Insurance&Tech_TLB_9.23.19

Guidewire BillingCenter is a web-based enterprise application that coordinates, executes, and records receivables transactions for property and casualty insurance carriers.

Guidewire BillingCenter retrieves billing instructions from a policy administration system like Guidewire PolicyCenter, determines the amounts due on a policy or account, manages payments made by insureds, links these payments to the amounts due, and manages the commissions that are payable to agents from these receipts.

Built around generally accepted accounting practices, BillingCenter integrates with any General Ledger system and acts as the Accounts Receivable sub-system.

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