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Adopt Cloud ERP to Achieve Faster Financial Close and Improve Risk Management
Jun 11, 2021 | 6 min
Company: QBE Insurance
Executive Role: Sushma Segal – Group Finance COO
Technology Initiative: Adopt Cloud ERP to Achieve Faster Financial Close and Improve Risk Management
Approach:
- Adopt scenario planning to evaluate risk more holistically across the organisation
- Pivot from a traditional data consumption role into an analysis and insights production function
- Focus on skills for the future of now to price externalities and improve forward planning
- Simplify and augment processes with the right technologies to pivot towards more ad-hoc work
Challenges:
- External pressure to price climate risks is accelerating
- Resourcing constraints…