Case Study: Global Insurance Company centralizes billing and reduces month-end cycle time with Broadridge Revport

A global insurance company centralizes billing to simplify financial operations and retire legacy tools

Global Insurance Company, a global insurer with asset management expertise, needed to modernize and centralize billing across regions after relying on disparate legacy tools, manual processes, and Excel-based controls that could not handle its complex fee structures, transfer pricing, and multiple business lines. To address this, the company turned to Broadridge and its Revport revenue and expense management solution.

Broadridge implemented a hosted, end-to-end billing platform that automated revenue and expense calculations, supported more than 50 fee types, and consolidated billing and rebate processes across the enterprise. The result was greater accuracy, stronger controls, improved visibility into global revenue, and a three-day reduction in the month-end business cycle, enabling the firm to close on business day one.