VIP Software + Verisk
Streamlining Claims Invoicing Through XactAnalysis®
VIP Software's BAP™ integrates directly with Verisk's XactAnalysis® to automate claims invoicing—turning complex, manual processes into streamlined workflows.
From invoice validation and fee schedule enforcement to reconciliation and real-time spend tracking—all without disrupting your core systems.
Verisk XactAnalysis®
Invoice validation & reconciliation
Fee schedule enforcement
Real-time spend visibility
Automated payment workflows
No core system integration required
Category
Claims
Subcategory
Resolution
Partner Type
Specialty Services
Verisk Integration
XactAnalysis®
How BAP™ Works with Verisk XactAnalysis®
BAP™ is a SaaS invoicing platform built for claims operations and connected directly to XactAnalysis claim data. It transforms complex billing workflows into a streamlined, automated process.
Invoices are auto-generated, validated against fee schedules, and processed faster — reducing manual work, leakage, and delays while ensuring compliance at every step.
Capabilities Enabled by the Integration
Invoice Validation & Reconciliation
Auto-populated invoices from XactAnalysis
- Fee schedule validation
- Flags discrepancies before payment
- Automated reconciliation workflows
Real-Time Spend Visibility
Tracks costs by claim, vendor, and program
- Accurate expense allocation
- Real-time LAE tracking
- Operational spend analytics
Automated Payment Workflows
Faster approvals and payments
- Fewer manual touchpoints
- Scales across vendor networks
- Streamlined approval chains
No Core System Integration Required
Works with your existing systems
- Leverages XactAnalysis data
- Fast deployment timeline
- Minimal operational disruption
Built for Claims Resolution Teams
Streamlining Claims Invoicing Through XactAnalysis®
Designed for carriers handling high invoice volume, complex vendor networks, and compliance-heavy environments—especially during catastrophe (CAT) scenarios where speed and accuracy are critical.
Best Fit When You Need:
Faster invoice cycles
Better fee compliance
Reduced leakage
Real-time vendor spend visibility
Why It Matters
Manual invoicing leads to overbilling, delays, inconsistency, and poor visibility into actual spend. These inefficiencies compound during high-volume periods.
VIP Software + Verisk replace fragmented processes with a single automated invoicing layer tied to trusted claim data.
Greater Financial Control
Full visibility into claims spend with accurate tracking and reporting
Faster Claims Resolution
Streamlined workflows reduce processing time significantly
Improved Vendor Accountability
Enforce fee schedules and track vendor performance in real-time
Scalable Operations
Handle surge volumes during CAT events without adding headcount
A Smarter Way to Manage Claims Invoicing
BAP™ turns invoicing into a strategic advantage, powered by Verisk and built for modern claims teams who demand accuracy, speed, and control.
Want a carrier-specific walkthrough? We'll tailor the demo to your XactAnalysis workflow.
Request a Demo
See how BAP™ and XactAnalysis® work together to transform your claims invoicing.