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Collections and Disbursements
Drive efficiency, visibility, and customer satisfaction
Managing collections and disbursements is a complex and crucial task for insurance firms. With the rise of digital insurance, the ability to connect with third parties and tailor processes for diverse billing requirements is key.
Our Collections and Disbursement (FS-CD) platform has been proven over decades of implementation, delivering insurance-specific mass data processing of payments efficiently and flexibly. Covering end-to-end premium billing to receivables management, insurers can to drive customer satisfaction through flexible invoicing, faster responses, and composable self-service options.
- Unified invoicing and payments view
- Third-party collection for all validation, invoicing and payment processes
- Integrated, centralized collections
- Flexible, standardized, platform-agnostic integration
- Transparent audit trail and reconciliations
- Powerful big data functionality
Proven results across hundreds of insurance companies
overheads savings after
faster reconciliation with
general and subledger
Accounting, billing, and customer service
Centralize billing, streamline business processes
FS-CD delivers efficient operations with low transaction costs and state-of-the-art customer service. Our single system consolidates financial transactions, integrating systems for better data management, reducing errors and manual interventions. With greater control, insurers can drive increased working capital, reduced financial risk, and lower collections costs.
Customer-focused collections management
Deliver superior billing experience with a platform built for flexible, customer-oriented collections management. Our software supports account-current, direct-bill, and broker-statement-bill and more, according to customer needs. With simpler operations, insurance companies can retain key policyholders, agents, and brokers, combining transparency and faster service to protect client trust and deliver a superior experience.
Cut total cost of ownership
Simplify your systems, connecting existing billing and CRM systems for consistent, real-time data sharing. Our collections and disbursements software (FS-CD) is built to scale, ready to handle large volumes of financial transactions without sacrificing speed, with no need for custom development – everything you need works right out of the box.
With over 200 installations, Collections and Disbursements
(FS-CD) is the world’s leading billing and payments system, delivering efficiency and innovation at scale.
Tobias Mangei, Product Owner – Collections and Disbursements, SAP Fioneer
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