Billing & Payments
by Simfuni · Insurance core · Auckland, New Zealand
Premium billing and payment experience
What Billing & Payments does
- Keep every policy financially accurate
- Connect billing, collection and reconciliation
- Payment collection
- Flexible billing schedules
- Payment gateway integration
- Financial accounting
- Billing schedules that adapt with the policy
- Weekly, fortnightly, monthly and annual billing
- Direct debit and card payments
- General ledger transaction records
What Billing & Payments is used for
- Automate scheduled collections and payment processing
- Match incoming payments to policies
- Calculate premiums and instalments across billing frequencies
- Map payment transactions to general ledger accounts
Who Billing & Payments is for
- Insurers
About Simfuni
Cloud core platform for life insurers, covering policy servicing, billing, payments and claims automation.
Simfuni in the vendor registry: its products, features and similar vendors.
Also by Simfuni
- Core Platform: Life policy lifecycle administration
- Claims management: Automated life claims processing
- Insurance Business-in-a-box: Packaged operating platform for new insurers
More in this category: Insurance policy administration and claims software.
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