Unit4 key visual for Labuan Re customer story

Labuan Reinsurance

Migration to the cloud increases finance productivity, enables faster adaptation to change, and improves compliance.

Background

When Unit4 announced the Cloud version of Unit4 Financials by Coda, the team was eager to capitalize on the scalability, security, and flexibility offered by the SaaS model. The Unit4 account & customer success team delivered a timely migration strategy and enabled the Labuan Re team to continue its financial close processes while implementing the SaaS project.

Migration to the cloud has improved compliance, made everyday finance processes 30% faster, and brought near real-time insight into performance.

How we helped

  • Agility and Accuracy – Faster finance process execution enables more agile business decision making, while integration of data reduces chance for human error.

  • Productivity – Team productivity has increased by 30%, allowing staff to spend less time on IT management and more time on innovation.

  • Change-Readiness – The native cloud environment is agile and adaptive to change.

The user experience is excellent. The entire system is well designed and easy to navigate — which contributes to our team productivity and time-to-insight. By moving to the cloud, Labuan Re has increased finance productivity by 30%.

Kenlix Lee Yee Wee

Chief Financial Officer, Labuan Reinsurance

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See how Unit4 Financials by Coda supports large enterprises with complex, high-volume transactions.