Billing Center
Support Flexible Billing and Payment Operations
Insurance billing involves payment schedules, invoices, account balances, collections, commissions, and customer payment enquiries. Guidewire BillingCenter is designed to help property and casualty insurers manage billing processes through configurable workflows and account-level visibility.
By organising billing information and supporting different billing arrangements, the application can help insurers coordinate financial operations and provide policyholders with more convenient payment experiences.
Key Features of BillingCenter
Billing Account Management
Organise billing information and relevant account transactions.
Flexible Billing Plans
Support applicable billing arrangements and payment schedules based on configured rules.
Invoice Management
Support invoice creation and billing document workflows according to the implemented process.
Payment Tracking
Maintain visibility into payments, account balances, and amounts due.
Collections and Delinquency Management
Support workflows for monitoring overdue balances and managing collection activities.
Commission Management
Support applicable agent or broker commission processes according to the configuration.
Billing Adjustments
Manage authorised account and billing changes through defined business workflows.
Integration Capabilities
Coordinate billing processes with policy administration, payment services, and other connected systems where supported.
Typical BillingCenter Workflow
Relevant policy and billing account information is received.
A suitable billing arrangement is applied.
Invoices or payment requests are generated according to the configured process.
Payments are recorded through supported workflows or payment integrations.
Outstanding balances and overdue accounts are monitored.
Permitted adjustments and account updates are processed.
Business Value
More organised billing operations.
Better visibility into accounts and outstanding amounts.
Support for different billing and payment arrangements.
Improved coordination with policy administration.
Opportunities to automate routine billing activities.
Discuss Billing Technology Requirements
Contact Mahem Technologies to discuss insurance billing technology, software development, integration, or testing requirements. Available services and delivery scope will be confirmed individually.
Billing functionality depends on the product version, configuration, integrations, and business processes.
