Managing multiple carriers with different processes in multiple systems makes it difficult to accurately report.

One system that enables service providers to have complete and accurate reporting.

Vendors need the ability to pull individual invoice information across multiple carriers. VIP Software’s Reporting feature allows vendors to set filters (such as date, carrier, invoice status) and run reports which provide these invoice details. Reports can be exported to Excel and fed into BI tools. One source of truth for all parties ensures less time is spent on reconciliation and provides confidence, reducing disputes and improving accountability.

Popular reports include the AR Report and the Assigned Claims Pending Report.

The AR (Accounts Receivable) Report provides information such Company Name, Claim Number, and Invoice Numbers, as well as Contracted Amount, Variance Amount, Paid By.

The Assigned Claims Pending shows which assigned claims have been invoiced against and which ones have not. This allows vendors to quickly invoice any outstanding claims.

VIP Software works with vendors to demonstrate best practices in utilizing these reports based on individual vendor needs, ensuring transparency between carrier and vendor.