The Guidewire Cloud Integration Delivery Service portfolio of integrations further reduces implementation cost and accelerates the speed-to-market for common integration scenarios that insurers rely on to drive process improvements and deliver service excellence.
Many insurers, especially in the United States, receive payment through the postal service via check. These insurers often utilize a bank's lockbox service, where the bank receives, processes, and deposits incoming checks. Incoming lockbox payments are automatically received and processed in BillingCenter. Automating the lockbox payment process streamlines the incoming check payment process, reduces the number of payment errors, and ensures timely customer payments receipt.