in'Revenue Management

Overview

Providing the best customer service is essential to developing and maintaining long-term customer relationships and satisfying the agents and brokers that manage those relationships. VALOORES’ Insurance Revenue Management and Billing solution delivers a best-in-class solution that is functionally rich, easily upgradeable, and highly efficient for insurance companies of all sizes and lines of business. Built-in business process management tools provide the reliability necessary to ensure precision billing. Managing receivables with brokers and agents is critical for an insurer’s success in maintaining good relationships and improving service to producers. Reduced manual intervention and automated discrepancy resolution rules help improve turn-around time in bill and/or statement finalization. VALOORES’ billing solution comes with advanced business rules governing account current reconciliation processing and automated discrepancy resolution.

Key Features

  • Streamline and automate operations.
  • Web portals for customers and agents to access services directly.
  • Automate reconciliation of Accounts Current, reducing the manual effort involved.

Key Benefits

  • Support multiple lines of business, products and services.
  • Support multiple distribution channels, including captive agents, independent agents/brokers and wholesalers.
  • Manage high-volume billing and improve customer relationships.