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Insurance Solutions


Module: Bill Management

Key Features
  • Efficient customer-centric billing services
  • Configurable, rule-based processing.
  • User definable bill plans
  • Three different billing types: Policy Billing, Account Billing and Group Billing
  • Automating calculations and notifications based on user-defined criteria
  • Simplifies dealing with overpayments, underpayments and overdue payments
  • Automatic distribution of notices to appropriate parties, including
  • Statement of accounts
  • Direct bill invoices
  • Notice of withdrawals for EFT
  • NSF notices
  • Registered cancellation notices
  • Underpayment notices
  • Bank account and credit card rejection notices.
    • User definable billing plans - both company and agency bill
    • User definable fees and surcharges
    • User definable cash distribution rules
    • Automatic calculation of policy equity date and legal cancellation date
    • Automatic adjustment of future installments by endorsement transaction
    • Automatic distribution of notices of cancellation, rescission, invoices, etc.
    • Receivables
      • Batch Cash Receipt Entry Single
      • Policy Cash Entry
      • Billing Statement Display
      • Correction of Incorrectly Posted
      • Cash
      • Cash Suspense for Non-Issued Policies
    • Payables:
      • Agent Commission Checks
      • Return Premium Checks
      • Claims Payment Checks
      • 1099 Information Tracking

    Home > Solutions:
          Policy Administration
          Claim Processing
          Agency Management
          Workflow Management
    Insurance Standards Support & Affiliations


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