The accounting requirements of every industry are different. Accounting for the Insurance industry attracts many freight bills, invoices, receivables, etc. and is transaction intensive. The accounting team in Insurance industry must be proactive and ensure proactive compliance to the regulations and Insurance accounting standards.
Moreover, Insurance players must ensure timely delivery of invoices , bills etc. to ensure cash flow, specially given that the margins are low.
In this eBook, Metromax team shares its experience on how to manage accounting in Insurance business to ensure accuracy, and compliance at an optimal cost.