Insurance Broking Accounts

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Overview

VIPR’s IBA system is a sophisticated IT solution designed to manage distribution costs amongst stakeholders through hyper-efficient data collection, collation and reporting. Its clever functionality means it can handle high volumes of bordereaux transactions, managing data quickly and accurately. With VIPR’s IBA, funds are effectively calculated and distributed, ensuring the correct payments are made to the right people.

Key Features

  • Partial Cash Allocations
  • Write offs and Contras
  • Pre-allocation of cash payments for approval
  • Full history of transactions and cash payments at the click of a button
  • Full reporting suite
  • Full audit, change recording and reporting
  • Create LPans, Credit and Debit notes
  • Full control of roles and permissions
  • Control of write off limits by role

Key Benefits

  • Import transaction data from backend or legacy party systems
  • Export ledger data to third-party systems
  • Comunitcate with bank accounts and other accounting systems
  • Ability to design your own reports and choose a besoke design service
  • Ability to export data in; Excel, CSV and supported databases (SQL Server etc)
  • Modern, intuitive interface that works on different devices (PCs, Laptop and tablets)
  • Fast and easy to use
  • Handles multiple currencies
  • Build, design and manage splits
  • Full 'Excel-like' search and filtering on ledgers
  • Efficient and logical user experience with information at your fingertips
  • Modular design means custom requirements can be added