Overview
A comprehensive billing system designed by insurance professional to meet the unique demands of the insurance world.
Key Features
Ventiv Billing provides:
- Installation Automation - Calculate, create, and adjust installments automatically throughout a billing lifecycle
- Self-service payment intake - make self-service payments via EFT, credit card, check, cash, lockbox, and more
- AR & AP Management - Track all incoming payments and provide full reconciliation at both the installment and payment plan levels. Fully track payables and generate checks accordingly
- Invoicing - Configure invoices for specific users or design them for each billing fund in your organization.
- Process & Report Scheduler - Schedule the execution of processes and distribution of reports based on a workflow event or date
- Payment Plans - Create a hub for all installment activity, including installment creation, financial aggregation, and corresponding entity information.
- Report and Dashboards - a library of standard reports, dashboards, and letters or easily configure your own.
- Configurable Parameters and Thresholds - Define and operate your own billing methods, installment types, short pay thresholds, and more
- Messaging Center - Communicate in real time with instant messaging. Staff and bill payers can contact one another in the portal with internal comments
Key Benefits
- Ventiv Billing helps carriers:
- Achieve ultimate flexibility in billing
- Manage your billing with an intuitive user experience on any device
- Improve efficiency with a unified solution
- Complete your unique admin suite
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