Automate and streamline

FINEOS Billing 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, FINEOS Billing empowers insurers to quickly adapt their solution to support new products and business processes with minimal IT involvement.

FINEOS Billing 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, FINEOS Billing can be implemented as a standalone solution or as part of the FINEOS AdminSuite, to help insurers reduce operational costs and improve customer service.

Create more efficient billing teams

  • Integrated workflow
  • Simplified, exception-based environment
  • Streamlined billing practices through a single platform

Reduce premium leakage

  • Enforces accurate data capture
  • Real-time, collaborative review
  • Automated escalation workflow

Provide a better customer experience

  • Manages both insurer and self-administered billing models
  • Supports all common billing modes and frequency, including multi-pay point billing
  • Shared dashboards between you and your clients

Enable collaborative resolution

  • Integrates with multiple third-party systems
  • Addresses separate bill presentment per line of business, and duplicate bills
  • Reduces bill discrepancy resolution timeframes

Resources

FINEOS AdminSuite Datasheet: Billing

FINEOS AdminSuite Datasheet: Billing

FINEOS Billing is a complete premium billing and reconciliation management solution, designed and delivered to ...

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Novarica Report: Overcoming the Challenges of Life Insurance Billing

Novarica Report: Overcoming the Challenges of Life Insurance Billing

Group insurers are facing several challenges, including a competitive market for group life and voluntary ...

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FINEOS White Paper: Disruption in the Employee Benefits Market

FINEOS White Paper: Disruption in the Employee Benefits Market

The intersection of changing regulation, employer cost pressures, and the rise of consumerism is creating ...

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FINEOS AdminSuite

FINEOS Absence

  • Integrated with FINEOS Claims
  • Covered paid and unpaid leaves
  • Simplifies compliance
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FINEOS Billing

  • Combined or separate bills
  • Reduced billing leakage
  • Automated cash application
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FINEOS Claims

  • Provides straight-through processing
  • Increases accuracy and compliance
  • Covers payments and return to work
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FINEOS Payments

  • Automated
  • Accurate
  • Payroll Continuity
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FINEOS Policy

  • Set up cases quickly
  • Service all tiers and admin modes
  • Connect to digital ecosystem
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FINEOS Provider

  • Drive outcome-orientated engagement
  • Manage service approvals
  • Accelerate rehabilitation and return to work
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