Qintesi Business Card on Data Manager – November 2021

 
 
Qintesi Team has gained recognized specialist skills in all SAP application solutions to support the consolidation process.

We provide our customers with solutions that meet the needs of Fast Group Closing and Consolidation according to different accounting principles and in compliance with specific regulatory requirements of the insurance sector.

We have developed a QI Template for the consolidation process in the insurance sector that allows us to deal with projects in insurance Groups of all sizes and complexities, and to implement effective solutions for managing, with time and cost savings, all the relevant phases of the consolidation process:

• Configuration of the organizational structures, the Group Accounts Plan and the relevant consolidation size (Legal Entity, Non-Life / Life Management, etc.);
• Management of the process of acquisition of the “reporting package” by the Group companies, with functionality of: data normalization, management of correction and / or integrations for the adjustment of the values to different accounting standards or different classification requirements;
• Monitor to control data acquisition or reading in “real time” and validation of data quality;
• Fully automatic management of consolidation operations, with the possibility of making additions and manual adjustments in the various steps;
• Preparation of the Consolidated Financial Statements and related statements in compliance with the specific requirements of the insurance sector with Disclosure Management solutions;

 
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Scope and Skills

In a context in which awareness that the analysis of Big Data is a fundamental tool for the development and growth of its business volume continues to spread, an increasing number of organizations decide to direct new investments that go, based on the level of maturity reached, from the implementation of an architecture capable of managing the data to be analysed, to experimentations of analysis models of increasing complexity, and even to the change of processes in a data-driven perspective.

In this scenario, it is essential to be able to offer fast-to-create solutions, with contained costs and able to grow and adapt to the continuous evolution of the analysis requirements.

A Cloud data platform, such as the one offered by Google, is definitely the best way to achieve these goals.
Based on the Clients’ needs, we design and build application architectures by selecting the most suitable components and services, among those available on the Google Cloud Platform, integrating them, if necessary, with Open Source code and components.

In order to combine speed of execution and high quality, even in the face of frequently evolving requests, in our projects we prefer an Agile approach, using DevOps tools such as the automation of infrastructure activities (IaC), of tests and releases (CI/CD). Thanks to the Data Vault modeling technology, the data model is also designed so that it can easily incorporate integrations of new data sources and/or the management of new information within already integrated data sources.

Our skills

• Design and implementation of traditional data warehouse, data lake and hybrid data infrastructures that integrate both (“Hybrid Data Warehouse”)
• Cloud migration of on-premise data warehouse
• Design and implementation of high-performance data models for managing large and constantly evolving data volumes, coming from structured and unstructured sources (alternating denormalized data models such as multidimensional ones with hybrid data models such as data vaults)
• Design and implementation of ETL and/or ELT with integration processes with integration of heterogeneous data sources, management of “data quality” and “data profiling”
• Definition of integrated systems for the harmonization of data collected by sensors and other equipment (IoT)
• Consultancy in the optimization of costs and performance

Technology

• Cloud Storage
• Google BigQuery
• Google Bigtable
• Cloud SQL
• Cloud Dataflow
• Cloud Dataproc
• Cloud Pub/Sub
• Cloud Functions
• Cloud Composer
• Data Catalog
• Cloud Data Loss Prevention
• Cloud monitoring & logging
• Terraform
• GitHub
• Cloud Key Management
• Cloud Source Repository
• Cloud Build

DATA GOVERNANCE PROCESS DEFINITION

• Set up of data governance framework operating principles (requirements and principles, governance, KPIs and assessment tools)
• Data model analysis preparatory to the structuring of the data lineage (data elements, data glossary, data instances, data flow and IT application map)

SAP INFORMATION STEWARD IMPLEMENTATION

• Implementation of SAP Information Steward to support data discovery, data lineage and the management of issues deriving from data management in SAP and non-SAP applications.

SAP Business Technology Platform

The updating of skills, in line with SAP best practices and the implementation of numerous successful projects allows Qintesi to offer itself to the customer as a partner for the creation of innovative IT solutions on the SAP Business Technology Platform. In particular::

• Digital Transformation Solutions through the development of Cloud applications based on SAP UI5 technology organized in “Portal Sites”;
• Intelligent Enterprise solutions through the integration and processing of information from “on premise” or “cloud” systems, and the analysis of the same by “cloud analytics” solutions;
• Customized solutions that “extend” the functionality of the “core” systems in a flexible and efficient way;
• Scalable services of RPA (Robotic Process Automation), BOT implementation, chatbots and workflow processes on the Cloud;
• Implementation of machine learning and artificial intelligence (AI) services.

SAP Italy has recognized our expertise in the use of SAP Business Technology Platform. This has led to a collaboration between SAP Italy and Qintesi in the development of solutions such as CDP (Customer Development Products) to meet the needs of Italian localization in the field of tax legislation.

GOOGLE Cloud Platform and Google Suite

An innovation team in Qintesi is dedicated to designing and creating prototypes and solutions integrating SAP application components with Google technological solutions:

• G-Suite and tools for individual productivity and collaboration;
• Big Query and other Big Data management solutions;
• Artificial intelligence and robotics solutions;

If you wish to know more please contact us

ACCOUNTING CLOSING PROCESS DEFINITION

• Analysis, evaluation and rationalization of accounting processes
• Implementation of accounting manuals and accounting procedures for the purpose of correct financial reporting
• Adjustment of the chart of accounts according to the accounting principles and according to the relevant legislation
• Review of processes with a view to fast closing
• Implementation of closing calendar with detailed definition of activities, times, roles and transactions processed
• Application analysis and data feeding the accounting model

SAP ADVANCED FINANCIAL CLOSING IMPLEMENTATION

• Implementation of SAP Advanced Financial Closing for the planning and “orchestrated” execution of accounting closing procedures

MODELING & GOVERNANCE DEFINITION

• Preparation of an articulated framework for the management of the Internal Control System on non-financial information (definition of the map of responsibilities, ESG KPIs, etc.)
• Definition of an Internal Control System on Non-Financial Financial Reporting in accordance with Legislative Decree No. 254/2016 and IVASS Regulation No. 38/2018
• Definition of the governance operating model (RACI) for the management of administrative risk related to the preparation of non-financial information

RISK & CONTROL ASSESSMENT

• Mapping of non-financial information generation processes
• Risk & control assessment to support the correct preparation of the non-financial reporting information
• Preparation of self-assessment management reporting to support Key Risk Owners
• Implementation of a remediation plan for the correct setting of the procedures to support the preparation of the integrated financial report (ESG dashboard for CFO management review)

SAP GOVERNANCE RISK & COMPLIANCE FOR INTERNAL CONTROL OVER NON-FINANCIAL STATEMENT

• SAP Signavio to support the mapping of the generation and reporting processes of ESG KPIs
• SAP GRC Process Control to support the following activities:
  • Risk & control assessment and production of the related reports (Risk Control Matrix)
  • Monitoring of the effective application of controls (operating effectiveness) and management of workflows used for the collection and archiving of control evidence (check evidence)
  • Digitized management of the management review on the internal control system (sign-off management)

Thanks to the experience gained in numerous implementation projects of the SAP Real Estate
Flexible solution for the management of the IFRS16 accounting standard, Qintesi has developed a
design and implementation approach that allows to:

• reduce project times by 30%
• contain implementation costs

The benefits of the Qintesi design approach, already obtained by many customers, are guaranteed
by:

• the strong consolidated experience on the module and on the topic
• the specific guidelines prepared by the Qintesi team for the definition of the analyzes
• the use of SAP best practices
• the use of assets and accelerators prepared by Qintesi for the various project phases

The high design standards implemented by Qintesi assure the achievement of the objectives with
certain times and costs and the complete functional coverage of the accounting principle.

 
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Our professionals have the functional and technical skills to analyze and understand business processes, with reference to the active cycle; collect business specifications, identifying suitable application solutions and technical implementation specifications to ensure an adequate solution.
We are able to develop innovative proposals for application solutions to support sales processes.
We carry out complete SAP implementations, from solution design to go-live, and post-go live support.

If you wish to know more please contact us

RISK & CONTROL ASSESSMENT

• Definition of an effective Internal Control System aimed at the preventive self-assessment of tax risk (Legislative Decree No. 128/2015)
• Process mapping, risk & control assessment according to an ERM logic
• Design of operational models for monitoring the effective application of the procedures

SAP TAX COMPLIANCE IMPLEMENTATION

• SAP Signavio to support process & document management activities
• SAP GRC Tax Compliance to support the correct management and assessment of the risk deriving from the tax transactions underlying the Tax control framework, thus ensuring active monitoring of the tax risk with respect to the processes and transactions managed within the administrative and accounting modules active in SAP.

Design and implementation of solutions and tools to automate and monitor the process of preparing the Institutional Disclosure, with particular reference to the Consolidated and Statutory Financial Statements, the Sustainability Report and sending the required documentation to the regulator. We guarantee a continuous service of adjustment of the financial statement disclosure in order to incorporate any needs for integration and modification of the impacted information prospectuses. In particular, our service is aimed at the release and maintenance over time of the SAP disclosure management solution to support the following activities: management and formatting of institutional reporting divided into annual and half-yearly financial statements (solo / group), preparation of the sustainability report (ESG) and integrated reports (Legislative Decree 254/2016), production of supervisory and statistical forms for the insurance balance sheet, Solvency II / Pillar III information and reporting (QRT, SFCR / RSR, XBRL reporting for EIOPA), report preparation annual financial report in xHTML format and management of the mandatory ESEF taxonomy (ESMA Regulation).

The skills in the implementation of SAP Business Planning & Consolidation and SAP Disclosure Management solutions have allowed us to develop a QI disclosure template aimed at managing the following activities:

• Assignment of responsibilities for the compilation of the chapters of the Dossier produced or of the individual prospectuses;
• Management of a standardized database, natively integrated and reconciled with the general accounting already structured with “macro-items” provided by the QI Template to feed the prospectuses;
• Acquisition of the “non-accounting” data necessary to complete the reports from other SAP and non-SAP systems;
• Automatic, synchronized and consistent “on demand” population of the prospectuses, with immediate evidence of changes compared to the previous “version”;
• Completion of the Dossier through manual insertion of textual elements;
• Management of the workflow for monitoring the progress of activities;
• Archiving of the produced file or of the single prospectuses at the end of the process;
• Automatic preparation of the data flows necessary to feed the databases of the Supervisory Authorities;
• Production of documentation in the manner prescribed by the regulator (e.g. electronic financial statements for ESEF regulations, XBRL for Solvency regulations)
• Data quality validations on the information sent to the regulator (both for the ESEF regulation and for the Solvency regulation)

MODELING & GOVERNANCE DEFINITION

• Preparation of guidelines for the implementation of a risk control framework at group / company / process level
• Definition of the operational governance model (RACI matrix) and management of administrative risk in compliance with Law 262/2005.

RISK & CONTROL ASSESSMENT

• Process mapping (BPMN © 2.0), risk & control assessment to support the correct preparation of financial statements (Local-GAAP, and IAS / IFRS and Solvency II)
• Design of operational models for monitoring the effective application of administrative and accounting procedures and related control points

SAP GOVERNANCE RISK & COMPLIANCE IMPLEMENTATION

• SAP Signavio to support process & document management activities
• SAP GRC Process Control to support the following activities:
  • Risk & control assessment and production of the related reports (Risk Control Matrix)
  • Monitoring of the effective application of controls (operating effectiveness) and management of workflows used for the collection and archiving of control evidence (check evidence)
  • Digitalized management of claims (sign-off management)

MODELING & OPERATIONAL DEFINITION

• Definition of organizational and management model (MOG) compliant with Legislative degree 231/2001.
• Detection of procedural operating manuals required by sector regulations
• Preparation of outsourcing policies and operating procedures
• Design of a monitoring model of the activities managed in outsourcing with respect to the contractual SLAs
• Creation of an internal control framework aimed at preventing the risk of fraud and / or transactions with related parties

RISK & CONTROL ASSESSMENT

• Assessment of risk-crime hypothesis at process level.
• Mapping of processes and assessment of controls on the basis of the process / crime matrix
• Definition of SOD Matrix (segregation of Duties).
• Redefinition of outsourcing contracts by evaluating activities and formulating gap analysis

SAP GOVERNANCE RISK & COMPLIANCE IMPLEMENTATION

• SAP Signavio to support process & document management activities
• SAP GRC – process control for the management of the framework linked to the Internal Control System in compliance with Legislative Decree 231/2001
• SAP GRC – access control and SAP Identity Access Governance (IAG) for access and profile management
• Implementation of SAP Business Integrity Screening for the detection of anomalous operations / transactions with related parties

DATA MODELING & GOVERNANCE DEFINITION

• Preparation of data protection framework compliant with General Data Protection Regulation (GDPR).
• Data governance and organization design (accountability).
• Definition of Policy (roles and responsibilities in data processing) and procedures (e.g. data breach, identity management, personal data deletion, informed consents, etc.)
• Preparation of a data protection register.

PRIVACY RISK & CONTROL ASSESSMENT

• Data Privacy Risk assessment (in compliance with ISO-IEC 29134 and 29151 standards)
• Execution of the Data Protection Impact Assessment (DPIA) aimed at identifying and documenting the technical and organizational measures suitable for supervising the correct processing of personal data
• Gap analysis and remediation plan definition

SAP SECURITY IMPLEMENTATION

• IT Systems Security Assessment according to SAP Security best practices.
• SAP enterprise threat detection (SAP ETD) for monitoring and deterring cyber threats on business applications
• SAP information lifecycle management (SAP ILM) for managing the data archiving and deletion process
• SAP Information Steward for cataloging, data discovery and data lineage of personal data present within the corporate IT architecture
• SAP GRC – access control and SAP Identity Access Governance (IAG) for access and profile management
• SAP Field Masking and SAP Test Data Scrambling (SAP TDMS) for the anonymization of personal data in production, test or pre-production environments
• SAP Code Vulnerability Analyzer (SAP CVA) for the identification of anomalies within the custom code implemented within the SAP systems present in the company architecture and definition of the appropriate remedial plans

The Qintesi Team has the experience and skills to implement the SAP RE-Fx solution to allow customers to optimize the management of real estate and owned and leased assets in Italy and abroad.

We have gained significant experience in the configuration of the specific SAP RE-Fx solution in compliance with the provisions of accounting standard IFRS 16.

With the SAP Cloud for Real Estate (C4RE) solution, the Qintesi team is able to guide the customer in the digitization of real estate management processes through the new cloud functionalities developed by SAP

Our professionals are able to design and implement effective solutions for our customers to centralize and automate the processes of:

• Management of assets, related contracts, including leasing and rental contracts (assets and liabilities) and related accounting entries;;
• Planning and control of the use of existing real estate assets and of asset development, through new real estate initiatives;
• Management of the “warehouse” properties;
• Management of the active invoicing of the rents, survey of the condominium expenses and the relative distribution;
• Planning and control of maintenance interventions, with a complete integration with the purchase processes of goods and services;
• Compliance with Italian (IRE, IMU, TASI, TARSU, etc …) and international regulatory and tax requirements;

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Service-oriented Architecture (SOA)

We have considerable experience in the design and implementation of architecture oriented to services of all complexity; We provide our Customers with solutions that meet all requirements in compliance with best practices regarding the management of authorizations and security protocols.

We configure and develop web services for:</p

• Performing insertion and modification transactions by automating the data transfer between two or more SAP and non-SAP systems;
• Making information and reports available on web portals or on other user interfaces;
• Storing prints and images related to SAP transactions on external document management systems;

SAP BTP Integration Suite

The SAP Business Technology Platform Integration Suite is the new frontier of integration between SAP and external applications. In addition to allowing both on-cloud and hybrid integration, it prepares a set of integration models that are easily adaptable to customer needs.

SAP Process Orchestration (SAP PO)

SAP Process Orchestration is the stable, secure and flexible SAP middleware; expertly configured by SAP certified Qintesi consultants, it provides a solution for the management of integration flows between two or more SAP and non-SAP systems.

Our team has the experience and the skills to ensure customers design and implementation of scenarios for integration of all complexity.

SAP Data Services

SAP Data services is an ETL tool that provides a single enterprise-wide solution for integrating, transforming, quality checking, profiling, and processing data from heterogeneous sources into a target database or data warehouse.
Our team has the experience and skills to ensure customers the installation, configuration, design and implementation of ETL scenarios of varying complexity.

SAP Application Interface Framework (SAP AIF)

We have gained significant experience in the implementation of SAP Application Interface Management, the latest SAP solution for managing interfaces in total security.

Qintesi Team is able to provide customers with a complete solution for:

• Monitoring of flows according to the ownership assigned to the single flow through a configurable monitor;
• Error handling through a workflow that allows assigning tasks to “business” users or IT support organizational units;

If you wish to know more please contact us

Credit Management

Qintesi’s experience in this sector allows the customer to standardize and automate processes and activities related to Credit Management, to set up standard tools to calculate credit limit, to quickly access rating information made available by specialized providers, and to require the newest credit information provided by external credit agencies, in order to adopt the best credit solutions and automate the monitoring of the credit risk of its customers.

Collections & Dispute Management

In order to ensure an automatic management of business practices procedures and improve dispute management, our experience in the SAP Collection & Dispute Management suite allows us to design a technical solution to support the customer’s commercial policies. We are able to standardize the tools to automate business operations based on best practices that have proven to work throughout organizations and markets, in order to reduce outstanding balances (DSO) and minimize the risk of non-payment.

Cash Application (SCP)

In order to optimize liquidity and working capital, our consultants support customers in implementing the new SAP Cash Application suite, improving the accuracy of the clearing process and reducing manual activities. Using SAP Leonardo Machine Learning capabilities, the SAP Cash Application software learns from accountants’ past manual actions, obtaining much richer detail of customer and country-specific behavior. In this way, manual activities are reduced for users who can instead focus on more sophisticated activities with high added value. Using SAP S/4HANA, information from the bank statement and customer open items are transmitted to the SAP Cloud Platform-based reconciliation engine, where they will be automatically matched or simply proposed to be matched.

Qintesi Unit Performance Management has the skills to support Customers in the design and implementation of Performance Management systems of any complexity, which are even able to elaborate a database in extreme detail.

Qintesi has developed an “Allocation Engine” on the SAP BPC application component, which supports the cost allocation process of final measuring targets. This tool is able to support Customers in the adoption of complex control models with the functionality of:

• Data collection from different “data source”;
• Management of allocation cycles sequences in real or simulated mode;
• Acquisition of drivers through a loading tool;
• Multidimensional reporting;

By configuring the SAP PaPM Profitability and Performance Management solution on SAP HANA technology, we are able to provide our customers with a tool that can:

• Collect data from different “data sources” managing the maximum level of detail available (single product, single contract, single point of sale, etc …) thanks to the SAP HANA technology;
• Harmonize and aggregate data according to specific needs in order to fill Analytics and Reporting systems;
• Develop allocation processes, with multidimensional information in order to have cost and profitability information on detailed measurement objects;
• Support simulations, what-if analysis and complex statistical and actuarial elaborations.

If you wish to know more please contact us

Qintesi consultants have gained significant experience in the design and implementation of planning systems using SAP solutions.

We have solid skills in the design of planning models and in the implementation of effective solutions to meet the needs of our customers in the management of Strategic Planning process and Budget and Forecast preparation.

We provide our Customers with solutions for the preparation of forecast financial statements and balance sheets capable of processing what-if scenarios and allocation processes of each complexity, using an updated database in “real time” thanks to the features available with recent versions of SAP BPC integrated natively with HANA, SAP S/4HANA e SAP Analytics Cloud.

We have implemented solutions for medium and long-term financial planning and for preparation of forecast cash flows and short-term forecast liquidity analyzes, through the “real time” integration of information relating to customer and supplier schedules and to other planned collection / payment transactions.

We are able to provide our customers with solutions and planning tools to support the procurement process by elaborating in “real time” the information available on the transactional systems SAP S/4 HANA.

Application solutions

• SAP BPC 7.5 (Microsoft / Netweaver)
• SAP BPC 10 (Microsoft / Netweaver)
• SAP BPC Standard
• SAP BPC 11
• SAP BPC Embedded
• SAP BPC Optimized
• SAP Analytics Cloud

If you wish to know more please contact us

Qintesi Team has gained recognized specialist expertise in all SAP application solutions that support the consolidation process.

We provide our customers with solutions that meet the needs of Fast Group Closing and Consolidation, according to different accounting principles and in compliance with industry-specific regulatory requirements.

We are able to deal with projects in Groups of all sizes and complexities, and to implement effective solutions for managing all the relevant phases of the consolidation process:

• Configuration of the organizational structures, the Group Accounts Plan and the relevant consolidation dimensions;
• Monitor to control data acquisition or reading in “real time” and validation of data quality;
• Fully automatic management of consolidation operations, with the possibility of making additions and manual adjustments in the various steps;
• Preparation of the Consolidated Financial Statements and related statements with Disclosure Management solutions;

Qintesi has developed “Fast Loading” approach and Tools to optimize data acquisition through an “on line” reading directly from SAP and non-SAP systems that allows:

• Transcodificare in “real time” i dati e normalizzarli rispetto al modello dati di Consolidamento;
• Calculate any differences in “Opening Balance” with respect to the values present in the transactional systems;
• Differentiate acquisition rules according to specific regulatory requirements;
• Validate the acquired data and guarantee the consistency of the flows;

Application solutions

• SAP SEM BCS
• SAP BPC 7.5 (Microsoft / Netweaver)
• SAP BPC 10 (Microsoft / Netweaver)
• SAP BPC 11
• SAP BPC Standard
• SAP BPC Embedded
• SAP Real Time Consolidation
• SAP Group Reporting

If you wish to know more please contact us

Our team of professionals has gained significant experience in creating solutions that provide customers with the ability to automate maintenance processes.

With the SAP Plant Maintenance solution, configured by Qintesi professionals, maintenance activities are more efficient thanks to the integrated management of the intervention planning and to the scheduling of material and workforce procurement.

With the SAP Cloud for Real Estate (C4RE) solution, the Qintesi team is able to guide the customer in the digitization of real estate management processes through the new cloud functionalities developed by SAP.

The Qintesi Innovation Teams have realized Digital Transformation projects for our Customers that consist of a complete digitalization of the maintenance process with Apps available both on “mobile” devices, developed with SAP UI5 technology, and on the SAP Cloud Platform. These Apps allow to :

• Manage the allocation of maintenance activities;
• Automate team training;
• Digitize the compilation of the forms related to the specific interventions;
• Finalize the activities;
• Manage the handling of consumables and spare parts efficiently and “on the move”.

If you wish to know more please contact us

Our professionals have the functional and technical skills to design and implement solutions that support purchasing processes in an efficient, effective and transparent way.

We are able to support our Customers in the implementation of approval workflows on “mobile” devices, in order to completely digitize the approval and release process of the various steps of the purchase process.

With the help of the Fiori App, we provide our customers with “dynamic” tools for managing procurement processes.

We have gained significant experience in the implementation of goods movement processes and inventory and warehouse management.

Thanks to the implementation of the SAP Material Ledger solution, we are able to provide our Customers with solutions for the evaluation of stocks and inventories, according to different accounting principles that ensure constant reconciliation between physical stocks and balance sheet values.

If you wish to know more please contact us

Qintesi Team has gained recognized specialist skills in all SAP application solutions to support the planning process, and can boast significant experience in the implementation of planning systems at major Italian Insurance Groups.

We have developed a QI Template that allows us to provide our Customers with planning and implementation services for Strategic Planning, Budget Preparation, Forecasting and variance analysis with actual data, that meet the needs of:

• Management of an insurance data model that includes all the information dimensions relevant to the entire process;
• Data collection and processing of historical data according to flexible business rules;
• Structured monitoring of phases and responsibilities for the different steps of the process;
• Supply of a database for comparison with actual data.

If you wish to know more please contact us

Qintesi has gained significant experience in the design and implementation of Insurance Business Intelligence models and solutions capable of satisfying both the needs of multidimensional analysis on a database of maximum detail and the need to have “aggregate” views natively reconciled with the results shown from administrative and financial reporting.

Qintesi Team can provide its Customers with Business Intelligence solutions for:

• Monitor, through specific dashboards, the KPIs for measuring company performance, broken down by Business Unit, Sales Channels, etc.);
• Prepare analytical reports on the main dimensions of analysis of the performance of the insurance business: premiums, claims, liquidations, reinsurance, commissions, reserves, etc.;
• Analyze the claims management process with all the relative movements operations up to the preparation of the stamped registers;

If you wish to know more please contact us

Qintesi Team provides customers with high quality and reliability solutions for performance analysis and for “cost and revenue allocation” with a level of detail that can go as far as a single contract. Thanks to:

• “Interdisciplinary” technical and functional expertise of our consultants;
• Knowledge of the functionality of the SAP Financial Services solution – Performance management (SAP PaPM);
• Ability to exploit the high performance of the SAP HANA “in memory” database;
• Experience in integrating the SAP PaPM Profitability and Performance Management solution with the statistical algorithms of the “R” language.

Qintesi is the ideal partner to design and realize systems for the processing of large databases and high level of detail in order to implement solutions for:

• The profitability analysis of insurance products and any other dimension of analysis through cost and revenue allocation cycles according to models of all complexity;
• The preparation of financial statements referring to specific analysis dimensions;
• The creation of ALM models;
• The calculation of some indicators required by Pillar 1 of the Solvency II Directive, e.g. the calculation of the SCR and the MCR.

The skills of Qintesi consultants in the use of SAP PaPM Profitability and Performance Management allow us to offer our Customers:

• Fast reading, writing and processing of huge volumes of data thanks to the high performance of the SAP HANA “in memory” database;
• Integration with SAP data sources (SAP Business Warehouse, SAP Business Planning & Consolidation, SAP Insurance Analyzer, SAP Financial Products SubLegal);
• Possibility for the user to process data through allocations, application of statistical functions, aggregations, simulations with “what-if” scenarios with an “on the fly” comparison of results using Analytics tools.

If you wish to know more please contact us

PILLAR 3

Qintesi Team provides its Customers with an “end-to-end” solution for the processing of data expected by Pillar 3 of the Solvency II Directive in an automated, consistent and auditable way, ensuring an adequate “Data Quality”.

We have gained significant experience in implementing the SAP Rapid Deployment. Solution for Solvency II based on application components:

• SAP Financial Information Management for Integration and Data Quality Management;
• SAP Financial Consolidation for the management of the “data model” and the “consolidation” process;
• SAP Disclosure Management which, thanks to the SAP Disclosure Management add-on XBRL reporting, supports the preparation of QRT’s in XBRL format according to the taxonomy envisaged, guaranteeing upgrading over time.

For a number of our customers we have developed a QI Template that allows them to use SAP Business Planning & Consolidation as an application solution for managing the data model and the process of “consolidation” of data in order to provide a native integration with the planning and data consolidation processes.

Our team is constantly updated with the new features introduced by the authority and provides a proactive and timely service for upgrading the solution.

PILLAR 2

Qintesi Team provides its Customers with a solution based on the components SAP. Business Planning & Consolidation and SAP Disclosure Management to meet the needs of execution of the FLAOR “Forward Looking Assessment on Own Risk” based on the ORSA principles “Own Risk and Solvency Assessment “.

The solution allows Customers to manage the operations necessary to determine the variables relevant to the FLAOR in a structured, traceable and transparent manner.

PILLAR 1

Qintesi Team provides its Customers with a solution based on SAP Financial Services – Performance management components (SAP FS-PER) able to satisfy, in a structured and auditable way, the needs of calculation of some indicators required by Pillar 1 of the Directive Solvency II, e.g. the calculation of the Solvency Capital Requirement and the Minimum Capital Requirement.

If you wish to know more please contact us

By January 1st 2023, insurance companies will have to comply with the new international standard IFRS 17 for the assessment and presentation of insurance contracts in the balance sheet; Qintesi Team is ready to support its Customers in the design and implementation of the latest SAP solutions for the management and processing of data according to the new accounting principle.

We have invested in training, developed prototypes and Demo systems and gained experience and expertise in design contexts at some of our Customers. We are able to provide services for implementing SAP Insurance Analyzer and SAP Financial Products Subledger solutions to meet the needs of:

• Introduction of a solid “Finance and Risk Data Platform” SAP suite and integration with the existing SAP and non-SAP architecture and applications in the “technical”, financial and actuarial fields (SAP FPSL is integrated with Prophet through the use of a ” “common” model point);
• Implementation of a complete and detailed database with the use of predefined and updated “Business Content”;
• Adoption of a multi-dimensional, multi-ledger, multi-currency “subledger” to evaluate insurance contracts according to different accounting principles by a “delta approach”;
• Fast Closing and native integration with the General Ledger with aggregated data but with “drill-back” functionality for complete auditability;
• Supply of a consistent reporting system and reconciled with the size of the financial statements to provide Management with an integrated vision (“single source of truth).

Qintesi has the skills to integrate the SAP Insurance Analyzer and SAP Financial Products Subldger solutions with the SAP Financial Services – Performance Management (SAP PaPM Profitability and Performance Management) solution in order to provide its customers with application scenarios for simulation and “what if” analysis without data duplication.

If you wish to know more please contact us

Qintesi Team has completed several projects for the implementation, customization and maintenance of the SAP FS-CD application component (Financial Services Collection & Disbursement) to support the technical accounting and technical-financial reconciliation processes of the collections of premiums and payments claims.

The deep expertise, consolidated in numerous experiences at the main insurance companies, have enabled us to refine our solutions and to design and implement “tailor-made” solutions highly appreciated by our customers, since they are able to solve specific needs.

The Qintesi Insurance Template integrates the standard functionalities of the SAP FS-CD application component (Financial Services Collections & Disbursements) with the Qintesi “best practices”, and it represents an effective reference model that allows to considerably limit the time and effort for the realization of application solutions for the management of:

• Automatic accounting of detailed items in the areas of premiums, claims, commissions, liquidations, reinsurance, reserves and the provision of general ledger balances with the possibility of “drill-back”;
• Reconciliation of premiums issued and collected with a solution (Qintesi Cockpit) for the management of directional business receipts;
• Monitoring of commissions and management of Agency remittances;
• Claims management process (including the CARD handling of car accidents);
• Activities for the management of the Current Account Company and Broker for Reinsurance and Co-insurance and for reconciliation with account balance;
• Periodic declaration of insurance taxes (tax office, National Health Service, RCA payment to the Provinces, etc …);
• Press releases of companies and brokers, life settlements, etc …;
• Production of insurance records (premiums written, premiums collected, registered claims, etc.).

We have the functional and technical skills to provide our Customers with solutions based on SOA architectures to distribute the functionality of SAP FS-CD on the channel with “mobile” technologies in order to achieve complete integration of processes and information.

If you wish to know more please contact us

Qintesi consultants are able to support Customers in the design and implementation of SAP Finance solutions to cover the processes of:

• General ledger, with enrichment of the data model of the information attributes relevant to ensure any compliance needs with respect to regulatory requirements;
• Parallel accounting management according to different accounting principles (Local GAAP, IFRS, US GAAP, etc.);
• Special ledger (Business Partner Customers and Suppliers), automated management and reconciliation of open items, and schedule management;
• Credit management, business partner ratings by “segment” of membership, management of reminders, repayment plans and any conflicts related to unpaid debts;
• Automated management of billing and electronic invoicing processes;
• Asset Accounting.

Our experts support customers in the design and implementation of cost accounting models and in the preparation of management economic accounts appropriate for the specific organizational context and business model.

We are able to implement cost allocation and activity-based costing models to provide customers with accurate and timely information.

We are experts in the implementation of project management and investment solutions that provide customers with accurate and reliable information regarding costs incurred, capitalized costs and capital absorbed.

We have the experience and expertise to provide customers with innovative and performing solutions for the analysis of profitability according to different business dimensions such as the product, the geographical area, the organizational unit, the distribution channel, etc … with the implementation of the SAP Performance Management solution (SAP PaPM Profitability and Performance Management).

ABAP – ABAP Object Oriented

Qintesi Developer Team has gained considerable experience in developing solutions in the SAP projects implemented, and is able to offer our customers development, tuning and performance optimization services related to:

• API integration, SOA and RESTFUL web service technologies;
• Enhancement and customized solutions of any complexity on all SAP application components;
• “ABAP-based” Cockpit and Monitor for the support and monitoring of specific business processes;
• Tuning and performance optimization services;
• Conversion and migration of the “custom code” as part of the conversion projects to SAP S/4HANA.

The numerous SAP S/4HANA conversion projects allow Qintesi to provide its customers with specialized services of analysis, revision, adaptation and optimization of the “custom code” to the HANA platform according to SAP best practices.

SAP UI5 AND JAVASCRIPT

Several highly specialized teams in the web field, with extensive experience in the programming language SAP UI5 and JAVASCRIPT in all its forms, for the creation of Web applications on SAP Business Technology Platform and on Premise with the adoption of methodologies that guarantee security according to OWASP standard (Open Web Application Security Project®).
The adoption of SAPUI5 technology allows to take advantage of the customer’s existing SAP infrastructure and to obtain an application that can carry out business activities from any device (smartphone, tablet, desktop).

OTHER LANGUAGES

Qintesi has a team of Java developers specializing in the creation of software solutions to integrate SAP application software with third-party software including Document Management systems.

The Unit Development has EXPERTISE in the development of the following languages:

• Java;
• Java Spring;
• Node.js;
• Angular;
• Xml (eXtensible Markup Language);
• Native Sql;

We have experience in Workflow development on SSIS (Sql Server Integration Services) platforms for Data Warehouse and Data Management tools on Microsoft Sql Server Database.

If you wish to know more please contact us

Web application development and configuration

The Qintesi team, thanks to numerous successful projects, supports customers in the development of web applications of any type on the SAP Business Technology Platform or On premise.

Through the use of SAPUI5 technology (SAP FIORI), the web applications created are:

• usable through any internet browser;
• responsive on any device (smartphone, tablet and desktop);
• independent of the operating system used (Android, Apple IOS, Windows, Linux);
• access to the SAP back-end and therefore to company data exploits the technology of OData services through the SAP gateway;

Access to the SAP back-end and therefore to company data exploits the technology of OData services through the SAP gateway.

Furthermore, Qintesi is very attentive to aspects related to the Cyber Security, also offering a service to better address the phases of code review, vulnerability, assessment and penetration test according to OWASP standards.

Thanks to the experiences and the continuous development of skills, entire business processes have been redesigned, concretely creating experiences of “dematerialization” of the activities, through the development of web and mobile applications capable of providing:

• Pre-defined workflow of activities with “triggers” and notifications to business users;
• Ability to carry out complex transactions on the move with integration of different application systems;
• Dashboard and KPI for process control;
• Dematerialization of paper documents through the compilation of web forms;
• Integration with camera, QR code, etc ..
• Geolocation and automatic time detection;

SAP FIORI configuration and customization

Team of specialists guide the customer in activating the SAP Fiori suite in the following stages:

• Analysis and identification of apps to be activated based on the role of users;
• “Homepage” customization, with the configuration of the most suitable Launchpad for each role;
• Extension and customization of standard apps according to SAP best practices;
• Integration with SAP Workflow and Launchpad Notifications (e.g. Rda / Payments to be approved);
• Creation of the FIORI app from scratch (even in cases where the standard app does not support the non-SAP S/4HANA backend);

Finally, the interaction with the FIORI environment has improved thanks to:

• Co-Pilot (voice commands);
• Real-time notification;
• «WEB Assistant” interactive help;

Extensive experience in configuring and customizing SAP Fiori applications according to SAP Best practices and in particular with the “ABAP programming model for SAP FIORI”, and with “Core Data Services” based on the “Odata” protocol.

If you wish to know more please contact us

From the initial assessment to the roadmap definition, from the design of the solution to the performance optimization: we provide our Clients with everything they need to succeed in their journey to the cloud.

COMPUTE ENGINES

We are able to migrate the Clients’ servers and their contents using the “lift and shift” strategy. Thanks to automatic hardware updates, moving VMs to the cloud avoids highly technical update cycles with economic impact.

DATABASES

Our team of experts will ensure the transition of data to the cloud by moving databases in total security: in this way you will be able to run and manage your applications on a global scale while optimizing efficiency and flexibility.

APPLICATIONS

We help the Client to run their applications with the highest level of performance and reliability through the use of Google tools such as Compute Engine, Cloud Storage for cross-region backup management and Google Virtual Private Cloud as a network solution.

If you wish to know more please contact us

• • The Qintesi team, a Google partner, is able to provide its Clients with a “turnkey” service to transfer the SAP platform from “on premise”” to “cloud” by combining the infrastructure configuration on Google Cloud Platform with the “lift & shift” activities of SAP applications.

• • We were the first in Italy to migrate an entire SAP Landscape on Google Platform for an important Client. We have the experience, expertise and the “know how” of several projects already “live” to better support Clients in projects of innovation of their technological platform.

• • Qintesi invests with its LABs of innovation in the knowledge and development of solutions that integrate “in memory” SAP HANA technology with artificial intelligence, Big Data management and open connectivity software of the Google Cloud Platform in order to provide its Clients with the ability to process large volumes of data, versatility, flexibility and continuous innovation at sustainable costs over time.

• • Thanks to the use of infrastructure-as-a-code tools such as terraform we are able to quickly and in a controlled manner create all the necessary resources (network, storage, vm), both in the primary datacenter and in the execution of disaster scenarios recovery.

If you wish to know more please contact us

Thanks to the skills of our team of experts and with the security that only a qualified partner can guarantee, we help our customers to satisfy their need for modern, essential, safe, performing and convenient technological platforms; we provide the necessary support to design and implement the most suitable evolutionary roadmap, both “on premise” and “cloud based”, through the following services:

INSTALLATION

• Analysis and Top Design of the technological infrastructure;
• Design and Set-Up of SAP system landscape;
• Evolution of the platform with new application and technological solutions;

UPGRADE

• Upgrade of SAP application components according to the “best practices” methodologies for fast, simple and secure projects;
• Database upgrade;
• Monitoring of the compatibility of SAP applications with other HW-SW components and of the interoperability between “satellite” systems;

SAP S/4 HANA CONVERSION

• Readiness Check;
• Performing the conversion procedure in total security (Software Update Manager + Database Migration, Downtime Minimizing);
• “Post-processing” and Tuning activities;

LANDSCAPE TRANSFORMATION

• Optimization and “consolidation” of the SAP Landscape;
• Re-platforming with Operating System and Database migrations;
• AAdoption of the SAP HANA Database;
• Geo-spatial transfers of the SAP Landscape;

If you wish to know more please contact us

Scope and skills

Data discovery and self-service BI tools have experienced a big growth over the past years, due to the Business users’ need of more autonomy and agility when it comes to integrating, analyzing and visualizing data. With largely decentralized content creation, connecting and governing the efforts of business users is becoming increasingly challenging: the required agility must not take place at the expense of quality for critical use cases or efficiency. On the other hand, traditional Business Intelligence, strong in data governance, grants the needed trust in data and efficiency in decision-making. So, either traditional Business Intelligence and data discovery tools must coexist in a complete Business Intelligence system. One of the aims in Qintesi is to support our customers in finding the right weight of each tool, on the basis of the real use cases.

Qintesi also offers an integrated service aimed at the modernization of Business Intelligence by accompanying Customers in the transition process from on-premise architectures to Cloud solutions, managing their adaptation in sustainable times, preserving investments, and choosing the combination of functionalities. on premise and cloud functionality more in line with the needs of customers.

Our skills

Design and implementation of operational, management and strategic reporting models, focused on supporting decision-making and the optimization of business performance:

• Operational reporting embedded in the existing workflows using physical or virtual data models.
• Classic standard applications with “pixel-perfect” reporting.
• Analysis and data discovery applications to allow the business users to freely browse their data.
• Dashboard and mobile applications for the top management, aimed at monitoring the main KPI’s with guided analysis paths
• Ability to combine cloud and on-premise applications.
• Support for the IT users in the application performance tuning.

Technology

BI Platform:

• SAP Business Objects BI Platform
• SAP Analytics HUB

Classic analysis & reporting:

• SAP Business Objects Web Intelligence
• SAP Crystal Reports

Dashboards and data discovery:

• SAP Analytics Cloud and SAP Digital Boardroom

Office integration:

• SAP Analysis Office

If you wish to know more please contact us

Scope and skills

To be competitive in a constantly evolving market, companies must equip themselves to manage a large volume of data, characterized by exponential growth, and analyse it in real time, thus transforming the resulting complexity into opportunities.

In order to extract value from this amount of information, traditional Business Intelligence (BI) tools are no longer sufficient: it is essential to have advanced analysis solutions that use statistical models of predictive analysis and machine learning models, applicable to various business areas (Marketing, HR, Management Control, Treasury) and Industries (Insurance and Banking, Fashion, Transport and Manufacturing, Consumer, Technology).

Thanks to a dedicated team with a strong mathematical and statistical background, Qintesi accompanies its clients in this process of BI evolution, creating Advanced Analytics solutions based on SAP components.

Our skills

• Design and implementation of predictive models, machine learning models and on-premises and cloud chatbots, by using statistical techniques and dedicated algorithms.
• Support in choosing the most appropriate models and the most advanced techniques that best suit the client’s needs.
• Development of Data Mining, Machine Learning and Artificial Intelligence solutions to improve the client’s business Integration of Augmented Analytics into existing application architectures (Data Lake, Data Warehouse, BI Systems or other business applications).
• Customer support throughout the application lifecycle: from the design of the model, to its validation and implementation, without sacrificing the speed, power or scalability of the solution.

Technology

• SAP Predictive Analytics
• SAP Analytics Cloud – Predictive
• SAP HANA Machine Learning features:
  • Predictive Analysis Library (PAL)
  • Automated Predictive Library (APL)
  • External Machine Learning Library (EML) – Google TensorFlow integration
  • R integration
• SAP Data Intelligence
• SAP Conversational AI

If you wish to know more please contact us

Scope and skills

Despite new data sources, trends and technologies challenge the usefulness of data warehouses, they establish a so-called “single version of the truth”, providing a single, comprehensive source of current and historical business information.

On the other hand, the classic architecture of the data warehouse is too rigid and can no longer meet the requirements of the new business intelligence, which requires advanced analysis, even on operational data in real time.

The data warehouse must evolve into a lightweight and cheapest architecture to permit IT to respond more rapidly and more effectively to the users’ needs.

Following the specific use cases, in our projects we combine logical and physical data models, choosing between an application driven approach (using e.g. SAP BW/4HANA) or an SQL driven approach (using the native features of SAP HANA Platform), harmonizing historical and real-time data.

Our expertise

• Data Warehousing:
  1. design and implementation of ETL and/or ELT processes: integration of diversified data sources, data quality and data profiling management
  2. design and implementation of physical and virtual multidimensional data models, in order to allow querying of business data using SAP or non-SAP reporting tools.

• Big Data Warehousing:
  1. design and implementation of high-performance databases for managing large volumes of data, coming from structured and unstructured sources;
  2. design of hybrid data warehouses with data lake integration.

• Definition of integrated systems for the harmonization of data collected from sensors and technological equipment (IoT)

If you wish to know more please contact us

Scope and skills

To remain competitive in the era of Big Data, innovation is essential. Many large companies already use Artificial Intelligence (AI) to transform the massive volume of data available to them into an asset: predictive analysis to support decision-making processes, customer support, optimization of marketing strategies and much more.

Google offers tools specifically designed for Big Data, IoT, AI and distributed computing. Thanks to a dedicated team with a strong mathematical and statistical background, we are able to take full advantage of these tools to offer our clients innovative approaches to Big Data management and Artificial Intelligence solutions.

Our skills

• Support in choosing the models that best suit the client’s needs
• Integration of models into the most common business processes
• Use of hidden patterns to draw unique models that make full use of the specificity of the available data
• Design and construction of continuous autonomous training pipelines to ensure the long-term effectiveness of the model
• Adoption of the MLOps paradigm to efficiently manage the production cycle in the Machine Learning area
• Use of the most suitable Articial Intelligence technology: Deep Learning, Reinforcement, Learning, Generative Models etc.
• Design and implementation of cutting-edge artificial intelligence models, up to date with the latest developments in the AI community

Technology

• Google AI Platform
• Cloud AutoML
• BigQuery ML
• Tensorflow 2.0

If you wish to know more please contact us

 
 
Our team of expert professionals supports customers in the evolution of their infrastructure and application platforms.

Our consultants provide customers with all the services necessary to evaluate and implement HANA database adoption projects:

• Sizing and installation of the SAP HANA database;
• Data migration;
• Adjustment of the ABAP code related to custom transactions
• Tuning and optimization of performances;

We have expertise and experience in design and implement quickly and with certain costs upgrades of the release, or increase of the Support Package and/or Enhancement Package levels, of the SAP application components to support transactional processes or SAP solutions in Business Intelligence, Analytics and Performance Management.

 
If you wish to know more please contact us
 

 
 
Qintesi consultants have gained significant experience in consolidation projects for SAP application environments and SAP Landscape Transformation.

We have the expertise to provide customers with qualified advice on the best approach to follow in order to meet requirements such as:

• Management of extraordinary transactions (mergers, acquisitions, disposals, etc.);
• Harmonization of business models and data model;
• Implementation of an SAP Central Finance scenario;

We provide customers with a complete design and implementation of the Landscape Target, and manage all the aspects relevant to an implementation project of an SAP Central Finance scenario:

•   Implementation of the application architecture aimed at “replication” and “normalization” of transactions;
• Configuration of “central” functions and processes;

 
If you wish to know more please contact us
 

The Technical Maintenance Service is the service provided by Qintesi to manage information systems from an infrastructural point of view in order to guarantee a continuous use of the service and a reliable platform.

The system management activity, through a proactive and continuous monitoring system of the Client’s environments, allows to anticipate critical situations that can lead to production blocks thus avoiding situations of operational paralysis.

Thanks to a result-oriented approach and active collaboration with the customer, flexible support is guaranteed for the identification of tactical (short-term) and structural (medium and long-term) solutions that can improve the quality of the services and systems involved.

To cover their lifecycle, our team of experts will take care of controlling, managing and keeping the client’s systems and applications secure and performing.

 
If you wish to know more please contact us
 

 
 
Our Team of professionals helps Customers in adopting innovative and cutting edge business and technology solutions for manufacturing operations and execution management in the Industry X.0 domain.

Qintesi, as SAP “Gold Partner”, provides Customers with its expertise on Digital Manufacturing and IoT SAP software solutions, enabling and consolidating the digital transformation path of the factory and of the supply chain towards the “Smart Factory”, leveraging both the potential of modern “Cloud” platforms and the more classic “On premise” architectures.

Our consultants have gained significant experience in the implementation of projects in various industrial sectors and are able to assist customers in all project phases, providing both technological and process consulting.

If you wish to know more please contact us
 

Our team is able to implement the technological suite capable of ensuring full coverage of the Corporate Financial Risk Management processes, integrating the operations of Front, Middle and Back Office and monitoring exposure to financial risks, in compliance with national and international accounting standards.

Our management solutions allow the integration of SAP systems with financial counterparties by means of solutions that allow access to Trading and Settlement platforms, such as Reuters or Bloomberg, for FX trading and money market instruments. These solutions reduce data entry errors during the negotiation phase, reduce time spent on low value-added activities, and significantly reduce fraud risk.

Payment Processing

The deep and radical changes that have affected the cash management world and cross-border payments has increasingly attracted the attention of Qintesi to offer solutions that ensure the highest level of efficiency.

Connectivity & File Formats

The adoption of the most advanced technology in the management of financial processes and more agile e-systems in banking sector have given companies the opportunity to operate in a multi-bank mode, without “binding” to a single banking counterpart. This has always been one of the main ambitions of the cash managers who deal with projects of centralization of flows, but the success and efficiency in the management of these systems depend on their degree of integration.

Our experience is fundamental for customers in choosing the best payment platform, service bureau and file formats, to guarantee a smooth integration of the systems as well as helping them in choosing the most appropriate communication formats.

Payment Compliance

Qintesi provide solutions for the complete digitalization of the authorization workflow of the provisions and of the automation of integration with the Banks, in compliance with security protocols using the features of SAP Bank Communication Management.

Centralized Payments

SAP IHC plays a crucial role in setting up an innovative payment factory solution together with a streamlined banking structure that allows payments to be made on behalf of group companies. Our consultants support customers in defining the best technical solution for the various approaches that Corporate takes to centralize payments.
 

Cash Management

our consultants support customers in activating SAP Cash Management functionalities, both in traditional ERP system and in SAP cash management powered by SAP HANA, to enable their organization’s cash or treasury department to centrally manage bank accounts centrally, monitor daily cash operations, and achieve short-term cash flow management goals.

Liquidity Planning

our specialists help to set up standard SAP functionalities and personalized solutions to gain greater visibility of liquidity in the medium and long term.

Bank Account Management

our proposal will help the customer to improve bank account related information management and processes with comprehensive SAP integrated solution, for an effective and efficient response to the needs of internal governance and compliance regulations in the management of sensitive data.

In House Banking

Our experience in engineering of Centralized Treasury models helps in selecting the centralization model that best suits the customer’s needs and in identifying the SAP functionalities to support all intercompany processes, such as global cash pooling, POBO, COBO, Netting for clearing of intra-group receivables and payables. The deep knowledge of the aforementioned processes will help the customer to face in a pragmatic way all the problems that these processes entail, optimizing Group’s liquidity control.
 

Our consultants have gained significant experience in the design and implementation of general and special ledger models for the most important Italian insurance companies using, SAP solutions.

The QI Insurance Template provides our Customers with a solid reference model of proven reliability to support the typical processes of an insurance company through:

• An Account Plan template in the IVASS version and in the IFRS version and a management model of “Parallel Plans”;
• A multidimensional data model that enables the management of all the dimensions necessary for the subsequent preparation of the Financial Statements, the Explanatory Notes and the Supervisory Attachments (e.g. management, class, type of work, type of portfolio, ISIN Code, etc. …);
• An accounting model “multi-company” and “multi GAAP” able to manage the stable organizations abroad belonging to the company;
• An integration model for the invoices flow of technical professionals (trustees, counterparty lawyers, etc.) that safeguards reconciliation with claims accounting;
• An effective solution for the management of sections related to the different types of “Business partners”: Reinsurance Companies, Co-insurance Companies, Agencies, etc …
• Specific features for the management of multi-currency accounting;
• Specific functions for the management of overheads and their allocation to the financial statements branches and to the activities expected by IVASS with a multi-step allocation cycle model;
• A structured solution for Fast Closing on interim closures;
• Multi-dimensional Financial Reporting with predefined balance sheet structures on IVASS and IFRS schemes.

If you wish to know more please contact us

CHANGE MANAGEMENT

Qintesi Consultants are capable of supporting the entrepreneur and the management to face the management of the transition.

Qintesi supports the company in this complex path, in particular by managing:

• The theme of future leadership;
• Approach to change and innovation;
• Updated managerial tools and techniques
• Technical aspects of transmission;
• Organizational alignment;
• Definition of the skills required for the roles;
• Matrix Roles-Skills Gap Analysis;
• Training design;
• Implementation of the communication plan;
• Design and application of corporate performance assessment tools.

If you wish to know more please contact us

COMPANY RENOVATIONS

Through the experience of its professionals, Qintesi proposes itself as an operational reference point for companies which have to manage phases or periods of corporate crises.

Qintesi has consolidated expertise in the management of business crises, in order to manage the crisis better and a path to relaunch the business.

Qintesi is capable of performing the following activities:

• Interventions on working capital;
• Cost management;
• Temporary management activities;
• Technical aspects of transmission;
• Review of business processes;
• Search for dedicated funding sources;
• Support in existing procedures for companies in a state of crisis;
• Plans related to L.F .: Art.67 (3) (d) L.F. Art.182 L.F.;
• Preparation of documentation for social safety nets;
• Outplacement.

If you wish to know more please contact us.

MANAGEMENT CONTROL

Qintesi team of experts in budgeting and management control supports the company to manage investment and resource allocation decisions with consulting services such as:

• Implementation of advanced management control systems (Activity base costing, Balance Scorecard), with related procedures;
• Annual, quarterly and monthly budgeting, with variance analysis;
• Forecast and rolling forecast;
• Directional reports and KPI (Key Performance Indicator) dashboards;
• Choices of “make or buy”;
• Design of the controlling model within the corporate ERP system.

STRUCTURED FINANCE

The Qintesi intervention methodology provides a real support to the entrepreneur and the company, to guide the strategic development plan and the search for industrial or financial partners, up to a possible listing on the stock exchange.

Qintesi supports companies in the management of extraordinary finance transactions or those that require recourse to Venture Capital or Private Equity:

• Dimensioning of capital needs;
• Strategic and / or Industrial Plan Preparation;
• Support for the mini Bond issue;
• Identification and coaching in the choice of private equity funds;
• Assistance in negotiations with potential lenders;
• Support in M&A operations;
• Support for companies entering the Elite program of Borsa Italiana (Italy’s stock exchange)

 
If you wish to know more please contact us
 

MANAGEMENT OF BANKING RELATIONSHIPS

Thanks to the skills and specific relationships matured over the years, Qintesi proposes itself as a partner of the company and of the entrepreneur in finding financial resources in the short, medium and long term debt and managing cash flows.

In particular, the activities that Qintesi can support are:

• Preparation of Business Plans for M / L loans;
• Review of cash plans and cash flow management;
• Management of banking relationships;
• Agreements with Confidi;
• Bank agreements;
• Analysis and improvement of the rating;
• Search for sources of financing alternative to the banking channel for the development of new projects.

MANAGEMENT OF WORKING CAPITAL

Qintesi professionals provide the entrepreneur with the necessary advice to improve working capital management.

In particular, the activities that Qintesi can support are:

• Credit management, aging and related procedures;
• Planning and management of commercial debt;
• Debt restructuring plans;
• Efficient management of inventories and stocks, and related indicators;
• Planning and monitoring of the main circulating capital indicators: DSO, DSI, DAP;
• Optimization of working capital financing instruments.

 
If you wish to know more please contact us
 

 
 
Qintesi approach to Application Management services is flexible and allows each Customer to identify the ideal service model: from a “remote” service provided by our Application Management structures to an “on site” service with resources available to the Customer.

The consultants operating in our service units operate according to established methodologies, with various service management tools already used by Customers or supplied by Qintesi, and have the necessary technical and functional expertise to provide comprehensive and high-quality services to customers in compliance with shared SLA:

• Ordinary maintenance and user support in solving problems;
• Corrective maintenance;
• Regulatory adjustment;
• Evolutionary maintenance;

 
If you wish to know more please contact us
 

 
 
Qintesi consultants have the skills and experience to provide customers with complete and effective solutions for managing the periodic closing process.

We design and realize specific solutions of Fast Closing for our Customers, using the features of SAP Financial Closing Cockpit:

• Management and monitoring of the closing calendar and the responsibilities of the individual tasks;
• Monitoring of progress of closing steps;
• Automation of periodic operations;

We create solutions that can effectively automate and govern the process of preparing the financial statements and mandatory attachments required by law and by supervisory authorities, with the implementation of SAP Disclosure Management.

 
If you wish to know more please contact us
 

Scope and skills

Companies that need to produce regulatory disclosures often face with the following issues:

• Sources of data and output software are different and not efficiently integrated.
• Versioning is inefficient and this leads to risk of losing or overwrite data when different users work.
• Absence of a structured compliance and audit view.
• Absence of structured workflow processes.
• Inefficient output generation, e.g. tables in Management Report are images and must be inserted manually every time data changes
• Qintesi assists its customers to solve these issues implementing SAP Disclosure Management solution with a consolidated methodology, developed in several projects in major Italian companies.

Our skills

• Preparation of a “reporting package” in groups of companies:
  this package aims to produce, through the use of SAP Disclosure Management, the periodic reports and the consolidated financial statements required by the supervisory authority.
• Analysis and implementation of reporting models, designed to produce the main disclosure outputs required by the insurance legislation, such as the Audit Report, the IVASS files, the Supervision Forms, the SFCR-RSR and the XBRL files for the Solvency II laws.
• Design and implementation of different types of internal reports for insurance companies (Risk Dashboard, Related Parties), utilities and service companies.
• Support for the business users in the closing periods and for the production of the aforementioned reports.

From a technical perspective, a Disclosure Management project consists of several components:

• SAP FIM: a specialized ETL for the EPM applications, used to collect and aggregate data. It provides connectivity to SAP (ECC, BW) and non-SAP applications (Oracle). In more simple scenarios, also SAP transactions may be used instead of FIM.
• AP BPC: suitable for simplifying the report generation, where data is usually stored in a BPC model; without SAP BPC, SAP queries are used.
• DM web: this is the main program in which files (report templates) are stored and where users manage their activities.
• MS Office (Word with Excel files linked): that is the environment in which data is retrieved from BPC or directly from the ERP.
• DM XBRL add-in: is an additional component that allows the creation of XBRL instances, validation of Data and excel previews.

Technology

• SAP Disclosure Management

 
If you wish to know more please contact us
 

 
 
Our team of consultants has gained significant experience in the automation of operational treasury operations and bank accounting at major Italian insurance groups using the SAP Simple Cash Management features.

We provide solutions for the complete centralization of payment and collection arrangement flows, processed by insurance management systems (premiums, claims, etc.) and not (suppliers, human resources, etc.) in a single application environment, using the features of SAP Bank Communication Management. This guarantees an integrated management of liquidity and a digitalization of the authorization workflow of the provisions and automation of integration with the Banks, in compliance with the security protocols.

 
If you wish to know more please contact us
 

Business Workflow

Qintesi consultants have the skills to design and implement effective business monitoring and governance tools with SAP Business Workflow.

We have implemented workflows of all complexity to support the processes of:

• Management of personal data of various types (Accounts, Bank Accounts, Management Control Objects, Materials, Business Partners, etc …) through the governance of creation, completion and subsequent approval activities;;
• Management of procurement processes with approval of purchase orders and payment of invoices, in compliance with complex organizational models articulated by hierarchical and / or functional, exclusive or competing responsibilities;
• Management of the approval of payment flows also through the configuration of the SAP BCM (Bank Communication Management) component;

 
If you wish to know more please contact us
 

With its numerous SAP consultants, with broad and profound expertise in various functional and technical fields, Qintesi is able to support its Customers in the analysis of functional requirements and in the implementation of SAP solutions through the adaptation and/or implementation of new application and technological scenarios in projects of all types and sizes:

• Implementation of ERP S/4 HANA and SAP digital core in the areas of Finance, Controlling, Procurement, Cash Management and Real Estate;
• Implementation of “on premise” or cloud infrastructures on SAP HANA Enterprise Cloud platforms or on Google Cloud Platform;
• Implementation of SAP solutions in the areas of Group Consolidation, Planning, Performance Management, Business Intelligence, Analytics, Cloud Analytics and Big Data, also in synergy with Google solutions;
• Implementation of SAP solutions in the areas of Governance Risk & Compliance, Access and Process Control, Data protection, according to the General Data Protection Regulations no. 2016/679;
• Configuration of Industry-specific solutions for regulatory purposes and / or for “vertical” processes;

 
If you wish to know more please contact us
 

The expert consultants in Qintesi can support Customers in an assessment of their SAP platform with the aim of:

• Perform a “readiness check” of the application components;
• Evaluate the impact on application functionality already implemented and on custom developments;
• Outline the best approach to conversion (Greenfield, Brownfield, Landscape Transformation) considering the peculiarities and objectives of the Customer;
• Evaluate the possible options to choose the target platform: “on premise” or “cloud”;

Our teams have gained significant experience working in major S/4 HANA Conversion projects and have enabled Customers to the benefits and value of functional evolution and technological innovation.

Our experts provide customers with a complete and effective conversion project that includes:

• Set-up of the “on premise” or “Cloud” infrastructure;
• Technical conversion from ECC6 to S/4 HANA;
• Implementation and configuration of new features;
• Activation of the new SAP FIORI user interface;

 
If you wish to know more please contact us
 

The profound expertise of our solution architects on the most innovative solutions and technologies are certified by SAP and provide customers the professionalism necessary to support them:

• In defining a Roadmap of innovation and digital transformation towards application and technological scenarios designed to meet specific business needs;
• Exploring the most innovative SAP solutions and their added value through specific demonstration sessions made possible by the constantly updated Qintesi demo systems;

Some examples:

• Analysis and definition of the approach to conversion to S/4 HANA and the introduction of SAP Fiori;
• Evaluation of the adoption strategy of BW/4 HANA and/or Cloud Analytics solutions;
• Design of a Central Finance scenario;
• Definition of the security strategy of SAP systems with a GDPR perspective.

 
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Our SAP Landscape Management services are available both on “on premise” platforms and on Cloud platforms.

In particular, the partnership with Innext (premier partner of Google Cloud Platform) allows our Landscape Management facilities to provide an even more complete service when Cloud infrastructure chosen by the Customer is Google Cloud Platform.

Our team provides customers with a steady and reliable management of all the activities necessary to keep the SAP applications efficient over time:

• Continuous monitoring;
• Infrastructure administration;
• Prevention and resolution of anomalies;

Our proposal consists of two levels of service whose contents are expressed in a clear and transparent way in order to meet all customer needs:

• Gold service level;
• Platinum service level;

 
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Our technical architects support Customers in the design of the possible migration strategy of SAP solutions from an “on premise” to a Cloud infrastructure:

• Migration to a Cloud infrastructure concurrently with the conversion project to S/4 HANA or HANA adoption;
• Lift & Shift” initiative of the simple and fast SAP workload towards a Cloud platform;

Our SAP Certified Technical Experts Team has expertise and experience in implementing transition projects of the SAP platform to the Cloud, with effectiveness and security for customers.

SAP and Google Cloud Platform announced a strategic partnership in 2017! Qintesi consultants, in collaboration with the partner Innext (Google Cloud Platform Premier Partner), are able to provide customers with the value of this partnership through a complete transition service on Google Cloud Platform (GCP), which includes:

• Design and dimensioning of the architectural solution on GCP;
• Activation of the service and configuration of the GCP platform;
• Migration of SAP applications;
• Continuous monitoring and management of the Cloud infrastructure on GCP;

 
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Qintesi Team in partnership with Innext, premier partner of Google, is able to provide its customers with a “turnkey” service to transfer the SAP platform from “on premise” to “cloud”, combining the configuration of the infrastructure on Google Cloud Platform with the “lift & shift” activities of SAP applications.

We were the first to migrate an entire SAP Lanscape on Google Cloud Platform for an important customer. We have the experience, the expertise and the “know how” of several projects already “live” to better support customers in projects of innovation of the own technological platform.

Thanks to the innovation LAB, Qintesi invests in the knowledge and development of solutions that integrate the “in memory” technology of SAP HANA with artificial intelligence, Big Data management, open connectivity software of the Google Cloud Platform, in order to provide its Customers with the ability to process large volumes of data, versatility, flexibility and continuous innovation at sustainable costs over time.

 
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Our team of experts supports our customers in the automation of operational treasury operations and bank accounting, and in the monitoring of current and future liquidity and cash flow using the SAP Simple Cash Management features.

We provide solutions for the complete digitalization of the authorization workflow of the provisions and of the automation of integration with the Banks, in compliance with security protocols using the features of SAP Bank Communication Management.

We have the experience to design and create models for centralizing treasury operations, managing payments “on behalf and for account”, “Intercompany” collections and payments, and managing Group liquidity using the SAP In House Cash features.

We provide our customers with solutions for the management of the main forms of financing, for the collection and use of liquidity for the management of hedging transactions against exchange and interest rate risk, through the implementation of SAP .
Treasury and Risk Management.