Product/Service

Billing 4

Source: Adept Technologies, Inc.
Billing 4 can be used as an independent Billing system that can be interfaced to your policy processing systems, or may be used as an integrated module in the I.C.E. 5 product suite.
Billing 4 can be used as an independent Billing system that can be interfaced to your policy processing systems, or may be used as an integrated module in the I.C.E. 5 product suite. All business logic within the billing module is versioned and date driven.
  • Various methods of payment: cash, credit card, debit card, checks, payroll deductions, EFT, drop box
  • Custom billing plans to your business rules and marketing strategies (e.g., weekly, biweekly, monthly, semi-monthly, full, 40/3/30, 50/50, etc)
  • Fees and taxes: simple or multiple types, variable application to your requirements
  • Payment allocations: use default position or customize as required
  • Marketing strategies: individual policy, client based, or group based

Customer Support Desk

  • Remote access
  • Custom search and data summaries
  • Custom views (e.g., Collection information by client, account, policy term, item)
  • People and organizations stored once and easily accessible for all activity
  • Schedule define via your business rules
  • Delineation per schedule of premium, tax, fees
  • Manual intervention subject to your rules of access and authorization, including full suite of collecting payments and override of scheduled installments
  • Real time update with validation, insuring accurate data
  • Midterm billing plan changes independent of policy
  • Diary/follow-up (automatically and manually established)
  • Full support of exception handling
  • Desktop integration
  • Collection based on type of billing, operator and business rules
  • Full history and audit

Full Financial Transaction Processing

  • Fully automated collection process with manual ability to handle all service issues
  • Minimal work; done once, done right!
  • Audit trail and balancing
  • Paid as pulled and/or paid as reconciled as appropriate by method
  • Unique workflow for down payment handling
  • Security and access control

Interfaces
  • Integration with your policy system (e.g., cancellation messages)
  • Export and import of data to and from financial institutions, regulatory bodies, legacy systems, data warehouses and external information providers
  • Group payroll administration
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    Adept Technologies, Inc., 2020 Brice Road, Suite 220, Reynoldsburg, OH 43068. Tel: 614-864-9680; Fax: 614-864-9687.