Insurance

Are you an accounts payable leader for an insurer that wants to:

• Support AP staff as they Work from Home
• Reduce the cost to process invoices received as paper or electronically (such as e-mail!)
• Accelerate invoice approvals to capture more early pay discounts
• Streamline the resolution of invoice exceptions
• Improve visibility into invoice analytics
• Reduces calls and e-mails from suppliers regarding the status of invoices
• Mitigate the risk of payment fraud

If so, the IPS AP automation solution can help.

Our cloud-based AP and invoice processing software delivers the capabilities that insurers need:

• Aggregate all paper and electronic invoices on a single platform for digital invoice processing
• Capture and validate invoice data, including header and line-item detail
• Match invoices automatically against purchase orders (POs) and delivery receipts
• Route invoices digitally for approval using your business rules, no matter where staff work
• Upload approved invoice data seamlessly into any ERP, including SAP, Oracle, NetSuite and more
• Provide CFOs, controllers and other users with anytime, anywhere access to invoice analytics
• Streamline the onboarding of suppliers with our cloud-based supplier management module
• Pay suppliers electronically with ACH or virtual card -- no need to cut checks in the office

Our technologies help insurers of all sizes gain an edge in a highly competitive industry.

Whether you want to migrate from a manual, paper-based process or refresh your existing AP technology, the IPS accounts payable and invoice processing automation solution can help!

IPS also offers digital transformation solutions for other applications: 

• Application processing
• New business onboarding
• Claims processing
• Case management
• Agency management
• Legal
• Human resources

Learn more about our AP automation and digital transformation solutions for insurers.