Bill Collection (Insurance Premiums) Workflow Template

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Overview: Bill Collection (Insurance Premiums) Workflow Template

This workflow template illustrates the collection of outstanding insurance premiums from individual clients. Purchase and download this template in PDF, Visio and PowerPoint formats, and customize it to fit your organization, or use it to better understand the Bill Collection (Insurance Premiums) process.

Download a Free Sample of this Workflow Template


Process Details and FAQ: Bill Collection (Insurance Premiums)

What is Bill Collection (Insurance Premiums)?

The bill collection (insurance premiums) process involves the collection of outstanding insurance premiums from individual clients. This process includes discrepancy identifications, account information updates and verification, payment processing (all payments are reconciled during this process) and account cancellation (if the outstanding amount is not collected or the customer wishes to cancel the account).


Which KPIs, or metrics, are typically used to measure this process?

The following metrics are typically involved in the Bill Collection (Insurance Premiums) process:



Which employees and/or departments are involved in this process?

The following parties are typically involved in the Bill Collection (Insurance Premiums) process:


  • Collections Investigator
  • Collections Analyst
  • Credit Investigator

What is the purpose of these workflow templates?

Broken business processes pervade companies, large and small. Manual workarounds, downtime, errors and other waste is thought of as "the cost of doing business." Use our workflow templates as a starting point to document your own processes. Customize them to fit your business and add "call outs" for improvement opportunities.


How are these workflow templates created?

These workflow templates are the product of over 20 years of hands-on management consulting experience, as well as research performed by the OpsDog team. All of our workflows are mapped using the BPMN 2.0 specification.


How do I download a workflow template?

Simply click the "add to cart" button and follow the process to purchase and download this workflow template. You can use any major credit card, or a PayPal account, to pay. After you have completed the purchase, you will receive a link to immediately download the document in PDF, Visio and PowerPoint formats. If you aren't a registered OpsDog user yet, create a free account! New users get $20 off of their first purchase.


Questions?Call: 844-650-2888Email: info@opsdog.com
  • Workflow Template

    $15

    Bill Collection (Insurance Premiums)

    - Instantly download files
    - Includes PDF, VSD, PPT file formats
    - Customize PowerPoint, Visio versions
    - Workflows mapped in BPMN 2.0

    Questions?

    Call: 844-650-2888

    Email: info@opsdog.com

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Email: info@opsdog.com
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