PRO Financial Solutions
What is PRO Financial?
PRO Financial solutions are insurance-specific client/server applications designed to address the unique requirements of insurance financial accounting and reporting.
- Used by more than 100 insurance companies, ranging in size from start-ups to over $4 billion in direct written premium
- Support Microsoft SQL Server and Oracle databases
- Compatible with industry-standard report writers
What does PRO Financial do?
The PRO General Ledger empowers you to manage, track and process transactions for global organizations and provides instant access to accurate financial information. This powerful solution enables you to manage financial data for an unlimited number of companies and currencies. PRO GL provides the data for internal management reports as well as SEC and other regulatory reporting information.
Built-in Productivity Features
- Razor-sharp profitability reporting
- Supports multiple accounting bases
- Multiple element, user-defined account key supports sophisticated enterprise reporting and analysis
- High-speed, high-volume transaction processing
- Drill down and drill across to detail
- Multiple currencies
- Flexible, rules-driven allocations
- Automatic inter-company processing
- Interfaces with external systems, in addition to StoneRiver financial and compliance solutions
PRO Accounts Payable system helps improve payables management and establish a broad range of business rules governing cash management, expense control and vendor management. It provides a high level of flexibility in managing and tracking vendors, invoices and cash disbursements. A wide array of other business rules, significantly increase productivity as well as control.
- Streamlines data entry
- Supports multiple remit-to vendors
- Checks for duplicate invoices
- Supports GL account distribution rules
- Accepts feeds for claim and policy related payments
- Automatic feed to the General Ledger
- Accumulates 1099 information automatically
What benefit will PRO Financial systems provide?
These high performance financial applications are ideal for today’s tighter regulatory environment—one that demands more transparency, faster reporting, and stronger security.
Register today for a live, web-based overview of PRO Financial system. Or, contact a StoneRiver representative for additional information.
