Majesco Billing for P&C
The “Age of the Customer” is shifting billing from a financial transaction to a customer-centric engagement opportunity. Billing is increasingly recognized as a strategic opportunity to create the ideal customer experience that drives customer engagement, loyalty, and retention. It is on the front-lines for establishing insurers as the go-to source for convenience and trust.
A modern enterprise billing platform is foundational to achieving increased customer engagement, customer satisfaction scores and renewal rates while improving cash flow. Majesco Billing for P&C enables this by supporting all P&C lines of business through a broad array of billing types – Direct, Customer Account, Agency Statement, Agency Account Current, Wholesale, List/Payroll Deduction and Deductible Billing, among others.
And as new innovations and capabilities emerge, and customer needs and expectations evolve in today’s digital age, you need to be 100% confident your enterprise billing platform has the flexibility and agility to fully accommodate them.
That is the power of Majesco Billing for P&C.
Insurance Billing Platform Capabilities include:
- Support for all bill types
- Compensation management
- Reporting and advanced analytics
- Electronic bill presentment and payment
- Portal and mobile access
- Flexible configuration
- Advanced moratorium support for the unexpected
- Enhanced digital customer and agent experience
- Cross-selling opportunities
- Support for rapid new product and service launches
- Streamlined billing operations and reduced costs
- Improved cash flow
- Reduced daily sales outstanding
- Innovative EcoSystem capabilities
- Cloud Ready