Leaner, faster, smarter operations with billing solution on new architecture
Oakland, CA, May 6, 2010 – StoneRiver, a leading provider of strategic core operational solutions for the insurance industry, announced today that the Billing Stream - Direct solution is generally available. Agency billing capabilities will be added this summer. The new Billing Stream solution is a component of the StoneRiver Stream™ solution set, an enterprise insurance administration solution built on the industry’s most advanced service-oriented architecture with an embedded enterprise service bus. The highly customizable, rich Internet user interface has been optimized to provide an exceptional user experience that focuses on ease of use, speed and web effectiveness.
The Billing Stream solution maximizes real-time processing and supports standard direct bill functionality, including single policy- and account-level billing, and multiple payment options, such as electronic funds transfer, credit cards, mortgagee billing, and payroll deduction. Given StoneRiver’s market-leading expertise, the property-casualty billing solution also includes strong Workers’ Compensation capability.