According to SAP, having a distribution management system on a single platform helps the insurer meet future distribution servicing needs and manage complex relations. Tapping into one source of data in a clean format, users can perform analytics, easily share data and effectively manage relationships. The value of a single compensation calculation engine across the organization will be leveraged to calculate all forms of compensation that are due to MassMutual partners.
Michael Foley, CIO, said: After a smooth implementation with SAP Consulting, Massachusetts Mutual Life Insurance Company (MassMutual) went live on SAP solutions in March. MassMutual completed this step of its overall transformation and delivered the smoothest go-live ever.
