Phinsys Postbox

Postbox

Phinsys Postbox Product

POSTBOX supports the configuration and processing of accounting journal entries to avoid errors and remove risk from key financial procedures. Using the configurable web front end, this highly flexible accounting engine connects and posts to any general ledger (GL) system. The automated reconciliation tool ensures your books and records are fully aligned against multiple source systems.

As insurers develop and expand their operations, it is increasingly important that they can integrate new businesses into their finance systems seamlessly and efficiently. Often integration will be required to one or more GL packages, for local and corporate reporting.

Full Data LineageSource data from other Phinsys modules or from your own systems in a straightforward process that provides full data lineage between the GL and source systems.

Ledger AgnosticProvide finance users with the ability to configure target structures and journals to interface with all GL systems through our web-based front end.

Audit and ControlEnsure journals are successfully posted to the GL and reconciled against source data, providing a key control to finance users and auditors, identifying issues immediately.

Global CapabilityFully support different time zones and multiple ledgers through a configurable posting engine to determine what gets posted and when it is processed.