Financial Close Management demo
Every close task, file and sign-off across actuarial and finance on one timeline, with agents chasing what is late before it blocks the filing. 1:14
What the demo shows
A close management solution for insurers that tracks every task and sign-off on one timeline.
Six agents watch every extract, file, reconciliation and sign-off, mark tasks done on evidence and keep the critical path true; when a task slips they show which sign-offs move and whose, and the controller picks the recovery.
Transcript
- Financial Close Management puts every insurance close task and sign-off on one timeline, with its critical path.
- Today, a late reinsurance file is found only when it blocks the next step, often days later.
- Northvale's third-quarter close has 186 tasks planned to close on Day 7.
- At 8.40, the watcher sees the seeded loss file rerun for 41 hail claims.
- Friday's reinsurance accrual has to start again on Tuesday, two days late.
- The Ripple names every sign-off that moves and who's.
- The close slides to day nine.
- The agents score three recoveries.
- Hannah splits the accrual and wins back a day.
- The owners are told, and a CFO's note says close on day eight, with a day to spare.
- Built on Botminds: agents, data, screens, and governance on one platform.
Transcribed from the film’s narration. Captions are on the player.