Insurance

The best AP automation system for insurers.

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.

The IPS AP automation and invoice processing solution empowers insurers of all sizes to achieve operational and financial benefits while strengthening stakeholder and supplier relationships.