Case Study: Health Insurance Company achieves 60% faster year-end close with Velosio and Microsoft Dynamics 365 Finance

Health Insurance Brokerage Achieves 60% Faster Year-End Close

Health Insurance Company, a rapidly growing health insurance brokerage, was struggling with an outdated Microsoft Dynamics GP system that relied on multiple logins, manual workarounds, disconnected tools, and third-party add-ons. The result was inefficient operations, data inaccuracies, limited visibility, and a lack of scalability to support continued growth. Velosio stepped in to replace the legacy setup with a more robust Microsoft-based finance platform.

Velosio implemented Microsoft Dynamics 365 Finance, integrated with its AXIO framework, along with Microsoft Power BI to streamline processes and improve reporting. The new solution cut year-end close time by 60%—from 20 hours to 8 hours—while reducing reliance on third-party solutions by 75%. Health Insurance Company also reported a better user experience, smoother multi-entity management, and stronger drill-down and document attachment capabilities.