Aflac's reports remediation of policy invoices as its first implementation. With more than 334,000 payroll accounts, managing changes to individual policies, such as coverage options, employee turnover and new addresses, is an ongoing process. Because of these frequent changes, a large percentage of policy invoices had required manual steps to reconcile the difference between the invoice amount and the actual amount. TeamWorks manages the invoice reconciliation process from remittance to policy servicing, saving time by reducing manual steps and lowering costs through improved invoice management.
Source: Business Wire
