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Cincom Cuts Zagreb Insurance Report Production Time From 2 Days to 45 Minutes Zagreb Insurance Expects 120% Return on Investment (ROI), Increased Profitability From Cincom Solution
ZAGREB, CROATIA, Oct 10, 2005 -- Cincom Systems and Zagreb Insurance (Osiguranje Zagreb) announce the successful first-stage installation of an integrated data access and analytics program, part of a complete Cincom Sales and Marketing Intelligent Business Application Solution.
Though only in the first phase of a multi-phase implementation, Zagreb Insurance has already:
- Saved 20% of valuable actuarial time for high-value activities.
- Cut report production time from two days to 45 minutes -- at the desktop.
When the Cincom Solution is fully implemented, Zagreb Insurance expects:
- To save 1,250 man-hours per year in its IT department.
- A 120% return on investment (ROI) within 24 months.
"Now we can save time with precise targeting. We've already started to improve our sales and marketing decisions," said Dubravka Zoricic, CEO, Zagreb Insurance.
"Cincom's Solution is totally user-friendly and nice to work with," said Marco Haramija, Zagreb Insurance actuary. Haramija was recently required to produce a report comparing first-quarter sales with that of the previous year. In the past, this would have been a two-day job; now, the work is reduced to 45 minutes.
Simplification Though Innovation
Working together, Cincom and Zagreb Insurance have created a dedicated analytical solution to automate data analysis and collection, which is the heart of Zagreb Insurance's day-to-day business operations. Prior to the Cincom Solution, static reports were produced by the company's IT department, an expensive and time-consuming process.
About Zagreb Insurance
Zagreb Insurance (Osiguranje Zagreb), established in 1991 as the first private insurance company in Croatia, is one of Croatia's top five insurance companies providing both life and general insurance. The company has branch offices throughout the country and uses the services of independent agencies and agents.
About Cincom
For nearly 40 years, Cincom's software and services have helped thousands of clients worldwide simplify the management of complex business processes. Cincom specializes in the five areas of business where simplification brings the greatest value to managers who want to grow revenue, control costs, minimize risk, and achieve rapid ROI better than their competitors.
Cincom serves thousands of clients on six continents including BMW, Citibank, Boeing, Northwestern Mutual, Federal Express, Ericsson, Penn State University, Messier-Dowty, Siemens, Rockwell Automation, and Trane.
For more information about Cincom's Financial Solutions, call our UK office at 44+ (0) 1590 676138.
CINCOM and The World's Most Experienced Software Company are registered trademarks of Cincom Systems, Inc. All other trademarks belong to their respective companies.
© 2005 Cincom Systems, Inc. All Rights Reserved
Contact:
Oscar Gonzalez Marketing Manager Cincom Financial Solutions Cincom Systems, Inc. 44 1590.676138
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