Packola is a reporting tool for Lloyd's Syndicates.
We're called in when there's regular pain associated with the Excel Spreadsheets used to generate the monthly or quarterly figures. Perhaps the process is too slow, perhaps it's error prone, perhaps you can't face the work required to add a new class of business or currency.
We configure Packola to reproduce the calculations in the spreadsheets and the layouts of the final reports. This is a skilled task as we eliminate duplication and bad practice from the process. It's all about streamlining. At all times we can demonstrate that the calculated numbers match those in Excel.
Once set up, Packola makes the reporting cycle simple and predictable. Data is automatically fetched from underwriting and accounting systems. Figures that have to be entered are clearly marked. All calculated numbers are live and accurate all of the time. For a picture painting a thousand words, have a look at the Anatomy of a Packola Screen.
Then you press a button to get Excel versions of the final reports. Finished. You can take the rest of the month off.