BriteCore features an advanced billing and accounts receivable module that works in combination with payment processing, premium accounting, reporting, and settings to manage the entire billing and payment lifecycle of a policy.
Our system automates and supports your desired workflows for processing invoices, non-pay notices, cancellations, renewal invoices, NSFs, and reinstatements in or out of sequence. We support a wide range of billing practices such as combined billing (link), equity billing (link), and hybrid billing (link).
Our accounting module is protected by over 18,000 automated system tests that run nightly to verify that the system is generating balances and producing documents as expected.
Printing occurs during our nightly processing so that all billing-related deliverables are ready for packaging at the start of your business day. For your convenience, BriteCore prints billing statements by policy number or group number so your mailing documents can be assembled together quickly and easily.
Our billing module is tightly integrated with BriteCore’s document management system to ensure all invoices and notices are:
Our billing system supports real-time processing and balancing through BriteCore and BriteQuote, allowing both internal staff and agents to make payments and view up-to-date invoices and account balances.
BriteCore allows you to manage payment methods and schedules for each policy. At the granular level, you can determine when customers get billed, how bills are delivered, and who receives the bills. You can also specify which payment methods customers can use to pay their bills.
BriteCore accepts payments in the form of cash, check, money order, credit card, or ACH. The system also allows users to set policies up on auto-pay so that funds can be scheduled to automatically withdraw from a payor’s account on a per-installment basis.