SAP

SAP Core Insurance Management

6.1 /10

What is SAP Core Insurance Management?

Satisfy today’s hyper-connected customers across all channels, including mobile – with SAP software for the insurance industry. Our solutions use the latest technology to help you streamline claims management, simplify policy administration, and proactively manage risk and compliance.

Company Details

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SAP Core Insurance Management Ratings

Real user data aggregated to summarize the product performance and customer experience.
Download the entire Product Scorecard to access more information on SAP Core Insurance Management.

76 Likeliness to Recommend

94 Plan to Renew

70 Satisfaction of Cost Relative to Value

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Emotional Footprint Overview

+59 Net Emotional Footprint

The emotional sentiment held by end users of the software based on their experience with the vendor. Responses are captured on an eight-point scale.

How much do users love SAP Core Insurance Management?

16% Negative

6% Neutral

78% Positive

Pros

Friendly Negotiation
Transparent
Trustworthy
Over Delivered

Cons

Charges for Enhancements
Less Generous
Less Inspiring

Feature Ratings

Average 74

Document Management

Claims Management

Communication Management

Financial Management System

Fraud Management

Workflow Management

Policy Management

Risk and Fraud Assessment

Audit Management

Compliance Management

Analytics and Reporting

Vendor Capability Ratings

Average 75

Usability and Intuitiveness

Quality of Features

Ease of Data Integration

Business Value Created

Breadth of Features

Ease of Implementation

Vendor Support

Ease of Customization

Availability and Quality of Training

Ease of IT Administration

Product Strategy and Rate of Improvement

SAP Core Insurance Management Reviews

Fred B.

Role: C-Level
Industry: Finance
Involvement: End User of Application

Validated Review

Verified Reviewer

Submitted Jan 2020

Complex but very effective

Likeliness to Recommend

10 /10

What differentiates SAP Core Insurance Management from other similar products?

I really don't have experience with other products as my it expert and Lead consultant were the determining factors in convincing me to purchase this product

What is your favorite aspect of this product?

The fact it has many options and customization capabilities

What do you dislike most about this product?

It was a bit tricky to learn

What recommendations would you give to someone considering this product?

Make sure you have someone very experienced with it or take a training course

Pros

Continually Improving Product
Unique Features
Efficient Service
Reliable

Role: Human Resources
Industry: Technology
Involvement: IT Development, Integration, and Administration

Validated Review

Anonymous Reviewer

Submitted Jan 2020

It works for what you need

Likeliness to Recommend

8 /10

Pros

Helps Innovate
Reliable
Efficient Service
Respectful

SAP Core Insurance Management

What is SAP Core Insurance Management?

Company Details

Need Assistance?

SAP Core Insurance Management Ratings

76 Likeliness to Recommend

94 Plan to Renew

70 Satisfaction of Cost Relative to Value

Emotional Footprint Overview

+59 Net Emotional Footprint

How much do users love SAP Core Insurance Management?

Pros

Cons

Feature Ratings Average rating of all product features, some of which may not be shown below

Document Management Includes features such as check-in/check-out and versioning controls on documents and artifacts.

Claims Management Includes claims processing, eligibility verification, paper claims mailing, claims denials management, and electronic claims submission.

Communication Management Includes verbal and non-verbal information sharing, multiple languages, and a goal-oriented objective.

Financial Management System Includes planning, forecasting, invoicing, and cash flow management.

Fraud Management Includes identity theft protection, fraud alerts, payer authentication, and fraud investigations.

Workflow Management Includes ability to support flexible and comprehensive workflow-based capabilities.

Policy Management Solution centralizes policies, standards, and procedures mapped to regulations or best-practices (PCI-DSS, ISO/IEC, HIPAA, etc.) with built-in templates.

Risk and Fraud Assessment Includes the ability to document, mitigate, and respond to project risk conditions across the portfolio and detect instances of potential fraudulent claims.

Audit Management Includes data security, audit reports, and revision control.

Compliance Management Includes compliance controls, compliance rules engine, and compliance monitoring.

Analytics and Reporting Includes historical & real-time dashboard visualizations, detailed & summary reporting and easy data extraction for data analysis.

Vendor Capability Ratings Average rating of all vendor capabilities, some of which may not be shown below

Usability and Intuitiveness End user learning curves cost the organization money. Pay attention to your end users' technical ability to determine how important UX is in your purchase.

Quality of Features Feature quality is just as important as quantity. Use this data to determine if this product will do what you're purchasing it to do, easily, intuitively, reliably, and effectively.

Ease of Data Integration Use this data to determine whether the product will cause headaches or make data integration easy.

Business Value Created Software needs to create value for employees, customers, partners, and, ultimately, shareholders. This data expresses user satisfaction - or lack thereof - with the product's business value.

Breadth of Features Users prefer feature rich software that enables them to perform diverse series of tasks. This data expresses user satisfaction with the product's breadth of features.

Ease of Implementation Successfully implementing new software is necessary to realize its full value and promote end user adoption. This data indicates whether or not the product is easy to implement.

Vendor Support The importance of vendor support will vary for each organization depending on internal capabilities, but there will always be issues that only the vendor can resolve.

Ease of Customization Don't get bogged down in a difficult customization; use this data to make sure you can easily achieve the functionality you need for your particular situation.

Availability and Quality of Training Effective and readily available training enables users to get the most out of the software you've chosen. Use this section to make sure your vendor's training programs and materials measure up.

Ease of IT Administration This data indicates whether IT personnel will be able to resolve issues and perform configurations efficiently and effectively.

Product Strategy and Rate of Improvement Vendors who don't stay on top of emerging needs and trends won't enable you to meet your business goals. Use this data to separate innovators from imposters.

SAP Core Insurance Management Reviews

Fred B.

Complex but very effective

Likeliness to Recommend

Pros

It works for what you need

Likeliness to Recommend

Pros

Feature Ratings

Document Management

Claims Management

Communication Management

Financial Management System

Fraud Management

Workflow Management

Policy Management

Risk and Fraud Assessment

Audit Management

Compliance Management

Analytics and Reporting

Vendor Capability Ratings

Usability and Intuitiveness

Quality of Features

Ease of Data Integration

Business Value Created

Breadth of Features

Ease of Implementation

Vendor Support

Ease of Customization

Availability and Quality of Training

Ease of IT Administration

Product Strategy and Rate of Improvement