- When health insurer Gilsbar discovered its subscription costs for its accounting system were set to triple from $10,000 to $30,000 a month, it looked for a lower-cost alternative. The system was also tied to a legacy version of Windows, preventing the company from updating to a newer and more stable version.
The Solution: Custom CRM, Policy Management & General Ledger
- Gilbar invested in a custom accounting system, built to their exact needs. Susco migrated Gilbar and all of its data from Vertafore Sagitta. The solution eliminated manual double-entry and enhanced previously used features while providing a more holistic view with the addition of real-time reporting, empowering the company to take more informed, effective actions.
The Result: $348,000 per year cost savings
- Susco’s fully customized solution replaced Gilsbar’s current systems, set to cost $30,000 a month, with a 2.5-year payback. Going forward, the software costs less than $1,000/month to support, representing a $348,000 per year in cost savings.