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.
Interfaces
- 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.