Finance

ProfitCube^® empowers functional teams to reconcile, analyze, report, forecast, and budget more accurately.

Benefits

• Leverage a large pre-packaged library of financial measures, dimensions, and reports
• Detailed and very multi-dimensional Profit and Loss analysis
• More timely and accurate financial reporting
• More closely monitor production and profitability to budget
• Closely monitor MGAs, TPAs, reinsurers, brokers, agents, medical providers, etc.
• Verify the root cause for any changes to summary numbers
• Comprehensive business segment and large account, broker, or agent reviews
• Improve accuracy and frequency of financial forecasts
• Improve compliance, reconciliation, data governance, and data quality

Features/Highlights

• A large pre-packaged library of financial measures, dimensions and reports
• Access to the detail behind the summary
• Many complex time dimensions and functions optimized for insurance
• Production reporting with comparison to budget and flexibly created time intervals
• Reconciliation across submission, pricing/quoting, registration, and claim systems
• Registered, priced, submitted, quoted, incurred and budgeted counts and amounts
• Full transaction lifecycle view
• Gross, ceded, net, paid, reserved, and incurred losses and loss ratios
• All premium components, surcharges, assessments, and non-premium based charges