List of Novac STATIM Finance and Accounting Customers
Chennai, 600018,
India
Since 2010, our global team of researchers has been studying Novac STATIM Finance and Accounting customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Novac STATIM Finance and Accounting for Insurance ERP from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Novac STATIM Finance and Accounting for Insurance ERP include: Shriram General Insurance, a India based Insurance organisation with 5000 employees and revenues of $500.0 million and many others.
Contact us if you need a completed and verified list of companies using Novac STATIM Finance and Accounting, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The Novac STATIM Finance and Accounting customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Shriram General Insurance | Insurance | 5000 | $500M | India | Novac Technology Solutions | Novac STATIM Finance and Accounting | Insurance ERP | 2023 | n/a |
In 2023 Shriram General Insurance implemented Novac STATIM Finance and Accounting as its Insurance ERP. The deployment was executed through a strategic tie up with Novac Technology Solutions, a combined Fintech and InsurTech provider that supports the Shriram Group’s four major financial companies including Commercial Vehicle Financing, retail financing, Life and General Insurance. The implementation prioritized automation of core business workflows, specifically Policy Generation, Claims Management and Customer Support systems, and was advanced to move these capabilities onto online digital platforms as the pandemic began.
Novac STATIM Finance and Accounting was configured to centralize finance and accounting ledgers while exposing interfaces to policy administration and claims processing workflows, enabling end to end financial posting and reconciliation across insurance products. Functional capabilities implemented include the finance and accounting core, integration points for policy generation, claims processing orchestration and customer support workflow automation, with digital document handling to support paperless operations.
Integrations tied the Insurance ERP into existing policy generation engines, claims management systems and customer support platforms to consolidate transactional data across departments. Operational coverage included enterprise finance, policy administration, claims operations and customer service within Shriram General Insurance, and Novac Technology Solutions provided ongoing IT support across the Shriram Group to maintain consistency in fintech and insurtech platform operations.
Governance emphasized standardized, digital first workflows and phased rollout to accelerate online channel readiness during the pandemic. The program produced paperless office operations through platform adoption, and alignment with Novac Technology Solutions established a support model for continued operational stability across the group.
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