Insurance Accounting

How Flexi Helps the Insurance Industry With Comprehensive Accounting Solutions

Flexi produces cloud-based financial management software built specifically for insurance companies. The software integrates with most policy, billing and claims systems, helping organizations in the insurance industry automate and streamline processes while staying compliant with regulatory requirements.

Flexi insurance accounting software solutions increase the overall efficiency of accounting processes. These software solutions allow users to remain competitive with the accounting tools and controls needed to manage complex regulatory requirements and adapt to changing market demands.

Flexi’s solutions simplify complex financial management with a fully-integrated suite of financial management software, professional services, and an experienced support staff.

Flexi’s insurance accounting software…

  • Analyzes financial statements and tracks performance of lines of business, profit centers, and locations
  • Integrates seamlessly with policy, billing, and claims systems, creating end-to-end solutions for faster, more efficient access to information
  • Provides better security, more internal controls, less manual intervention, and stronger reporting for maintaining compliance requirements
  • Simplifies multi-book accounting into a single system of financial records, enabling users to track GAAP, statutory, and adjustments simultaneously, as well as facilitate the creation of statutory reports.

Flexi’s insurance accounting software solutions are proven for insurance companies. Some of the many features of the software include:

  • Statutory set of books
  • Department P&Ls
  • Claim payments and drafts
  • Premiums recognition
  • Detailed record of billings
  • Chart of Accounts Master
  • 1099 processing
  • Powerful allocations

With Flexi’s insurance accounting software, it’s easy to automate and streamline both your accounting workflow processes and statutory reports with flexible financial management software.

The bottom line

Flexi’s solutions enable your organization to successfully compete in the dynamic insurance market. Automate and streamline your financial processes with the tools and controls to support complex regulatory requirements and changing market demands.

Flexi’s comprehensive financial management software simplifies and automates the entire accounting workflow process without compromising security. Open architecture meets even the most stringent security requirements yet allows data to flow seamlessly with any system.

Flexi delivers all the rich features you’d expect in a top tier accounting solution, but without the high cost. With quick implementation that can be deployed on-premises, in the cloud or in a hybrid environment, Flexi will not only simplify your accounting processes today, but also will have you ready to adapt quickly to market or business changes in your future.

Learn more about Flexi insurance accounting software solutions, or call 800-353-9492 to set up a demo today.