FINEOS and New York Life Group Benefit Solutions Issue Digital Transformation Case Study
Development of end-to-end future-ready SaaS core system revolutionizes employee benefits industry (ATLANTA) The ...
Read MoreFINEOS group billing software is a complete premium billing and reconciliation management solution for Life, Accident and Health insurance that supports all product types and billing models. By automating and streamlining key processing steps associated with complex billing management, our insurance billing system empowers insurers to quickly adapt their solution to support new insurance products and business processes with minimal IT involvement.
Our group billing solution provides billing analysts with a simplified, consolidated view of the full bill lifecycle for a more complete picture of each customer. Built on the FINEOS Open Core platform, our billing software can be implemented as a standalone insurance billing management solution or as part of the FINEOS AdminSuite, to help insurers reduce operational costs and improve customer service.
Development of end-to-end future-ready SaaS core system revolutionizes employee benefits industry (ATLANTA) The ...
Read MoreFINEOS Billing is a complete software solution designed to support the insurance billing system and premium ...
Group insurers are facing several challenges, including a competitive market for group life and voluntary ...
New York Life Group Benefit Solutions teams are empowered to focus on customers instead of systems administration ...
Billing management software is designed to support the insurance billing system and premium reconciliation processes for Life, Accident and Health insurance products. Purpose built for the Employee Benefits market, FINEOS Billing provides a solution that supports policies at both the group and member level.
Some key features of a billing management solution for Life, Accident and Health insurance should include full integration with third-party applications, easy to access client information, flexible billing plans, multi-pay point billing, interactive reconciliation between carriers and clients with shared dashboards, analytics-driven workflows and reconciliation management tools. Read more on FINEOS.com.
Through robust search capabilities, view client information instantly through the billing analyst dashboard and improve collaboration with your clients. You can trigger reviews and management of delinquencies and discrepancies thru dynaminic AI-driven workflows.
Billing management software allows users to unify all billing and reconciliation processes under a single system. Billing management solutions can configure billing options to provide summary and member premium calculations, selective prioritization of billing interventions, itemized bill generations and voluntary payroll deduction reports. Read more on FINEOS.com.
An insurance billing management solution should be highly configurable and scalable to accelerate business growth and include component-based APIs that are used to support customer interactions and transactions through the entire policy lifecycle. A billing management system like FINEOS Billing is designed to run as a standalone solution or part of an integrated cloud platform, like SaaS. Read more on FINEOS.com.
Our premium billing and reconciliation management solution is designed to provide increased accuracy which in turn reduces the number of billing related errors and insurance premium discrepancies. FINEOS Billing is a trusted and compliant platform to support the most stringent security and regulatory requirements.
FINEOS Billing management systems help improve your cashflow with proactive receivables management and instant visiblity with platform updates. Escalated assignments for delinquencies and complex billing inquiries reduce premium leakage and increase the likelihood of successful resolution. Read more on fineos.com.