Straight-through processing (STP)

Insurers depend on the ability to make quick and accurate judgments every day. Access to accurate, real-time data is essential in order to make decisions and keep processes moving quickly. Complex requests and claim settlements often require a hierarchy of multiple reviews and evaluations, resulting in assessments that can take days. What if you could expand real-time access to data, process work faster without having to work harder, find what you need regardless of your location, and cut decision times dramatically?

With DocFinity, management has instant oversight of all automated procedures, as well as processing volumes and productivity, enabling continuous process improvement that leads to quicker decisions, higher satisfaction, and lower costs. Straight-through processing with DocFinity can help you to automate the end-to-end processing of your policy transactions efficiently, whether you underwrite new business, process claims, or manage financial operations. We can expand your access to real-time information, helping you to cut costs and provide better service. Contact us to learn more about how DocFinity can help with straight-through processing in claims, underwriting, and financial transactions.

Digital workflow builds on the efficiencies achieved by the online forms, document imaging, barcodes, and email management capabilities inherent in a robust electronic document management system. Electronic workflow enables you to push work to the right people over the Web in accordance with your business rules, and ensures that tasks are 100% complete and consistent. Items can be sent for simultaneous review, approval, and electronic signatures, significantly shortening turnaround times and providing better service.

DocFinity makes straight-through processing more than a pipe dream. To learn more, contact us. We can help you set your sails as you move through the sea of endless information, and ensure a smoother ride.