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Account Bill- The comprehensive web-based Account Bill application supports FIS’ equip® Policy Processing application
or can be integrated to existing legacy policy systems. The Account Bill application allows carriers to organize
and maintain multiple policies across lines of business with different effective and expiration dates making it easier
for the insured to understand their billing statement.
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- The system automatically assigns the account number and establishes the account relationship in the policy processing
system with default values of Direct, Insured, Full Pay, and Cash. These values are easily maintained in tables and can be modified by
your accounting department.
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Features and Benefits- • Automates the billing cycle
- • Designed to accommodate flexible billing and payment plans
- • Enables rapid integration with external accounting systems
- • Supports single, multiple and split policy billing
- • Integrated search feature to the policy processing system to find account numbers
- • Easy online cash entry
- • Ability to apply "Misapplied Cash" online
- • Ability to apply "NSF"
- • Ability to process "Cash Reinstate" transactions
- • Interfaces to carriers accounting system for generation of refund checks
- • Generates Bills/Notices
- • Scheduled process can be immediate or set for nightly transactions
- ° Email notification of errors during process
- ° Email notification of successfully processed accounts
- • Online Reports
- ° Accounting Register
- ° Cash Deposit
- ° Cash Disposition
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