Use of Internet Explorer 6/7/8

You are using an old version of the Internet Explorer that is no longer supported. Please use a newer browser version. If you are missing the rights to do so, you can also enhance your Internet Explorer by installing the add-on called Google Chrome Frame. The extension allows you to display web pages that are no longer support by Internet Explorer. You can download the add-on here.

~ 650 employees,
> 350 customers,
16 locations worldwide

Implementation of SAP Financials

Gothaer Versicherung

Redesign & harmonization of a group-wide accounting

The overall objective was to redesign the accounting process, harmonize processes and accounting objects in order to improve data quality and transparency and to reduce the time needed for the closing.

The project focused on the following:

  • Blueprint and implementation of standardized accounting processes across the group based on HGB and IFRS
  • Creation and implementation of a standardized chart of accounts
  • Set up of job scheduling and a central interface processor
  • Mapping of insurance related accounting (calculation and posting of reserves etc.) and insurance related reporting
  • Integration of all (approximately 80) related systems using a centralized interface processor
  • Migration from various legacy systems: financial accounting data (balances, open items, individual items), insurance processes, controlling, asset accounting, materials management and consolidation