Guidewire®

BillingCenter Features

BillingCenter features a solid double-entry accounting core, complete transaction reversibility, tight integration with PolicyCenter, external user support - independent agents and insureds, and sophisticated customization of processes based on plans. BillingCenter is designed to integrate with accounting and general ledger systems, and comprises the accounts receivable sub-ledger.

BillingCenter includes:

Flexible billing method

• Direct bill and agency bill;
• Account level bill; and
• Configurable payment plans.

Receivables management

• Track commissions, fees and waivers;
• Equity dating - avoid collections by canceling at the right time; and
• Delinquency management and collection support - automatically cancel and reinstate.