Oracle Revenue Management and Billing (ORMB)

Oracle Revenue Management and Billing (ORMB)

Oracle Revenue Management and Billing (ORMB) Helping insurers adopt dynamic, customer-centric pricing strategies Insurance companies can no longer follow a one-size-fits-all pricing for its customers. In order to survive and grow exponentially, ORMB helps insurers...
Supplier Invoice to Payments Flow

Supplier Invoice to Payments Flow

Optimising the Supplier Invoice to Payments Flow An effective invoice clearance process is key to on-time order completion and delivery. Oracle Fusion Payables Cloud Service offers an integrated solution that will help you track and coordinate supplier invoices across...
The importance of CSM calculation in the IFRS 17

The importance of CSM calculation in the IFRS 17

The importance of CSM calculation in IFRS 17 Is Contractual Service Margin (CSM) applicable to all the insurance contracts or only to those which are profitable in nature? How does it affect onerous contracts? And most importantly, what is its impact on an insurer’s...