The founders of ePayPolicy have had firsthand expertise of the operational pains of verify assortment and guide reconciliation in insurance coverage. It was this that led to the corporate’s first product, which concerned customizable, on-line fee pages that match with an insurance coverage firm’s model.
The {industry} is primed and hungry for digital funds and automatic back-office operations, in keeping with ePayPolicy, and Payables Connect is a pure subsequent step within the firm’s innovation drive, which has included the launch of CheckMate, an automatic verify reconciliation answer that additionally makes use of machine studying, in 2022.
Additional capabilities of ePayPolicy embrace industry-specific administration system integrations, customized API connections, community payables, and extra.
ePayPolicy’s buyer base has grown to over 6,500 insurance coverage corporations, and present and new clients alike can count on a number of new merchandise to comply with. Its aim is to proceed to streamline the accounts payable, receivables and disbursement expertise for patrons within the insurance coverage {industry}.