ReSource Pro, an operations partner for the insurance industry, has introduced Direct Bill Complete to simplify how agents and brokers manage their direct bill commissions.
The new offering aims to address the complex task of reconciling direct bill commissions, which has traditionally been labour-intensive and prone to manual errors. By automating much of the process, Direct Bill Complete helps reduce the operational burden and cost for agencies.
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“Even with an advanced AI (artificial intelligence) approach, we haven’t lost sight of the human element necessary to optimize the technology in this space,” noted Saima Shaukat, vice president of ReSource Pro’s retail practice.
“In the past, agents had to use multiple partners or point technologies to manage this reconciliation – with Direct Bill Complete, we’ve taken steps to solve this problem.”
The launch follows another AI-powered innovation from the company earlier this year. In May, ReSource Pro released Policy Insights ExpressCheck, an automated policy checking tool.
To date, the company has supported around 100 insurance organizations with their accounting and finance processes.
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