Premium Billing System

The iWorks Premium Billing System is a highly flexible billing and collection system for the property and casualty insurance industry. This system helps you to save time and improve accuracy by automating tasks and reducing the need for manual data entry. The rules-based system allows you to quickly and easily change fees and payment plans – without requiring any coding or technical expertise. It broadens ways to support customers by offering both equity and non-equity billing plan capabilities. By offering tailored payments schedules, full account activity histories and protecting your data with custom security levels, the Premium Billing System equips you to efficiently manage your billing and collections operations.

Features

Automates processes and minimizes redundant manual data input
Offers several standard report options and commission payout structures
Allows you to quickly and easily change payment plans at anytime with the immediate update of the billing schedule
Provides multiple levels of security defined by individual companies
Includes system-to-system integration with XML
Scales to business requirements