Is your insurance billing and accounts receivable team unable to cope up with the huge volume of work? Are you unable to get highly accurate and error-free billing and accounts receivable services due to the lack of resources and the latest technologies? Then, the right step for your organization to take would be to outsource insurance billing and accounts receivable services to an experienced service provider.
Outsource2india is one such service provider who can be your one-stop-shop for all your insurance billing needs. We leverage the latest and the best insurance billing tools and technologies which ensure that all your finances are on track and are monitored regularly. We have a highly qualified and trained team of financial experts who can cater to all your needs with ease.
Insurance Billing and Accounting Services We Offer
Outsource2india has been catering to the needs of insurance agencies and companies for over 24 years now. We believe in following a streamlined and systematic process while delivering exceptional services. We make use of the latest insurance billing and AR tools and technologies while providing the services to our global clients. Some of the key services we offer include -
- Calculating the different premiums and other government charges that may be involved in insurance policies
- Preparing the AR reports and track the receivables on the carrier’s behalf
- Entering the AR transactions into the system and provide periodic statements to the shareholders
- Generating the insurance invoices in the desired format using the insurance carrier’s internal accounting system
- Maintaining the AR ledgers, disburse amounts to the individual customer accounts, and resolve any kind of issues that may arise
- Generating invoices which categorize the different reports and provide the tax break up and the commission to agencies/insurers/brokers
Outsource2india’s Loss Run Processing Process
We are one of the leading providers of insurance billing and accounts receivable services to global clients. Hence, we have the responsibility to provide our clients with the best possible services within a quick time. This is made possible by following a systematic and streamlined process. The key steps involved in our process are -
01. Establish Credit Practices
In the first step, we help you develop a credit application process. We can help you set up the entire methodology and develop the terms and conditions
02. Invoicing Customers
In the next step, our team can help you with invoicing the customers. We can either send electronic or paper invoices depending on the client’s preference
03. Tracking AR
Our team at O2I can help you track the account receivable. We can key out the amount deposited and enter into the AR system and allocate it to an invoice
04. Accounting for AR
We establish the due dates of the payments and identify unpaid debts and can also help you with making journal entries to record the sales
Other Service You Can Benefit From
Why Choose O2I for Insurance Billing & Accounts Receivable Services?
Outsourcing insurance billing and accounts receivable services to Outsource2india can provide you with a series of advantages. Some of the key reasons for you to choose us include -
Working with us for insurance billing and AR services is highly cost-effective. We provide our clients with highly affordable pricing packages which will suit their business requirements and the budget perfectly.
We understand the importance of the support of good infrastructure while delivering quality services to the client. We have access to the best infrastructure in terms of the latest tools and technologies and world-class office spaces.
Experienced Insurance Experts
We provide our clients with the best quality and error-free insurance billing and AR services. This is made possible by our expert team of insurance agents and veterans from the industry who can cater to any of the client’s needs.
Once you decide to outsource your insurance billing project to us, we will assign a dedicated manager who will be the single point of contact for all your needs. This manager will keep you updated about every project development.
We take information security very seriously. We are an ISO/IEC 27001:2013 ISMS certified organization. This ensures that all your insurance related data is kept safe completely from unauthorized access.
Highly Scalable Solutions
Our team of insurance experts has the required bandwidth and resources to scale up the service requirements whenever the need arises. We can ramp up the number of resources on the project as and when the client needs it.
Short Turnaround Time
Our insurance team operates from different delivery centers spread across the globe. This provides us with a time zone advantage and the ability to provide services within a quick time without compromising on the quality.
Round the Clock Support
We provide our clients with round the clock support. All our team members including the sales, marketing, call center, and project managers are available at all times to answer your queries via email or phone.
Error-free Billing Services
Being a leading insurance billing and AR service providing company, we believe in delivering only the best quality services. We are an ISO certified organization which ensures that all the services we deliver are of the highest quality.
Client Success Story
Insurance Back-office Solutions to a Leading Insurance Agency
A leading health insurance agency was looking for a reliable service provider who could help them with back-office operations. Our team provided the services within a quick time.Read more
Insurance Back-office Operations for Miami-based Client
A well-known Miami-based insurance agency was looking for a partner who could help them with insurance back-office operations. Our team provided them with cost-effective services.Read more
Outsource Insurance Billing & Accounts Receivable Services to Outsource2india
Outsource2india has been a pioneer in providing quality insurance billing and accounts receivable services in India and a series of other insurance back-office support services to global clients. We have one of the best and most qualified teams of insurance experts who can cater to any of the client’s needs with ease. We leverage the latest insurance billing and AR tools and technologies while delivering services within quick turnaround time.
Are you looking for an error-free insurance billing and accounts receivable service provider? Then you have come to the right place. Get in touch with us today!