Billing and Collection of Premium
One of the most difficult areas of business can be collection of premiums and billing services. Let SAS take care of making sure your premium payments are received. We will handle all billing and collection while providing excellent customer service.
- Provide services and corresponding reporting packages to clients
- Monthly accounting, bank and cash management, vendor, commission and claim payments, as well as annual 1099 data files
- Offer informational and ongoing support with annual state filings
- Monthly and Year-To-Date General Ledger and Trial Balance
- Bank reconciliations including an outstanding check list, a summary of monthly bank fees, details of claim payments clearing the bank account, and other cleared transactions
- Reinsurance reporting such as details of premiums, claims, commissions, policies issued, and other related back-up for reinsurance reporting