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Admin Systems Value 

SurePower  Innovation enabled  450% policy count increase with 30% fewer support staff.

 

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Payables Automation

SurePower Innovation's Payables Module completely automates payment processing and bank account management, from check issuance to electronic payments, for all departments. The module provides all interfaces and connections required for clearing and non-cashed check processing.

The pre-integrated approach consolidates payables management, providing consistency and control across departments and eliminating the need for multiple payment issuance systems or authorization mechanisms for issuance (as with a system composed of multiple vendor solutions). The Payables Module simplifies the oversight needed to ensure that only authorized and secure issuance of checks and other forms of payment are made.

Payables Managed:

  • Claims Payments
  • Third-party Payments
  • Commission Checks
  • Return Premiums

Key Features:

  • Electronic Interface for Bank Statement Clearing*
  • Positive Pay Capability
  • Void & Stop Payment Support

 * including payment clearing and processing of uncashed checks

Comprehensive Functionality

  • End-to-End Pre-integrated Policy Automation System
  • Easy Integration with Third Party Point Solutions & Content Providers
  • Automated Workflows, Straight-through Processing
  • Rules-driven
  • Role-based Permissions
  • Document Management, LDAP-based, Easy Archive Retrieval, Batch & Electronic Delivery
  • Integrated Correspondence
  • Production of All Output
  • Automated Underwriting
  • Integrated Claims
  • Accounting
  • Billing
  • Payables
  • Consumer Self-Service & Direct Purchase Portals
  • Agent Portals
  • Integrated Data Warehouse & Data Marts
  • Integrated Cross-company & Cross-line Reporting

» More P&C Automation Functionality

Lines of Business

  • All Major ISO Lines, 50-State Capable
  • Commercial Lines
  • Personal Lines
  • Speciality Lines, e.g. Professional Liability Surplus & Excess

Products are fully functional, ready for you or ISCS to configure to your company's specifications.

» More P&C Business Lines

Modern Technology

  • True Service Oriented Architecture (SOA) throughout
  • Model Driven Architecture
  • JAVA, platform/database independent; AJAX, Flex
  • True Web-based Platform, not simply a Web front-end
  • Open Standards-based, including XML, ACORD XML
  • Licensed In-house Option & Hosted/ASP Model Option
  • Cloud Computing Ready
  • Source Code Available

» More P&C Insurance Technology