 in Slovakia, has evolved into one of the leading insurance companies in the market. As a member of the largest Dutch insurance group Achmea since 1997, this insurance company draws on extensive international experience, enabling it to offer comprehensive insurance services in many countries, including Slovakia, Turkey, Algeria, and others.
Reasons for Transitioning to an Online Solution
The inspiration for transitioning to an online solution stemmed from the need to increase efficiency, improve transparency, and reduce risks associated with manual processes. The insurance company was searching for an intuitive tool for order and contract management, consolidating two key parts of the company – UNION Insurance Company and UNION Health Insurance Company – and offering centralized real-time process management.
It was crucial for the system to communicate with all employees in one application. Considering the existing SAP and Microsoft systems, it was essential for the new solution to be compatible and able to be quickly integrated with minimal training costs.
Why INSIO?
The choice of the INSIO system was crucial for its ability to effectively manage and predict financial flows from the creation of the first purchase requisitions. This capability is key for timely financial planning, preventing unauthorized changes to already approved orders, and providing thorough expense tracking in relation to budgets.
Approval workflows, setting up cost centers and purchasing groups, email communication with suppliers, user role and permission settings – these are, among others, the features that come with the proper configuration of almost any process.
Key Benefits of the INSIO System
Integration with existing systems: Easily integrates with platforms like SAP and MS SharePoint.
User synchronization: Setting access rights based on the organizational structure.
Security: The system complies with international standards IFRS16, ensuring auditability of financial operations.
Process efficiency: Digitalization leads to faster processing and reduces errors.
Money control: Invoice management facilitates better overview of financial flows.
Productivity increase: By reducing administrative burden, employees can focus on more valuable tasks.
Thanks to the implementation of INSIO, UNION Insurance Company has gained a tool that effectively addresses the entire purchasing process – from requisition to tracking delivered goods. The company has saved its employees' time and gained better control over the budget.
For more information on how INSIO can help your organization, visit our website or contact us for consultation.