Enable efficient billing and settlement in insurance operations
Automate your business processes and enable integration with operational insurance systems and back-office applications, such as the general ledger, with SAP software for billing and payments. Our software lets you keep pace with legal and business changes with a state-of-the-art, single-system processing solution. You can completely integrate your processes, rapidly comply with new statutory regulations, and meet customer expectations for billing and payment services.
Enable efficient billing and collections in insurance operations
Make billing and collections procedures more efficient by automating and bringing together your front- and back-office processes and systems across all lines of business. By fully integrating and centralizing billing and collection activities, our software lets you:
Handle payments more accurately
Optimize credit control
Offer self-service billing and payment options to decrease transactional costs
Lower the costs of making outgoing payments by automating and integrating front- and back-office processes and systems. Our software supports a single, unified system to run payment handling, decreasing the need for manual transactions and associated costs. This centralized system enables you to:
Offer self-service billing and payment options
Reduce transactional costs
Gain a full view of your customers while improving customer sentiment
Process reconciliation and payments more accurately
Support the full billing cycle by automating broker report processing and integrating reconciliation activities into sub- and general ledgers and payment processing. Our software facilitates billing activities and helps reduce reimbursement errors and effort. With our software, you can:
Shorten reconciliation cycles
Increase the accuracy of reconciliation and payments
Cut transaction costs and reduce paper-based processes
Centralize collections and disbursements to avoid premiums and revenue loss
Unify and centralize collections and disbursements in a modern technology platform. Full integration with general ledger systems enables non-disruptive, end-to-end business processes that make business process automation possible. With our software, you can:
Consolidate collection and disbursement activities and reduce transactional costs
Reimagine the way you do business with SAP Digital Business Services
Businesses everywhere are transforming into digital enterprises – but it’s not always that easy. SAP Digital Business Services can help guide your transformation journey every step of the way, from strategy to technology implementation and beyond.
Our experts take a holistic approach, helping you identify and implement new processes and capabilities while ensuring your operations continue to run smoothly. We’ll work to make sure your SAP software delivers ongoing, unsurpassed value as you address the evolving demands of the digital economy.
Get the support you need to efficiently implement and operate your SAP solutions – and take advantage of new technologies. We offer a range of support services, from foundation level to strategic engagement and co-innovation.