Banking, Financial Services and Insurance

Ping An – ERP System

Background

Founded in 1988, Ping An Insurance has a number of subsidiaries that mainly deal with insurance, banking and financial services. Ping An Insurance is one of the top 50 companies in the Shanghai Stock Exchange and is the world's most valuable insurance brand worth USD 16 billon.

Ping An has operations across People's Republic of China, Hong Kong and Macau. Ping An has branches or representative agents in 150 countries.

Challenges

Ping An Insurance hired PCCW Solutions to implement a new ERP (Enterprise Resource Planning) financial system to improve operational efficiency and achieve ERP standardization throughout mainland China.

Solutions

PCCW Solutions managed the entire project to implement an ERP system that supported various business areas to more than 1,000 offices/ companies in the country with more than 2,000 users. This covered general ledger, fixed assets, management reporting, workflow, data migration and conversation, integration and backend systems.

Value created

PCCW Solutions managed all processes of the project and reduced operational work for Ping An. In addition, our experienced consulting team conducted training and transferred knowledge during the project implementation to improve the operation efficiency.