Timely insurance billing ensures a steady cash flow. With Instec, you can automate workflows to schedule invoices, and define rules to automatically apply incoming payments.
Your customers want choices and so do you. Instec insurance billing software supports direct and agency billing, account billing and statement billing, and lockbox, EFT, or credit card payments.
Your policy administration system already contains client details and renewal dates, so why re-enter that data? Instec Billing Software is fully integrated with our policy management system, so billing is efficient.
When it comes to billing software, there’s no “one size fits all”. You need a billing system built for insurance. Instec Billing Software was conceived, developed, and tested by insurers, for insurers.
Karen Furtado Partner | Strategy Meets Action
Full-Featured Billing Software Instec Billing Software supports a wide range of payment plans, billing methods, and commission options, including direct bill, and the ability to configure installment plans.
Data Accessibility Easy access to the insurance data you need to manage your book of business, with numerous reports available out-of-the-box, including receivable aging reports, outstanding balances, and accounts in collection.
Self-Service Configuration Change payment plans or payment application rules for your custom products and programs, schedule invoices to meet your client’s needs, and add your company logo to generate branded invoices.
Fully Integrated Fully integrated with Instec Policy Admin Software, Instec Billing Software supports transactions throughout the policy lifecycle, and like Instec Policy Software, is cloud-based, so no new infrastructure is required.