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Save time, lower costs, and ease the burden of meeting regulatory requirements with One-Touch Processing and Smart Batching.
Insurance payment processing requires large volumes of clean single payments to be processed quickly. At the same time, exception payments need to be processed efficiently. Powerful system monitoring is required to ensure all processes are running smoothly with no backlogs or other issues.
Mavro Makes It Easy
High-speed extractors and/or scanners coupled with automatic recognition capabilities and efficient keying routines make short work of payments and claims, plus identifying correspondence and return mail or change of address updates. Traditional exceptions can be extracted and scanned intermixed, with no need for complicated hand presorting thanks to our One-Touch Processing and Smart Batching™ technologies.
Power in Your Hands
Allocating remittance payments to several different accounts and researching payments in external systems are no problem with advanced keying capability and flexible, image-based workflows. Data validation and lookups are faster than ever with the ability to import data from virtually any system and pass extracted data to any accounting or policy maintenance system.
Increase Funds Availability
Eliminate the time and expense of transporting paper checks to the bank with Image Cash Letter (ICL) and ACH electronic deposits to dramatically increase funds availability.
Data Security is Paramount
Ensure customer privacy and support regulatory compliance with automatic end to end encryption of all confidential site data. Automatic or selective redaction of check, credit card or other sensitive customer information; along with audit logs and active directory integration provide the features to protect client data and avoid the difficulties associated with a data breach.