An Accounting Problem The annuities segment was faced with an account statement problem. The current accounting administration would be obsolete in a few years and our backup customers are currently experiencing choice issues when problems arise and support for this clay is required. Since financial reporting is a complex process, convoluted follow up was required to resolve this problem. The rente technology group, along with the annuity business group came up with three possible firmnesss and conducted a high level requirements contraction and a cost gain ground comp culmination to determine which result to implement.
The solutions analyzed were, do cryptograph and stay on the veridical accounting administration, go with a new accounting system designed and built by our Life Insurance partners, or build our own accounting engine. The requirements and cost benefit analysis took several months to complete and a final decision would non be made until 18 months after the initiation of this project. The terminate result ...If you want to pose a full essay, hit the books it on our website:
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