SAP Insurance Collections and Disbursements enables you to manage premium billing and receiving. It maps all business processes related to these payments -- across all lines of business both in direct and broker collections -- to a central subledger accounting system. This helps provide a centralized view of all policyholders, brokers, and other business partners.

With SAP Insurance Collections and Disbursements, you have closer control of all areas related to financials. Executive dashboards support real-time analysis and decision-making. So you can reduce leakage, improve controls, and centrally manage and improve cash flow.

What's more, SAP Insurance Collections and Disbursements supports long-term payment management and multiple payment techniques. User- and role-based security ensures that all payments are appropriate. Management tools enable you to control costs through vendor-level review of spend across claims

SAP Insurance Collections and Disbursements supports agency, account current, and direct bill processing for all lines of business. The ability to household accounts allows you to minimize collection expenses while maximizing customer satisfaction. The application also supports flexible billing rules, plus a broad range of collection methods such as credit card and electronic funds transfer. So you can minimize negative-equity issues and maximize cash flow.