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RAC Insurance Software Purchases and Digital Transformation Initiatives

Last updated on 2021-11-24 09:22:21

Discover the latest software purchases and digital transformation initiatives being undertaken by RAC Insurance and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1400 RAC Insurance employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.

During our research, we have identified that RAC Insurance has purchased the following applications: Microsoft Azure Monitor for Application Performance Management in 2021, DocuSign eSignature for Digital Signing in 2021, jsDelivr CDN for Content Delivery Network in 2021 and the related IT decision-makers and key stakeholders.

Our database provides customer insight and contextual information on which enterprise applications and software systems RAC Insurance is running and its propensity to invest more and deepen its relationship with Microsoft , DocuSign , jsDelivr or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

We have been analyzing RAC Insurance revenues, which have grown to $930.0 millions in 2019, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for RAC Insurance intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.

About the Customer

RAC has been a part of the West Australian community since 1905. They are a unique organization, built by members for members. RAC is different because it is a mutual organization, which means they can give back their profits for the benefit of their members and the WA community for the better.

Scope and Challenges

RAC Insurance saw an opportunity to modernize its financial planning and analytics processes by replacing its manual, spreadsheet-based approach with a more integrated, automated platform.

RAC Insurance chooses IBM® Planning Analytics on Cloud to build a comprehensive financial performance management platform in six months.

Outcome and Implications

For many years back, RAC Insurance’s main budgeting and forecasting processes had depended on a complex process involving more than a hundred linked spreadsheets and they need improvement in financial planning and analytics.

Using IBM® Planning Analytics, RAC Insurance extends insight to a wider audience, improving accountability and decision-making, 20% estimated increase in productivity by reducing budgeting work for the finance team, also accelerates reporting and unlocks new scenario planning and stress testing capabilities.

Quotes

“IBM Planning Analytics on Cloud helps us build flexible plans for both the immediate and the longer-term future, and to prepare for any contingency.” – said Alex Houvardas, Chief Financial Officer at RAC Insurance.

“We wanted to reduce the amount of time and effort our actuarial team spent on budgeting and forecasting, while also making the process more transparent so that the rest of the business could participate,” – said Houvardas. “If we could automate parts of the process, we would be able to unlock much more powerful capabilities, such as rolling forecasts, scenario modeling, stress-testing, and predictive modeling.”


832 Wellington Street
West Perth, 6005 , WA
Australia
61 1 31703
https://www.rac.com.au/
Industry Employees Revenue
Professional Services 1400 $930.0M

Enterprise Software and Cloud Applications being used by RAC Insurance


Vendor Old Product New Product Category Market Users VAR/SI When Live
IBM Legacy Applications IBM Cognos Business Intelligence Analytics and BI Analytics and BI n/a Cornerstone 2013 2013
Subscribe Subscribe Subscribe Chatbots and Conversational AI Artificial Intelligence Subscribe Subscribe 2011 2011
Subscribe Subscribe Subscribe Collaboration Collaboration Subscribe Subscribe 2020 2020
Subscribe Subscribe Subscribe Digital Signing Content Management Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Content Management Content Management Subscribe Subscribe 2016 2016
Subscribe Subscribe Subscribe Customer Experience CRM Subscribe Subscribe 2020 2020
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2020 2020
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe Customer Experience CRM Subscribe Subscribe 2016 2016
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe Marketing Analytics CRM Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2013 2013
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Marketing Analytics CRM Subscribe Subscribe 2013 2013
Subscribe Subscribe Subscribe Customer Experience CRM Subscribe Subscribe 2019 2019
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe EPM EPM Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe Financial Consolidation and Close ERP Financial Management Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe ERP Financial ERP Financial Management Subscribe Subscribe 2020 2020
Subscribe Subscribe Subscribe Applicant Tracking System HCM Subscribe Subscribe 2011 2011
Subscribe Subscribe Subscribe Payroll HCM Subscribe Subscribe 2016 2016
Subscribe Subscribe Subscribe Application Hosting and Computing Services IaaS Subscribe Subscribe 2019 2019
Subscribe Subscribe Subscribe Secure Email Gateways (SEGs) IaaS Subscribe Subscribe 2016 2016
Subscribe Subscribe Subscribe Content Delivery Network IaaS Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe IT Service Management ITSM Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe Application Performance Management ITSM Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Incident Management ITSM Subscribe Subscribe 2021 2021
Vendor Old Product New Product Category Market Users VAR/SI When Live
IBM Legacy Applications IBM Cognos Business Intelligence Analytics and BI Analytics and BI n/a Cornerstone 2013 2013
Subscribe Subscribe Subscribe Collaboration Collaboration Subscribe Subscribe 2020 2020
Subscribe Subscribe Subscribe Digital Signing Content Management Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Content Management Content Management Subscribe Subscribe 2016 2016
Subscribe Subscribe Subscribe Customer Experience CRM Subscribe Subscribe 2020 2020
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2020 2020
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe Customer Experience CRM Subscribe Subscribe 2016 2016
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe Marketing Analytics CRM Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2013 2013
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Marketing Analytics CRM Subscribe Subscribe 2013 2013
Subscribe Subscribe Subscribe Customer Experience CRM Subscribe Subscribe 2019 2019
Subscribe Subscribe Subscribe Marketing Automation CRM Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe EPM EPM Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe Financial Consolidation and Close ERP Financial Management Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe ERP Financial ERP Financial Management Subscribe Subscribe 2020 2020
Subscribe Subscribe Subscribe Applicant Tracking System HCM Subscribe Subscribe 2011 2011
Subscribe Subscribe Subscribe Payroll HCM Subscribe Subscribe 2016 2016
Subscribe Subscribe Subscribe IT Service Management ITSM Subscribe Subscribe 2018 2018
Subscribe Subscribe Subscribe Application Performance Management ITSM Subscribe Subscribe 2021 2021
Subscribe Subscribe Subscribe Incident Management ITSM Subscribe Subscribe 2021 2021
Vendor Old Product New Product Category Market Users VAR/SI When Live
Vendor Old Product New Product Category Market Users VAR/SI When Live
LivePerson Legacy Applications LivePerson Conversational Cloud Chatbots and Conversational AI Artificial Intelligence n/a n/a 2011 2011

IT Decision Makers and Key Stakeholders at RAC Insurance


First Name Last Name Title Email Phone
Subscribe Subscribe CFO Subscribe Subscribe
Subscribe Subscribe Group Chief Financial Officer Subscribe Subscribe
Subscribe Subscribe Chief Information Officer Subscribe Subscribe
Subscribe Subscribe Manager Talent Acquisition & HR Projects Subscribe Subscribe
Subscribe Subscribe General Manager Human Resources Subscribe Subscribe
Subscribe Subscribe Group Executive and Director Subscribe Subscribe
Subscribe Subscribe Human Resources Professional Subscribe Subscribe
Subscribe Subscribe Deputy Group Chief Financial Officer Subscribe Subscribe
Subscribe Subscribe General Manager HR (Insurance) Subscribe Subscribe