Digital customer engagement for the financial services industry

The Financial Services Accelerator (FSA) is a tailor-made omni-channel solution for insurers and other financial service providers such as retail banks. The FSA empowers financial institutions to accelerate their digital transformation and compete in the omni-channel world. It provides a streamlined, continuous and personalized customer experience while meeting the unique needs of the insurance and financial services industry.

Three Pillars

The Three Pillars are essential to provide a consistent omni-channel journey. Product management brings agility to customer offerings that are independent of the main product houses. The customer experience offers flexible and refined customization. Industry-relevant processes allow for fast time to market. The pillars lie at the top of the proven financial services data model and the base of the SAP Commerce Cloud platform for all industries.

The Financial Services Accelerator includes pre-configured reference integration and website templates for the banking and insurance industry. Customers are guided at every step of the quotation process, during which they can choose between multiple products and users, and can enter all relevant data through custom forms that adapt based on their responses.

Benefits

sap commerce cloud quote

Quotation and New Business Process

sap commerce cloud product bundle

Product Packages

sap commerce cloud content management

Content management system

Flexible and customizable quotation and new business process with predefined integration points for policy classification and administration mechanisms.

Flexible and intuitive assembly of Product Packages for cross-selling physical goods or services with insurance products and banking services.

Ccollection of insurance-specific Web Content Management System (WCMS) components (e.g., product comparison, location agent, my policies) enabled for SmartEdit.

sap commerce cloud self service

Self-service area

sap commerce cloud configurable forms

Configurable Forms

sap commerce cloud personal data management

Management of personal data and consent

Self-service area for specific insurance clients to view and resume quotes created, consult policies, as well as view claims and premiums. Bank-specific customer self-service area to view and resume applications and account queries.

Integration with a friendly editor for product-specific or general forms that support validation rules, as well as interdependent and dynamic fields.

Support for General Data Protection Regulation (GDPR) with consent management, as well as personal data loss, change recording and reporting.

Benefits

sap commerce cloud quote

Quotation and New Business Process

Flexible and customizable quotation and new business process with predefined integration points for policy classification and administration mechanisms.

sap commerce cloud product bundle

Product Packages

Flexible and intuitive assembly of Product Packages for cross-selling physical goods or services with insurance products and banking services.

sap commerce cloud content management

Content management system

Ccollection of insurance-specific Web Content Management System (WCMS) components (e.g., product comparison, location agent, my policies) enabled for SmartEdit.

sap commerce cloud self service

Self-service area

Self-service area for specific insurance clients to view and resume quotes created, consult policies, as well as view claims and premiums. Bank-specific customer self-service area to view and resume applications and account queries.

sap commerce cloud configurable forms

Configurable Forms

Integration with a friendly editor for product-specific or general forms that support validation rules, as well as interdependent and dynamic fields.

sap commerce cloud personal data management

Management of personal data and consent

Support for General Data Protection Regulation (GDPR) with consent management, as well as personal data loss, change recording and reporting.

Need more information?

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