Webinar Series: ifb Packaged Solutions

Speeding up your finance transformation

We are overwhelmed by the interest so many banks and insurance companies have in our Packaged Solution suite. ifb Packaged Solutions offer you an optimized method based on our 30+ years of consulting expertise in financial services to implement standard software in a much quicker and cost-efficient way.

We have created the Packaged Solutions to unify best practices of the financial services industry into prebuilt deliverables at fixed costs and with a predictable scope and effort. With our product suite there is no reason to hesitate in transforming to a modern accounting platform on state-of-the-art SAP application basis as it reduces business impact risk and improves project success. There are many good reasons to follow our standard approach to rapidly implement SAP standard software.

With this webinar series, our experts would like to provide further insights, present the six different Packaged Solutions in detail and demonstrate how they interact and integrate with each other. During these live sessions you will have the opportunity to raise questions and receive answers from our experts.

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IFRS 17 – Insurance

Packaged Solution for IFRS 17 Reporting: All reports preconfigured | Bernd Müller
ifb Packaged Solution for IFRS 17 Reporting allows to efficiently generate IFRS 17 disclosure reports from SAP S/4HANA for financial products subledger (FPSL). The webinar provides an overview of the integrated solution with predefined reports combined with a data model for posting and movement analysis. A demo with SAP Analytics Cloud completes the insight in automated IFRS 17 reports.

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Packaged Solution for IFRS 17 Accounting: how to rapidly comply with the new standard? | Julian Schweizer, Ute Nyenhuis
IFRS 17 amounts to an unprecedented shift in process, functionality and data. ifb Packaged Solution for IFRS 17 Accounting allows you to cut through the complexity of IFRS 17 in record time by implementing an IFRS 17 subledger based on a full set of design decision, business requirements and test data on best practices collected from the most advanced IFRS 17 projects. In this webinar we talk about some of the challenges associated with IFRS 17 projects and how we solved them for you in the ifb Packaged Solution for IFRS 17 Accounting.

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Packaged Solution for Accounting Data Preparation:
How to enrich actuarial data for IFRS 17? | Markus Teusner

ifb Packaged Solution for Accounting Data Preparation allows to enrich actuarial data for IFRS 17 Accounting with FPSL. Therefore a easy customizable and extendable content in SAP Profitability and Performance Management will be provided, which is integrated with FPSL and already covers the common challenges. The webinar gives an overview over the challenges posed by FPSL’s actuarial data requirements and how the Packaged Solution can bridge common existing gaps between the available and required actuarial data.

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Modern Accounting – Banking

ifb Packaged Solution for S/4HANA Finance:
Rapid Deployment with Banking and Insurance specifics | Wolfgang Nett, Marc Grosspietsch, Corine Veenema

ifb Packaged Solution for S/4HANA Finance is a predefined and scalable solution for ERP transformation to SAP S/4HANA. It is best practice based on numerous projects in the financial services industry. It will speed up the S/4 go-live because of its prebuilt content and will make a transformation more predictable from a cost and timeline point of view. The Packaged Solution is based on real project experiences and our ifb banking expert know-how.

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Packaged Solution for Flexible Financial Instruments Accounting:
How to go live efficiently with a financial products subledger? | Frank Soekeland

FPSL is a comprehensive accounting application to create journal entries for financial instruments on single contract level. ifb´s packaged solution adds best practice content and delivery templates to accelerate and safeguard each implementation journey. We will walk you through a model implementation and how it is supported by our templates.

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Packaged Solution for Financial Consolidation: Banking specifics included! | Andreas Fuchs, Klaas van de Geest
With this Packaged Solution for Financial Consolidation, ifb delivers the promise of a truly integrated financial accounting, consolidation and reporting solution, powered by S/4HANA Group Reporting. This webinar will include a demo of the latest functionality and the unique Chart of Accounts banking content and integration.

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