Innovation Group, a provider of software, business process outsourcing and repair and service network management solutions to the property and casualty industry, has selected Hitachi Consulting UK to transform its global claims administrators' business by consolidating legacy financial systems into a new corporate ledger application.
Innovation Group has also awarded the implementation project to to Hitachi Consulting UK.
Hitachi said that the new application will run on a Microsoft Dynamics AX platform and integrate with Innovation Group’s latest insurance software, Insurer. Dynamics AX Delivery methodology, known as ‘Consensus‘, includes a toolset and accelerators to help reduce risk, delivery times and cost, and facilitate best practice configuration.
The business benefits that are expected to be realized from the roll-out of the Microsoft Dynamics solution include: operational savings across finance teams as a result of business process automation; reduction of license and upgrade costs; and improved visibility and management of operational finances and cash flow and a scalable platform for future business growth.
The first phase of the project was delivered in December 2009. This involved supporting Innovation Group with the first roll-out of its new finance platform to its business in France. It also involved delivering training and support materials to enable Innovation Group to complete the roll-out across Spain, UK, Germany, Australia, South Africa and the US in 2010.
Tom Mann, global enterprise program manager at Innovation Group, said: The manual intervention required to invoice, bill and collect was excessive and inefficient, and was having repercussions across the group.
Hitachi Consulting completed the first implementation successfully on time and on budget. Over the course of the project they have become a valued supplier, and although it was a fixed price project, they continue to provide ongoing support.