Ready for Guidewire
Prelude’s Ready for Guidewire validated accelerator helps to rapidly deploy Prelude Software’s PayPilot® disbursement hub solution to fill the functionality gaps and improve the processing efficiencies of outbound payments and related, ancillary payment processing capabilities. PayPilot supports all types of payments, including claims, premium refunds, commissions, vendor disbursements, and dividends. With PayPilot, carriers can quickly and easily incorporate multiple payment methods, including MICR check processing, ACH processing for electronic payments, eChecks for electronic check delivery, cards, and virtual cards. PayPilot also provides a robust suite of related payment-processing functionality, such as reconciliation, positive pay, OFAC scanning, and escheatment. Benefits for the insurer include faster, more secure payments with improved tracking and significant cost savings. Equally, if not more, important are the benefits to the carrier’s clients – the policyholders and claimants. PayPilot helps the insurer get the payment into the hands of the claimant faster and by the method of choice for the claimant. Not only does PayPilot help to close the claim faster, but it also increases customer satisfaction levels.