WaterStreet Billing & Accounting software is fully integrated with Claims and Policy Administration in our cloud-based platform. This built-in P&C insurance accounting software seamlessly integrates with payment processing, premium accounting, regulatory reporting, and document management.
Automated Billing Cycle Management
Account, Policy, Payroll, Mortgagee Billing & Invoicing, Premium Refund Processing
Compensation Management
Agent Commission Disbursement, Incentives, and Payments
Configurable Workflow
Configure billing schedules, business rules, triggers, and forms as business scales
Multiple Payment Methods
Credit Card, Lock Box, ACH, Cash Processing
Delight Your Customers with
Flexible Billing and Payment Options
- Electronic billing ensures customers receive their bills faster and are able to easily schedule payments.
- Set automated billing schedules at any cadence that suits your needs and your customer’s needs.
- Engage with your customers through a white-labeled Insured Portal where they can access policy information, view bills, and manage payments.
- WaterStreet’s API makes it possible to integrate your insurance accounting software with virtually any payment processor so you can offer your customers the most up-to-date and convenient payment options.
Simplify Your Financial Management & Insurance Accounting Processes
Our integrated Business Intelligence Module empowers accounting management teams to have a clear understanding of revenue trends so that they can make decisions for the future. Upgrade your day-to-day insurance accounting software practices.
- Utilize best-in-class analytics tools for financial modeling and forecasting.
- Complete exposure analysis and modeling for reinsurance.
- Perform actuarial analysis using loss triangles.
- Make statutory reporting a breeze with pre-built and auto-populated statutory reports.
- Accelerate monthly close processes with account reconciliation reports.
- Provide insightful financial and operating analysis to your executive team.
WaterStreet’s Unparalleled
Business Value
Advance your business with the next generation of P&C insurance technology with WaterStreet.
Improved Cash Flow
Intuitive User Tools and Flexible Workflow to Automate Receivables Management Across Multiple Lines
Decrease Operating Costs
Streamlined Processes Reduce Time and Effort of Billing Administration
Enhance Customer Experience
Portal & Mobile Access, Digital Engagement Capabilities to Elevate the Customer Experience
Reduce Billing Errors
Process Automation and Real-Time Reporting Ensure Fast and Deliver Timely and Accurate Data for Accountability and Visibility
Want to see our
products in action?
Schedule a demo today by calling us at 406.333.1989 or filling out the form via the following link.
”Your team performed extremely well after this storm. I see nothing you should change. The check writing system was flawless — we received most of the checks within two days of processing.
Bill SchulenburgClaims Manager
Want to see our
products in action?
Schedule a demo today by calling us at 406.333.1989 or filling out the form via the following link.
”Having been with WaterStreet for a few months, I am very happy with the system and their services team and I know that PICA made the right partner choice.
Ned DolesePresident, Property Insurance Company of America