Billing System

A flexible system that automates the billing lifecycle for policyholders and handles end to end billing for all lines of business. Its easy user interface for policyholders and agents allows quick changes to billing plans and provides speed-to-market solutions by using a flexible workflow engine to configure billing workflows

Benefits

check Icon

Improved payment tracking

Improve ability to track payments so that uncollected premium payments can be traced to make effective billing decisions

check Icon

Optimize performance

Automate billing processing using custom workflows and rules to boost performance efficiency

check Icon

Increase service volume

Enhanced billing collection methods makes it possible to serve larger volume of customer requests

check Icon

Better customer experience

Make more efficient use of call time when following up on customer inquiries to provide better customer experience

Key Features

Invoice generation and tracking

Flexible rules to generate invoices and to track payments

Account and policy billing support

Ability to support account billing that combines billing for multiple policies

Payment methods

Support of handling payments from different sources including online payments, EFT transfers, checks and automated sweep payments

Refund processing

Provide a flexible process to handle refunds. Use configurable rules to adjust refund approval process

Fees

Ability to setup installment fees, late fees, pending cancellation and cancellation fees. Ability to write rules to also support write offs

Account transfer

Provide a way to transfers funds from one account to another

Get in touch

For a detailed list of features or to schedule a demo, please contact us by email sales@jarustech.com or phone (412) 922-5432