Case Study: If Latvia consolidates financial reporting with HansaWorld Enterprise

If Latvia - Customer Case Study

If Latvia, a Latvian insurance company and part of the Northern Europe “If” group, needed a flexible financial system that could connect with external insurance sales software and consolidate data from several separate systems. To meet this challenge, the company chose HansaWorld’s Enterprise ERP system to support financial management and reporting across its five support centers.

With HansaWorld Enterprise, If Latvia centralized all sales, purchase, payment, and financial information for reporting and control, while using export/import tools to work with external systems and spreadsheets. The solution improved reporting speed and flexibility, strengthened cost and credit control through structured objects and payment monitoring, and supported the company’s growing reporting demands as turnover reached 6 million Euros in 2002.

If Latvia

Kristine Orlova

Chief Accountant