Insurance Success Story

Budget and General Ledger Implementation for Large Insurance Company

Business Situation

• The client is one of the largest multi-line insurance companies in the nation, with over fifteen billion dollars in revenue
• As an insurer with a wide range of products and billions in revenue, the client requires financial software that is flexible, yet allows for centralized reporting. The client also needed a system that is year 2000 compliant
• As a PeopleSoft implementation partner, The Revere Group provided experienced functional and technical expertise in PeopleSoft 

Key Issues

• The client sought to customize its PeopleSoft application to meet the unique challenges presented by its size and scope. For example, the client utilizes four thousand plus cost centers and two hundred plus business units

Outcomes

• The Revere Group assisted in tuning the PeopleSoft Oracle database on HP UNIX, and implemented the first production of PeopleSoft Budget system
• Revere also produced custom time capture/billing system, customized PeopleSoft data model, and implemented Netscape report distribution system
• Our expertise also allowed us to implement a data warehouse using PeopleSoft journal lines as a source, which contains over 200 million rows of data and is still growing
• We produced a customized PeopleSoft application to fit the client’s unique needs in a short time frame