Insurance Receivables Reconciliation

Automate transaction matching between insurance provider GL and broker statements.

Key Capabilities

Sync insurance system data, including premiums, claims, and payments.

Integrates with the GL to pull corresponding data for insurance receivables accounts.

Categorize receivables data into debits and credits to facilitate efficient matching.

Identify patterns and rules for matching insurance transactions.

Match received premiums with outstanding ones and claims with submitted payouts.

Flag any exceptions or unmatched items for manual review.