Billing Software 

Riskonnect’s insurance billing software helps you streamline the insurance payment process to efficiently service your policyholders and agents.

Automate the insurance billing process from start to finish. Create invoices, identify late payments, and trigger follow-up action.

Manage transactions from any device. View installment plans, fees, commission payments, and billing transactions from any device

Get faster, more accurate payments. Amend payment details, waive fees, manage refunds, and handle reinstatements at any point in the billing cycle.

Billing Software

Product Highlights

  • Account and
    Policy Billing
    Bring installment creation, financial aggregation, entity information, and related activities into one, centralized location.
  • Accounts Receivables
    and Accounts Payables
    Track all incoming payments and provide full reconciliation at both the installment- and payment-plan levels.
  • Commission
    Billing
    Automate commission calculations and multilevel commission plans at both policy and coverage levels.
  • Deductible
    Billing
    Process bill-back deductible amounts to the policyholder.
  • Installment and
    Invoice Automation
    Calculate, create, and adjust installments at any time.
  • KPIs, Tasks,
    and Alerts
    Manage all actionable items, delinquency notifications, and alerts from one place.
  • Self-Service
    Payment Intake
    Make self-service payments such as EFT, credit cards, checks, and cash, through a mobile-enabled portal.
  • Reports and
    Dashboards
    Visualize financial details quickly and effectively.

Healthcare Providers Insurance Company

With Riskonnect solutions, we’re making our internal working processes much more efficient, which generates savings and time for staff to focus on truly value-adding tasks.”

Healthcare Providers Insurance Company

Grow Your Business

with a Modern, Intuitive Solution

Are you locked into an inflexible payment system? Riskonnect’s insurance billing software creates customized payment and installment plans, issues invoices, and sends bill-pay notifications with a single click.

  • Streamline the process with preconfigured billing and payment plans.
  • Accept multiple payment types, including ACH, credit, and debit cards.
  • Automatically calculate billing, payment, and statements for agency/broker commissions.

Improve Cash Management
and Decrease Billing Leakage

Are late payments piling up unnoticed? Riskonnect’s insurance billing software gives you instant access to critical information like past due dates for a real-time picture of billing and payment transactions.

  • Identify uncollected premiums to reduce billing leakage.
  • Leverage configurable and automated delinquency processing.
  • Track payables and generate checks and balances accordingly.

Deliver Excellent

Customer Service

Are you losing business because your insurance billing software can’t keep up? Riskonnect’s insurance billing software provides accurate insurance billing information to service your customers with confidence.

  • Consolidate premiums and invoices to reduce costs.
  • Preview and make billing changes at any time.
  • View a comprehensive history of all accounts and transactions

Get Started with These Helpful Resources

Claims administration ebook
EBOOK
The Complete Guide to
Claims Administration Software
This guide will help you understand what’s possible with today’s claims management software so you can evaluate your options and decide what is right for you.
EBOOK
Policy Administration
Software to Accelerate Success
This guide will help you decide if the advantages of new software are worth the effort involved with making a change.
RFP insurance billing software download
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Customers with Enhanced Insurance Billing Programs

Also Use

Risk Management
Information System
Seamlessly consolidate data from multiple sources, automate routine processes, and use sophisticated analytics to turn complicated information into actionable intelligence.
Claims Management
Integrate people, systems, and claims data and automate routine processes, so you can focus on resolving even the most complex claims quickly, easily, and fairly.
Policy Administration
Manage the insurance policy lifecycle, from inception through renewals.

Start anywhere. Expand everywhere.

Industry Recognition for Riskonnect

Redhand Advisors Forrester Wheelhouse Advisor

Start partnering with Riskonnect today.
Find out how Riskonnect can transform the way you view risk.