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Insurance accounting software and billing system for P&C insurance carriers. | WaterStreet Company

Built-in Billing and Accounting

WaterStreet Billing & Accounting software is fully integrated with Claims and Policy Administration. This built-in P&C insurance accounting software seamlessly integrates with payment processing, premium accounting, regulatory reporting, and document management.

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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.

WaterStreet P&C Insurance Accounting Software

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

Simplify Your Financial Management and 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.

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WaterStreet’s Unparalleled
Business Value

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.

Connect With WaterStreet

I wanted to reach out and tell you how pleased we are with the work being done by your group. We are happy that we have partnered with you and hope the relationship can grow.

Larry BarkerCFO, Hanover Fire & Casualty

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.

Connect With WaterStreet

I wanted to reach out and tell you how pleased we are with the work being done by your group. We are happy that we have partnered with you and hope the relationship can grow.

Larry BarkerCFO, Hanover Fire & Casualty