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Industry:
Prodacapo product:
Solution in brief: |
Life insurance
Prodacapo ABC/M
Product costing and profitability
analyses.
Process costing and optimization.
Correct cost data for accounting
purposes. |
Informed decision-making at
Lansforsakringar Liv
About
Lansforsakring Liv is a life insurance company with 280 employees and premium income of approx. USD 1.2 billon annually.
Challenge
Lansforsakringar needed better cost and profitability information for improved decision making, to keep operation costs down and for legal accounting purposes.
Results
With Prodacapo ABC/M, Lansforsakringar Liv can:
- Make more accurate cost and profitability analysis per product. This is important for pricing, strategy and product development decisions.
- Track and analyze costs at process levels. This helps them make operations more efficient and to follow up on process improvements.
- Base internal charging on more accurate costs.
- Produce correct cost data for accounting purposes and to meet legal requirements. This includes identification of acquisition costs for capitalization, as well as identification of claims expenses.
Learn about the Prodacapo ABC/M software »
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"The Prodacapo ABC/M system is straightforward and flexible, there are no restrictions - we can do what we want. And the support is great."
Hakan Geiryd
ABC coordinator
Lansforsakringar Liv | |
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