Enhance Financial Control in Insurance Premium OperationsVerdant Data’s Premium Collections and Allocations app reveals how money flows through your insurance organization. Built using UiPath Process Mining, this template allows insurers to detect inefficiencies in premium intake, payment allocation, and policy matching, ensuring faster revenue recognition and improved customer satisfaction.
Unleashing the Power of Process Mining:
Policy-Level Visibility: Follow every transaction across policy systems, payment processors, and accounting platforms.
Custom Rule Support: Tailor the logic to suit complex commission structures, intermediated models, or multi-policy allocations.Revenue KPI Dashboards: Monitor collection aging, policy match rates, and unallocated payment volumes.