Our clients inspire us. See how they have put our solutions to work in their organizations.
Aptitude Software's specialist finance solutions are relied upon by some of the world's largest companies to keep operations running smoothly and profitably. Below, we've presented some real-world examples that help explain the problems we are solving for our clients and the results we are delivering.
A rapidly growing Asian insurer needed to comply with IFRS 17 and
IFRS 9 using a solution that their finance and actuarial teams could
understand and own. The solution also had to support their finance
transformation efforts by delivering a group subledger and supporting
an upgraded general ledger and a new actuarial system.
With a business that had grown and evolved faster than the finance IT architecture, the organization was struggling to streamline the policy valuation process and support complex accounting and reporting requirements. Aptitude Software was chosen to support the organization’s need for a calculation engine and a centralized accounting hub in direct competition with one of the world’s largest technology providers.
A flexible, high-performance solution combining the Aptitude Accounting Hub and the Aptitude Revenue Recognition Engine will allow them to support complex accounting, business innovation and compliance with the revenue recognition standard (IFRS 15 / ASC 606).
With just six months to go before the IFRS 16 reporting deadline, ISS had an extremely tight timeline to select and implement a lease accounting solution. In addition to having to support over 20,000 leases – the solution also had to support many different lease types, dozens of currencies, over 150 entities and hundreds of users.
For the Bank’s head of Finance Business Architecture, the question was, “how do we transform systems to enhance accounting functionality while reducing costs?” Aptitude Software answered with a flexible, scalable set of solutions to standardize accounting policy, increase financial control & transparency and support a move towards a cloud General Ledger.
