Fintech InsurTech News

Majesco Taps NetSuite to Modernize Operations as It Powers the Future of Insurance

Majesco Taps NetSuite to Modernize Operations as It Powers the Future of Insurance

Leading cloud software company for insurance companies increases scalability and operational efficiencies with NetSuite

Majesco, a global leader of cloud insurance software solutions for insurance business transformation, announced that it has implemented Oracle NetSuite to help transform its core business operations and better serve its customers and internal departments. With NetSuite, Majesco will be able to streamline its day-to-day operations, improve decision making and enhance its overall employee experience.

Read More: Equifax Launches Innovative New Solutions for Credit Monitoring and Identity Theft Protection

“We’re thrilled about the modern capabilities NetSuite will provide to our entire organization. Having one unified cloud-based platform will improve business operations across our sales, finance, procurement, product delivery, and support organizations,” noted Adam Elster, CEO of Majesco. “We selected NetSuite as it enables us to standardize operations, enhance business insights and serve our customers more efficiently.”

Majesco is partnering with the insurance industry to create a future that is agile, nimble and, fast. Its cloud-based solutions modernize and transform P&C and L&A and Group insurance businesses to better meet the demands of their next generation customers. To support its continued growth, Majesco plans to use NetSuite to increase transparency and efficiency across its core business operations. Majesco plans to leverage the order management, project management, resource management, project accounting, timesheet management, procurement, billing management, and reporting capabilities within NetSuite.

Read More: GlobalFintechSeries Interview with Curtis Webb, Vice President, Product Management – Emerging Payments at Meta Financial Group and MetaBank

In addition, NetSuite will provide Majesco with the visibility, control and agility required to support its growth and help its customers capture new market opportunities. For example, NetSuite will enable Majesco to unify information across its business, increase automation, and enhance efficiency and accountability. As a result, Majesco is perfectly positioned to continue leading the charge for a new era of insurance.

“Like many of our customers, Majesco is leading the way forward in its industry, being the first to provide cloud-based products to change the way it conducts business and better serve a market,” said Sam Levy, SVP of Sales, Oracle NetSuite. “By implementing NetSuite, Majesco will be able to react quickly to new business opportunities, while continuing to offer leading services to its customers.”

Read More: GlobalFintechSeries Interview with Chuck Klein, Chief Executive Officer & Founder at IMM

Related posts

BitGo Supports INX With Hot Wallets and Liquidity Solutions

Fintech News Desk

SafeButler and Liberty Mutual Partner to Offer Instant Renters Insurance

Fintech News Desk

Amendaex Cold/Hot Wallet offers Complete Protection for Customer Digital Assets

Fintech News Desk
1