History
How Bill It Now began.
The principals of Bill It Now owned and managed multiple programs. In their experience, they identified a critical shortcoming -- the absence of a comprehensive billing solution that met the needs of both the consumer and the broker.
The old way: Chronic problems and missed opportunities.
In the past, direct bill service providers suffered from chronic shortcomings:
- Poor customer service to the insured and sub-producers
- Lack of internet-based access to data
- Post-loss premium checks were deposited to a lock box – and then cashed
- Poor reconciliation process resulting in too many phone calls
- 90+ days to send a returned premium check to the insured.
- Zero co-branding, and lots of confusion.
The solution: State of the art. Web-based. Secure. Fully branded.
Bill It Now was created to provide one, unified platform for billing. It is growing strongly in the P&C sector and the Healthcare industry, where Bill It Now delivers these core benefits:
- Powerful web-based self-service tools for brokers and consumers
- Secure lock-box, with automatic blocks for cancelled accounts
- Complete co-branding functions in envelopes, invoices, and all web pages
- Commission distribution to retail brokers
- MGA and premium remittance to the carrier – for lower cost of reconciliation
Expanded functions - and expanded benefits.
The Bill It Now system consolidates many billing-related functions to create the easiest, most efficient platform. For example, with Bill It Now you can:
- Bill broker fees and taxes
- Handle multiple policies in one invoice
- Trigger state-compliant legal notifications for non-payment of premium
- Process payments with ACH and credit cards
- Work in real-time web services