Sapiens BillingPro for P&C

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Overview

Sapiens BillingPro for Property & Casualty (formerly Adaptik Billing) 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

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

Product/Service details