|
System Overview
|
PBS Technical Datasheet
|
Premium Billing System (“PBS”) is the most advanced software system ever developed for the premium finance industry.
With PBS, anyone in the business or contemplating the business of premium financing can quickly and easily setup and service a loan portfolio using software that until recently was only available to the largest players.
PBS contains all of the basic functions of a premium finance company including:
|
|
|
|
New Loan and Additional Premium Quoting
New Account posting
Loan Funding
Payment Posting
Customer Service Screens
Loan Adjustments
Extensive Agent, MGA & Carrier databases
Reporting
|
General Ledger
Multiple portfolio support
Regulatory Rules and Guidelines
Online access for customers & agents
Electronic payment options
Security
Extensive User Preference settings
|
|
|
|
As you will see in the following pages, PBS can be configured in one of 3 ways depending upon the needs of your organization. Some of the more complex configurations of PBS include the following functionality:
|
|
|
|
Scan external documents into the PBS imaging system
Extensive tracking of authorities granted to agents, MGAs and carriers and setting internal overrides
Track drafts that clear before new accounts arrive
Import lockbox files from bank-operated remittance processing centers
Schedule Reports for automatic delivery to internal employees or external agencies
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 agents
Set default values, upper and lower thresholds and rules for many fields throughout the system
Set predefined reasons and description text for different processes
Establish referral fee programs for multiple parties within one account.
Much, much more…
|
|
|
|
Whether your business is a large national entity or a small single-agency finance company, PBS provides the perfect solution.
|
|
|
|
© 2006, Input 1, LLC. All Rights Reserved.
|
