Modernized Billing Management for Insurers
Sapiens CoreSuite BillingPro is a cutting-edge billing software designed specifically for Property & Casualty insurers. It offers automated billing management that is both modern and configurable, featuring advanced business rules and digital capabilities. This software empowers insurers to provide individualized billing experiences to their customers by supporting new and emerging payment methods and workflows, ultimately enhancing the overall customer experience.
Comprehensive Lifecycle Management
One of the key features of Sapiens CoreSuite BillingPro is its lifecycle management capabilities for all Property & Casualty lines of business and billing types. It offers flexible payment plans with the ability to easily update payment arrangements. Furthermore, the software facilitates omni-channel payments and communications, ensuring a seamless and convenient billing experience for both insurers and customers.
Streamlined Operational Efficiency
Sapiens CoreSuite BillingPro significantly streamlines Property & Casualty insurance billing operations. It ensures process consistency and automated premium management, handling tasks such as taxes, commissions, discounts, surcharges, and fees efficiently. By automating billing and payment processes, tracking transactions in real-time, and accurately managing all associated fees, the software reduces billing leakage and collection timeframes for insurers.
Advanced Accounting Dashboards
The software provides insurers with intuitive dashboards that offer 360° visibility into billing, collection, and payment activities. These advanced accounting dashboards enable users to drill down into billing details with single-click access to information, enhancing operational efficiency and reducing costs. Ultimately, this leads to increased customer satisfaction and improved user experiences for agents and customers alike.
Complementary Products and Solutions
In addition to Sapiens CoreSuite BillingPro, Sapiens offers a comprehensive set of solutions to fully automate the insurance landscape. From automated policy administration with PolicyPro to full lifecycle claims support with ClaimsPro, insurers can leverage a range of products to optimize their operations. CoreSuite, an insurer-centric cloud-first solution, along with DigitalSuite for digital engagement, further enhance insurers' capabilities to meet evolving business and customer needs.