1) Save Time:
- Reduce handling and secure storage costs associated with cheques
- Reduce needless communication between accounting departments of brokerages and carriers
- Reports are generated automatically with the payment approval
- Eliminate duplicate entry
- Automated real-time payment notifications to carriers (avoiding cancelations)
2) Save Money:
- No more expensive printing costs for cheques
- No more courier charges
- No more chasing down signatures
- Significantly reduce bank fees for electronic debits vs cheques
- Visit our Savings Calculator to judge for yourself… Read more
3) Eliminate Cheque Fraud:
- The insurance industry is a popular target by fraudsters
- Electronic funds transfer is proven to be safe and secure
4) Simple Implementation:
- Low time commitment (wizard driven set-up)
- Support available 12 hours a day
5) Broker Controls the Date and Amount of Payment:
- Know the exact date and amount that are going to be debited
6) Instantly Have Access to Pay All your Carriers Electronically:
- No need to maintain carrier account information
- No need to log in to bank sites to make payments.