Collections & Disbursements
Our Collections and Disbursements solution offers efficient support for payment and collection processes across all departments. This flexible system enables you to offer your customers optimal service in the settlement of policy receivables and damage payments.
Optimised process support due to flexible and user-friendly wizards for workflow management
- Simple configuration, catering for financial settlement against specific products and target groups – enabling a full customised service.
- Optimised process support due to flexible and user-friendly wizards for workflow management and business rules, ensuring a fast and efficient service to all your customers.
- SEPA compliant; the software meets the SEPA standards for European transfers and collection.
Efficient support for payment and collection processes across all departments
The system supports:
- Processing policy receivables (including their collection), issuing payment demands, withdrawing coverage on a policy and transferring a receivable to a debt collecting agency
- Making damage payments
- Administration of accounts with the amounts to be collected, to be paid, and the amount recovered and paid
- Creating collection orders and payment orders and issuing these to the bank
- Processing bank statements