Overview
Sapiens BillingPro for Property & Casualty is part of the Sapiens CoreSuite for Property & Casualty. It is an enterprise billing solution from the leaders in configurable, scalable P&C insurance software solutions. It features the flexibility, ease of deployment and highly configurable integrations.
Sapiens BillingPro integrates with third-party systems and data repositories with unparalleled speed and ease. It manages billing on an agency, or direct-bill, basis. Automated processes throughout the billing lifecycle including lockbox, allocation, transfers, disbursements, write-offs, disputes and other billing activities.
Sapiens BillingPro for Property & Casualty reduces billing leakage and collection time frames through automated processes to identify uncollected earned premiums. BillingPro combines invoices to reduce costs and leverages equity-based billing to avoid unpaid coverage. It supports multiple currencies with automatic FX gain and loss adjustments, and delivers timely and accurate information through comprehensive reports
Key Features
UI driven configuration geared to Business users. Support for all Bill Types for all P&C Business including Agency Bill, Direct Bill, Mortgagee Bill, Account Bill, Single Policy Bill, Split Bill and Wholesale Billing. Access to real-time data and analytics.
Ability to track all billing items at the detail level and more accurately manage premiums, commissions, taxes, discounts, surcharges and fees
Accounting dashboard with the ability to drill-down to important details for all billing activities
Full support for flexible payment plans and the ability to change payment arrangements
Key Benefits
The ability to track all billing items at the detail level increases operational accuracy and efficiency
Flexibility and functionality increases customer satisfaction
Provides for streamlined billing operations, reducing costs