An electronic invoicing and payment application system designed for carriers has been introduced by Benefitfocus.com Inc., a Charleston, S.C. provider of enrollment and benefit programs.
According to Shawn Jenkins, CEO eBilling integrates with Legacy and enrollment systems to provide a full-circle billing process. The new product features Web-based invoicing, automated reconciliation and online bill pay.
According to Jenkins it combines robust capabilities with a simple intuitive interface designed to streamline processes, lower costs and improve cash flow. It can rapidly transmit changes in benefits and generate accurate, timely billing statements. Jenkins estimates by replacing slow, error-prone paper processes, it saves insurers an estimated $9.50 for every invoice generated.
Was this article valuable?
Here are more articles you may enjoy.
Brightline Lands $350 Million Assured Loan in Case of Bankruptcy 
Viewpoint: How Federal Ban on Intoxicating Hemp Products Will Reshape Risk, Coverage 
Washington Commanders Player Scores Workers’ Compensation Win 
GEICO Avoids Class Action Over Totaled Vehicle Payouts in New Jersey From This Issue
