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The importance of implementing Gateway ERP

Gateway ERP in Insurance & Broking Business

In the landscape of the insurance and broking industry, where precision, efficiency, and adaptability are the cornerstones of success, the implementation of ERP software takes on a role of paramount significance. As insurance and broking processes become increasingly intricate, demanding seamless coordination and optimization, Enterprise Resource Planning (ERP) systems offer a lifeline to an industry eager to embrace the future. With its capacity to streamline complex operations, enhance resource allocation, and minimize operational bottlenecks, ERP software empowers professionals in the insurance and broking sector to navigate the ever-evolving landscape with confidence. In an industry where every policy, every transaction, and every decision holds implications throughout the entire business, this technology transcends being a mere solution; it stands as a transformative force. The importance of ERP software in insurance and broking surpasses the boundaries of software implementation; it serves as a catalyst for innovation, cultivating a future where precision harmonizes with productivity, and excellence is achieved in every aspect of the industry.

Elevating Efficiency with BPM in Insurance & Broking

Shaping a Future of Operational Excellence

Gateway ERP

Within the dynamic realm of insurance and broking, where time is a valuable asset and operational efficiency is paramount, the innovative Business Process Management (BPM) system offered by GatewayERP emerges as the linchpin for propelling operations to unparalleled levels of efficiency. Whether it involves orchestrating complex insurance and broking processes, managing intricate financial operations, or overseeing the coordination of resources, BPM becomes an indispensable conductor of an efficiency symphony that resonates throughout the industry. At its core, BPM acts as a guiding force, simplifying intricate procedures, eliminating redundant steps, and instilling precision and repeatability into operations. Yet, the value of BPM transcends beyond mere streamlining; it serves as a vigilant custodian of operational discipline, a visionary guiding the course of functional workflows, and a master of data visualization. However, its most compelling attribute lies in its ability to supercharge decision-making by offering real-time insights that empower strategic choices. When the principles of BPM are seamlessly integrated into the fabric of insurance and broking, they become transformative tools that make the once-unattainable not only achievable but also remarkably efficient.

To Achieve Industry Goal

Sample Process Flow

Tele Sale

Lead Generation

Bulk data uploading & assignment, follow up to quality a lead, collection of information for further follow up


Create prospective client with full information from qualified lead, and engage sales team for physical follow up to generate an enquiry


Generate enquiry from prospects / client in coordination with sales team or otherwise, collect information and docs for further processing

Value Additions

Web Advantage

Web application based on advanced Java and sql back end, Access from anywhere through browser, User access restricted as per their permission with login credentials and other securitie


Decision support system attachment facility on all forms, Audit log, Follow up, analytical dash boards, process flow


Approval facility, Internal audit procedure, dash board monitors, user controls, guideline in each forms

Under writing (Business Process Unit)

Qualify Enquiry

Create or allocate enquiry to be qualified, communicate with Insurer, client, internal. Submit docs to insurance co.

Policy Placing

Placing policy online, off line and record or integrate with system. Policy docs to be attached and correct value based recording in order to automize operational accounting.

Prepare Quote

Quote generated with minimum entries and attach insurance company quote. Comparison statement. Revision of quote if necessary.


Co ordination with client, internal and insurance companies are the crucial Status update will be visible to every one through their own BI.

Sales Activity Management


Create or alloted pospects to be followed up


Convert pospect to client or directly and follow up and update docs


Apointment management with BI for easy follow upmobile friendly functional


reate enquiry and qualify it with documentation, submit to Underwriting


Communicate through the system to get quote and placing of policy


Quote preapred by underwriting or self and follow up to get approval

Follow up

Follow up prospects, client, enquiry, quote, renewal through this management BI

Renewal Assistance

Renewal Assistance as renewal enquiry is created by renewal team or self



Enquiry marked renewal will be routed through the same process with supporting docs of previous policy. Sales team assistance will be communicated through system .

Follow up

Renewal notice will be automated before expiry as per configuration multiple time. Follow up to generate renewal enquiry. Communication to sales team and client

Management Dash board

Operational accounting

Functional BI is expecting premium debit note and commission credit note from insurance company in order to book self billing


Expecting premium debit note from insuracne company on placed policy. One click confirmation for accounting



Endorsement additions are expected will be accounted with on click of button. Premium debite note & commision credit note



Commission credit note is expecting on placed policy, on one click tax invoice created for accounting



Endorsement for deletion or cancellation of policy is accounted, Premium credit note & commission debit note





Finance & Accounting


Financial transactions routed through approval system and internal audit methods.


Post dated cheque management, EMI management, Aging management routed thourgh auto posting methods

Periodical Closing

Periodical closing is procedure in Gateway ERP in order to publish financials to management and tax returns and external auditing

Inter Branch

Inter branch financial and material transactions automated inter branch entries, which avoids reconciliation process in traditional branch accounting.


Real time dash board for financial follow up like collection, PDCs, Outstanding, Revenue & Expenditure anlysis

Financial Reporting

Financial reporting (Balance sheet, Profit & loss, Cash flow, Budgeting) including schedules

Information Mobilility

Gateway ERP

Asset Management

Gateway ERP

Human Resource Management


Induct an employee with full details. Categorize as per designation, department, pay roll category, grade etc.

Document Management

Create all documents to be used. Attach docs in the same master

Additions, Deductions

Additions and deductions from other department to be included in pay roll

Time Management

Facility available : Time sheet as per project Man hours recorded through Web App Present and absent marked Confirm the attendance and / or time to process pay roll.

Payroll Processing

Pay roll processed in one click as per the previous details confirmation.

Terminal Benefits

Monthly posting of terminal benefits as per the matrix set in system .Real time benefits calculations .Accounting and retrieval of terminal benefits for payment


In case of appraisal of employee in terms of designation or monthly benefits will be routed through this process with approval facility


Anlyse employee cost, document expiry for renewal process, time management, leave management , Terminal benefit analysis, schedule for financials

Terminal Benefits

Monthly posting of terminal benefits as per the matrix set in system .Real time benefits calculations .Accounting and retrieval of terminal benefits for payment