SAP Fioneer
SAP Fioneer provides integrated platforms for asset finance, SME banking, and insurance, offering comprehensive solutions for managing financial products, customer onboarding, and policy lifecycle management.
Integrated Asset Finance and Leasing Platform
SAP Fioneer provides a comprehensive platform for asset finance and leasing, managing all asset classes and financial products on one integrated, composable platform. The Asset Finance Edition helps manage the entire contract lifecycle with capabilities for billing, dunning, correspondence, and more. This edition supports multi-entity, geography, and multi-GAAP, allowing the management of all regions, entities, and subsidiaries on a single instance.
SME Banking Edition Features
SAP Fioneer's SME Banking Edition offers tailored financial services to SMEs at scale with robust, market-proven technology. It includes pre-configured, easily customizable products and processes across frontend, orchestration, and core banking. Automated digital customer onboarding is supported by instant screening processes and data integrations. The edition also provides integrated smart funding options, enabling instant, flexible loan decisioning across various loan types. Deployment options include on-premise, public hyperscalers, private cloud, or as a fully managed Software-as-a-Service solution.
Amplify Insurtech Program
SAP Fioneer's Amplify Insurtech program connects insurtech startups with major insurance companies, providing access to validated, best-in-class, pre-integrated insurtech solutions. The program helps insurers stay at the forefront of innovation while minimizing cost, risk, and time to market. Participants benefit from joint marketing activities, access to the largest insurance companies globally, and collaboration opportunities.
Financial Products Subledger
SAP Fioneer’s Financial Products Subledger is designed specifically for financial services, offering high volume management, pre-installed accounting rules, and business content. It supports GAAP-compliant accounting, allocations, revenue splits, and FX position assignment. The subledger integrates financial control to speed up the financial close by reconciling accounts daily and making necessary manual adjustments. It also offers sustainable and crypto accounting, including PCAF-compliant greenhouse gas accounting, and provides a finance-owned data mart for financial and management reporting, analytics, and statutory disclosures.
Comprehensive Insurance Platform
SAP Fioneer's insurance platform includes the Engagement Hub, which connects quickly to mid and back office and traditional distribution channels, facilitating embedded insurance and personalized insurance. The platform offers a Life Insurance Edition with pre-integrated, end-to-end coverage across the entire business process life cycle. Other features include Cloud for Insurance, providing a consumption-based pricing model with managed services for operations, upgrades, and new features. The platform supports multi-lingual, multi-currency, and multi-line of business capabilities, including General, Life, P&C, Health, Group, and Auto insurance. Built on flexible but proven technology, the insurance platform leverages SAP's Business Technology Platform to scale.