Extended Warranties
Premium Billing System ("PBS") is the most complete and trusted software system ever developed for the financing of extended warranties and vehicle service contracts.
With PBS, anyone in the business or contemplating the business of financing extended warranties can quickly and easily setup and service a loan portfolio using the PBS software. PBS can provide your premium finance warranty operation a number of basic functions including new account booking and funding, payment posting, customer service, e-payment options, online access for customers and dealers, extensive security system, reporting and many, many more functions.
Additionally, PBS can be configured with the following functionality:
- Recurring Credit Card Payment Processing
- Recurring ACH Debit Payment Processing
- Discount Schedule Pricing
- Automated contract import from your fulfillment provider
- Accounts Receivable module for aggregating disbursements and payment from dealers
- Scan external documents into the PBS imaging system
- Import lockbox files from bank-operated remittance processing centers
- Schedule Reports for automatic delivery to internal employees or external parties
- Take Historical Snapshots of the portfolio at any time
- Upload account data to a 3rd party collection agency
- Create multiple notice schema permitting different notices to different groups of dealers
- Set default values, upper and lower thresholds and rules for many fields throughout the system
- Set predefined reasons and description text for different processes
Click a link below to learn more about the Premium Billing System.
PBS Resources