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Invision Your Opportunity™

For independent adjusters and adjusting firms

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Automate your invoicing to improve cash flow. Increase your business value to clients.

We solve these business challenges for our customers.

Cash Flow Management

– Can’t keep up with invoicing.
– Poor tracking measures.
– Slow in paying and being paid.

Stand-Alone Systems

– Systems not integrated.
– Disconnected workflows.
– Inefficient and redundant processes.

Manual Invoicing Processes

– Clients require multiple documents.
– Managing multiple fee schedules.
– Can’t scale in a CAT.

Inaccurate Financial Reporting

– Lost revenue due to errors.
– No data to support performance.
– Error in manual commission splits.

Scalability

– Inefficiencies halt growth in a CAT.
– Delays in invoicing and AR.
– Manual client fee schedules.

Delivering Business Value

– Commoditized offering.
– Must create differentiation.
– Competing for independents.

Be the expert in more than just handling claims.

How do independent adjusters and adjusting firms benefit from using Invision?

Invision auto-populates independent adjuster invoices based on predetermined fee schedule rules programmed into the application. It enables users to shift their business model from a commoditized offering to delivering the business value that carriers are demanding of their industry partners, while elevating their professional brand and gaining these invaluable benefits:

Expedited Payments

If you struggle with getting paid in a timely and accurate manner, you’re not alone. Invision gives you instant invoicing capabilities based on the work you’ve already completed, so you’ll get paid more timely and with less auditing in the payment process, because you’re providing a new level of detail to your clients.

Accuracy

Our software is integrated with Xactware and Symbility, so firms now gain automated invoice creation functionality through those applications with Invision, programmed with your contracted fee schedules for each carrier. Invision is your centralized repository to manage your various fee schedules, as well as a tool you’re able to offer to carriers so they can manage fee schedules on their end.

Reconciliation

Expensive, manual processes used to audit invoices internally are all automated with Invision. Just imagine the benefit to your every day operation, not to mention the scalability during a CAT.

Commissions

Manage independent adjuster commissions, even adding a specified percentage to each rule; and see instantly how much commission is owed from each invoice to each adjuster.

Supplements

Simplify the task of breaking out and understanding costs pertaining to supplements, for example: what are the driving factors for supplements; what percentage of claims result in supplements; and what is the average fee cost when a supplement is incurred?

Reporting

Gain access to powerful data that allows you to demonstrate your value to your clients. Your customized reports give your firm a major competitive advantage over others when carriers are selecting adjusting firms, like understanding the details of what is included in the costs, such as mileage, supplements and other activity that comprises the fees.

Integration

No other IA invoicing solution is integrated with Xactware and Symbility to create invoices based from the work and estimates created on the claim in both estimating programs. This creates seamless and more efficient processes to better serve your clients and to get you paid quicker, especially invaluable in a CAT. And since it’s synched with applications you already use, it doesn’t require a time- or cost-intensive investment to get started.

Marketing

Take advantage of our white label offering to raise your professional profile and personalize your service to clients. You are no longer providing only adjusting services to your clients, but also a cost analysis solution on clients’ return on investment in your firm. It’s a true differentiator.

Security

Compliance. Compliance. Compliance. Invision ensures secure electronic collaboration with clients so confidential data is not compromised.

For a live, personalized demo of Invision, please call 813-837-4347 or email info@vipsoftware.com.