“Why didn’t I know about this sooner? That’s what Sian Houwaart often hears when he tells business owners about the PolisManager. “Many business owners with credit insurance know they have a problem if they don’t meet the strict conditions,” the Sales Manager at CreditDevice knows. “But often they don’t know there’s a solution.”
It is the concern of many a business owner with credit insurance: the strict terms and conditions.
Managing a policy manually requires time and attention. For example, the status of invoices must be continuously monitored. If invoices are outstanding for too long, this must be reported to the insurer.
Unpaid claims
In a company with many customers and many invoices, timely reporting sometimes slips through the cracks. While the consequences are great: if a claim does not meet the conditions, the insurer will not pay. As many as thirty percent of all rejected claims are the result of a late introduced collection file.
Guaranteed up-to-date
With the PolicyManager, the status of credit limits is guaranteed to be up-to-date. “In fact, information is automatically exchanged with the insurer,” he says. The software provides updates daily or even several times a day. “This way you always have the latest status to avoid, for example, delivering while the insurer has withdrawn the limit.”
The PolicyManager also automatically analyzes which credit limit best suits a customer. And what is the best coverage at the lowest price. “This makes unnecessary credit limit costs a thing of the past.”
The software eliminates manual work. That not only minimizes the chance of errors, it also saves business owners a lot of time. “Overviews are easy to retrieve, and you never have to search again for what task needs to be done at what time.”
Recommended by insurers and brokers
The PolicyManager can also count on the support of insurers and brokers. After all, insurers have a so-called duty of care. Article 1 of the Code of Conduct for Insurers states, “We communicate clearly and openly with our customers.
Because the PolicyManager makes it much easier for business owners to meet the terms of credit insurance, insurers and brokers recommend it.
