Get to market faster with our preconfigured insurance solution that can be extended to meet the unique needs of your business. Our integrated solution ensures efficiency and provides the tools and capabilities essential to stay competitive in your market.
WaterStreet Billing & Accounting is fully integrated with Policy and Claims Administration suites. This built in P&C insurance billing system seamlessly integrates with payment processing, premium accounting, regulatory reporting, and the WaterStreet Document Management system.
Billing & Accounting Features
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Automated billing cycle management
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Dynamic document management
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Electronic billing
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Role-based security
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Policy payables and receivables
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Multiple payment methods – ACH, Credit Card, Check
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Multiple payor types – Insured, Mortgagee, and Premium Finance
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Configurable payment plans
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Invoice generation and presentation
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Equity date tracking
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Refund processing automation
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Integrated cancellation and reinstatement processes
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Partial payments allocation
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Collections workflow
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Robust and flexible commission calculation engine
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Multiple commission disbursement methods – ACH, Check
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Commission statement generation
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Pay commissions directly to an agency or roll up to parent agencies
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Reconciliation reports and dashboards
Do More with WaterStreet.
Cloud-based platform
Designed to function on any device so you can access tools from anywhere. Built for speed, and to provide simpler and cheaper maintenance.
Azure cloud infrastructure
Securely scale your operations with industry best practices. Security and performance monitoring provide confidence in your information and service integrity.
Robust API
Connect to any number of desired third-party solutions to create the ultimate insurance ecosystem.
Self-service tools
Accelerate your speed to market with no-code configuration tools that empower you to modify offerings based on your unique business needs.
Modern workspace
Move seamlessly through your workflows in our elegant and intuitive workspace. Don’t waste time struggling with how to use the system.
Complete insurance ecosystem
Policy Administration System fully integrated with billing, claims management, and business intelligence, with a built-in insured portal.
