Infor FMS SunSystems to improve financial Processes in Mexican insurance company

25th August 2012

Mapfre, a leading insurance company with 400 sites in Mexico, is to use the latest version of Infor FMS SunSystems to manage its financial operations. Mapfre has recently successfully upgraded to a newer version of Infor FMS SunSystems, with enhanced functionalities to access reliable analytic data in real time, generate accurate reports, and face business challenges, fulfilling multiple regulatory demands in an extremely competitive market.

 

 

 

Mapfre has recently successfully upgraded to Infor FMS SunSystems to benefit from new capability in report generation and financial operations management. Infor provided all necessary support for the project to be swiftly and successfully implemented in a few months. Thanks to Infor FMS SunSystems Mapfre closes its books before the 5th day of each month.

The new version of Infor FMS SunSystems will help Mapfre decrease costs, shorten the financial closing process, generate reliable data, fulfill multiple local and global regulatory requirements as well as have greater financial visibility.

“Multiple data that we manage with Infor FMS SunSystems can be accessed and used according to each user requirements making our work easier,” states Luis Huitron, Finance Director, Mapfre, “and with the new version we can generate reports more quickly, with more data and more efficiently,” he adds.

“From an IT perspective it is very important that users access their own data without our intervention, this has helped us save valuable time,” says Luis Edgardo Sierra Carmona, IT Director at Mapfre. 

“Finance departments face increasingly complex business and regulatory demands.  Enterprises are demanding more and more efficiency from their financial teams,” commented Robert Faricy, senior vice president, Infor Latin America. “Companies like Mapfre deploy Infor Financials to optimize valuable time previously used in data entry, to focus on responding to challenges and ultimately managing the business. It is all about speed and responsiveness. ´Survival of the fastest´ is the new law of business success.”

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