Underwriting growth with confidence: How Accordion helped Strategic Risk Solutions strengthen a financial infrastructure for scale

Article    April 14, 2026
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Strategic Risk Solutions (SRS) – the world’s largest independent captive insurance manager – needed support modernizing and streamlining an increasingly complex financial operations environment. Experiencing significant global growth, SRS’s finance team wanted a more scalable solution to support sophisticated billing, contract nuance, and revenue recognition requirements. Accordion implemented ZoneBilling, integrated with NetSuite – replacing manual processes with a new, purpose-built, and adaptable infrastructure designed for SRS’ unique operating model.

Strategic Risk Solutions (SRS) is the world’s largest independent insurance management firm, long recognized for its rigorous financial controls and high-quality governance. By leveraging best-in-class talent across captive management disciplines, SRS consistently delivers exceptional value to its clients.

As the business continued to expand – adding more clients, operating across more jurisdictions, and managing increasingly complex contract structures – SRS saw an opportunity to evolve processes that had historically been spreadsheet-based. With growing contract complexity came a corresponding increase in the manual effort required to manage billing, invoicing, and revenue recognition accurately across its global offices.

The company needed a new solution to keep pace.

Each office had their own Excel schedules, and we were manually calculating revenue every month. If corporate needed a report, we were pulling everything together manually. It could take

weeks.

Eventually, the team reached a conclusion familiar to all fast-growing companies: Spreadsheets that once supported the business were now holding it back.

That’s when SRS called Accordion.

Uncovering the right vendor for the right solution

As an independent firm, SRS is not bound by corporate vendor mandates, giving it the flexibility to select the right partner for each need. This independence enables the company to prioritize solutions based solely on what best supports client service and operational excellence.

SRS also realized that a standard billing template would not be sufficient. Its agreements are far from typical, often incorporating custom structures, tiered pricing, and escalation mechanisms. While conventional billing tools rely on consistency across contracts, a one-size-fits-all approach could not support SRS’s more complex, highly tailored, client-specific processes.

“We’re a firm of exceptions. Our contracts are written in very different ways. There are always unusual scenarios.” – Christie Gullen

SRS needed a system that could accommodate the true complexity of its business, not force it into rigid workflows.

Accordion was the right vendor to lead the charge.

Reimagining revenue operations                       

Instead of jumping straight into implementation, Accordion’s first move was to understand how billing, invoicing, and revenue recognition actually functioned across SRS’ organization: how contracts were structured, how invoices were generated, and where manual work was slowing the team down unnecessarily. From there, the team crafted a solution centered on NetSuite, supported by ZoneBilling (from Zone&Co), a platform purpose-built to manage the operational complexity of SRS’ business, especially its complicated billing and revenue scenarios.

ZoneBilling introduced capabilities spreadsheets couldn’t provide, automating invoicing, managing contract changes, and aligning billing schedules directly with revenue recognition inside the system.

“Accordion didn’t try to force us into a template. They helped us design a custom system that could actually handle the way our contracts work.” – Christie Gullen

Accordion, with Zone&Co, constructed a reliable, centralized system that ultimately replaced fragmented spreadsheets with automated workflows and real-time visibility into revenue activity.

Launching a worldwide project

New system implementation was only half the battle. SRS also had to ensure its entire team would be fully confident using the system from day one. To help ease the transition from the very beginning, Accordion helped SRS emphasize collaboration across its finance organization: syncing system operations globally, including US, Europe, and Caribbean markets.

Finance leaders across SRS offices engaged in workshops and training to align on new workflows and build a shared approach to revenue operations. The extra support enhanced team expertise and enabled more targeted, effective risk management services as the business expanded.

“It really was a global effort. We brought together teams from different regions so everyone could learn the system together and understand how revenue operations would work going forward.” – Christie Gullen

Getting back time

Once the system was live, the impact was immediate…and significant. For SRS as well as its clients:

  • Quarterly invoicing – reduced from a week of manual adjustments to one day
  • Revenue recognition during close – reduced from several days to a few hours
  • Automated alignment of billing and revenue schedules based on contract terms

Time is the biggest thing we’ve been able to get back. We can spend our time analyzing numbers instead of building them.” – Christie Gullen

The SRS finance team also gained something they didn’t have before: consistent visibility across the organization. With revenue schedules, contracts, and invoicing all managed in one environment, reporting would now be faster, more dependable, and much easier to audit.

“We would not be where we are now, or have had the success we’ve had, without the team at Accordion. Sometimes consultants come in, throw data at you, and move on. But the Accordion team gets in the trenches with you.” – Christie Gullen

Growing from project to partnership

The project was a highly successful system roll-out, but it was also the start of a true strategic partnership between SRS, Accordion, and Zone&Co. Representatives from all three partners worked together throughout the journey, from discovery and system design through to implementation, training, and ongoing optimization.

“The Accordion team is constantly bringing ideas to us: things they’ve seen, tools we should consider, ways we could improve. It feels like a true partnership.” – Christie Gullen

Zone&Co’s billing capabilities provided the technological foundation, and we ensured seamless integration within SRS’ broader finance operations.

Today, SRS has the financial infrastructure to match the scale and scope of the business it’s built. Billing is automated. Revenue recognition aligns directly with contract terms. And the finance team can focus less on constructing spreadsheets and more on analyzing and enhancing the business.

SRS has always helped insurers underwrite risk with confidence. And with this new partnership, the systems that support SRS’s growth are built on a more confident foundation.

FAQ

What challenge was SRS trying to solve?

As SRS grew, its finance team was managing billing, invoicing, and revenue recognition through fragmented, office-level spreadsheets. Each office maintained its own Excel schedules, and monthly revenue calculations required significant manual effort. Pulling together a corporate-level report could take weeks. The team needed a more scalable, automated solution to match the complexity and global scope of its business.

What solution did Accordion implement?

Accordion implemented ZoneBilling, a billing platform from Zone&Co, integrated with NetSuite. Rather than applying a standard template, Accordion first mapped how billing, invoicing, and revenue recognition actually functioned across SRS’s organization — then designed a custom system capable of handling SRS’s complex contract structures. The result was a centralized, automated workflow that replaced manual spreadsheet processes with real-time revenue visibility.

Why couldn't a standard billing tool solve the problem?

SRS operates as a firm of exceptions. Its client agreements incorporate custom structures, tiered pricing, and escalation mechanisms that off-the-shelf billing tools aren’t designed to handle. A one-size-fits-all approach would have forced SRS into rigid workflows that couldn’t accommodate its unique, highly tailored contract environment.

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