The Covid 19 virus has dominated our daily lives for quite some time now. Every individual and every company has had to experience the force and intensity with which the pandemic has hit us.
There has not been such a decline in the real economy since the oil price shock in 1973 and the financial crisis starting in 2008. Probably, the situation is without precedent even since the end of the Second World War.
One main characteristic of SAP FPSL is the clear distinction between financial instruments on the one hand and insurance contracts on the other hand.
All sectors of the economy are challenged to respond to the current Corona crisis. As a consulting company specialized in IT-related consulting for banks and insurance companies, we at ADWEKO have thought about how we can support our customers in this situation.
A classic first step in approaching the topic of “S/4 Conversion” is to conduct a preliminary study. On the part of ADWEKO, we have the privilege to accompany some of our customers exactly in this early phase.
As a premium partner for SAP software solutions in the Financial Services (FS) area, the international market is an important field of activity for ADWEKO.
From a technical perspective, SAP FPSL is used as an add-on to SAP S/4HANA. However, this does not necessarily mean that S/4HANA is a prerequisite for FPSL.