Insurance&Tech_TLB_12.12.19

Finys Billing

Available from Finys

We built our Billing module with one objective: accurate automation. So, it integrates with policy admin systems to directly process new business, renewals, and amendments, including applicable premiums, fees, and taxes. It interfaces with payment gateways, credit card processors, EFT, and banks. Its flexible configurability enables quick implementation and easily variable payment plans, both of which improve speed to market. And its online accessibility makes it easy to use for agents, policyholders, and call centers.

The module manages notices relating to non-pay cancellations, underpayments, and other billing related activities, as well as providing:

-Support for a variety of billing types, including scheduled and equity
-Management of direct, account, agent, and mortgagee billing
-Suspension of billing at policy or account levels
-A single view of all customer billing information
-Account current and agency sweep functions
-Commission processing based on billing
-Paperless delivery of correspondence
-Multi-company support.

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