Ventiv Billing

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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



Product/Service details