Fiserv Advanced Billing

Java-Based, Insurance Billing System

Offer customers flexible billing plans while your company enjoys the benefits of Web-based billing, including:

  • Centralized maintenance of business changes
  • Improved distribution channel relationships
  • Flexibility to add new components and services without disrupting existing functionality

Fiserv Advanced Billing is an open-architected, platform-flexible system utilizing J2EE standards.

Improved Accounts Receivable Capabilities

Users have online, real-time capabilities for processing functions. System features include:

  • Agency Reconciliation
  • Electronic viewing and payment
  • Application Tracking
  • Checks Pending -- a staging area for check request export
  • Receivable Processing
  • Cash Processing
  • Electronic Funds Transfer (EFT)
  • General Ledger
  • Many Standard Reports
  • Notes
  • Work Manager for the attachment of Reminders

... and much more. The system supports personal and commercial lines of business in any combination: agency, account, and group/special billing, even with different effective and expiration dates.

Installment notices provide detail of all activity on an account. Fiserv Advanced Billing offers adjustable due dates. Table definitions determine the type and frequency of billing notices.

Integrated or Best of Breed Insurance Billing

Use Fiserv Advanced Billing with your existing policy and claims systems, or implement it as an integrated solution with our web-based Policy STAR and Claims Workstation systems.

Automatically included in this insurance billing system are:

  • Client CORE®: An integrated view of your customers that includes names, addresses and relationships
  • Setup and Configuration: Screens that set payment plan variables or system responses to processing — such as how to spread endorsements or defining the location of import/export files, for example.

Would you like to learn more? Contact us today, or register for a free, no-commitment webinar to learn more about Fiserv Advanced Billing.