
Billing &
Premium Accounting
BindExpress Billing is a web-based solution which handles your receivable and billing needs. BindExpress Billing supports a wide variety of pay plans and handles all payment receipt exceptions including short pays, overpayments, and endorsements. All bill plans, taxes, fees, surcharges, and pay-plan charges are easily configured through product configuration. BindExpress billing supports EFT, recurring credit card payments, as well as bulk payments.

Key Strengths:
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Flexible insurer defined pay plans with table-based configuration setup
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Configurable responses for installment adjustment based on short-pay, over-pay, endorsements, etc.
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Supports electronic insured payments, including recurring credit card and ACH (EFT)
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Provides enhanced controls for capturing batch receipts
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Enhanced Unapplied Cash handling features with direct system refund capabilities
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Supports commission processing on a written, paid, or collected basis
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Users can change payment plan with just a few clicks, effective immediately.
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Collect payments by cash, credit card, EFT, agency sweep – any available method.
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Bill tolerance features reduce “nuisance” clerical work:
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Small amounts due can automatically roll forward (exceptions for final bill)
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Auto write-off if the amount due is less than $“X”
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Roll forward amount due to renewal
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Supports all Commission types, including:
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Paid basis
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Written basis
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Invoiced basis
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A library of canned reports, including multiple reports for:
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Direct, In-Force, and Advance Premium
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Accounts Receivable
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Cash Controls
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Check Registers
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Commissions
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Written Tax, Fees and Surcharges
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All reports segregate data by company, important, e.g., to reinsurance auditors and MGA’s who write for multiple markets.