Configurations

Billing and Collection enables you to simplify your billing and collection operations. Invoicing is automatic only. Invoices are constantly generated into your system for all your insurance products that are in Active status.

You can also configure Billing and Collection to deal with payments received from different sources or systems - such as online payment processors, bank payment orders, etc. The solution lets you process different types of payments, manually or automatically. For payments that respect some rules, the allocation flow is also completely automated.

Check the following pages to find out more about how this solution works:

• Flow Parameters and Scheduled Jobs - for details about the parameters and jobs that control the behaviors of the Billing and Collection solution.

• Import Bank Statements - for details about how bank statements are imported in the system.

• Incoming Payments - for general details about how incoming payments are handled by the system, and also:

  • Invoice Generation

  • Automatic Allocation

  • Manual Allocation

  • SEPA Direct Debit

  • UK Direct Debit

• Outgoing Payments - for general details about how outgoing payments are handled by the system, and also:

  • Outgoing Payments Admin

  • Outgoing Payment Allocation

  • Manual Outgoing Payment Requests

• Billing and Collection Endpoints - for details about dedicated APIs.

• Security Roles - for details about the security roles that come predefined with the solution.

• Digital Assets - for descriptions of the Billing and Collection digital assets.