Oracle Insurance Revenue Management and Billing

Oracle Insurance Revenue Management and Billing is a modern, rules-based system for billing, payment, and collections that increases revenue opportunities while reducing costs; improves customer service; provides sales channel support; handles large group billing; and consolidates billing infrastructure.

Key Modules:

• Billing — Supports both traditional and electronic processing of invoice and statement generation, payroll deduction process, and account current processing
• Payment — Supports both traditional and electronic payment formats, including EFT, cash, check, credit and debit cards, lockbox, and more
• Collections — Provides sophisticated collections functionality to manage collections rules and processes, through dunning to receivables