Automate reconciliations to improve accuracy and compliance.
The growth in InsurTech and price comparison websites has made the insurance sector highly competitive. Regulations have become stronger to protect customer data and prevent malpractice. And consumers are demanding more payment options, making daily reconciliations a headache.
Whether you provide a one-stop-shop or niche service, you’ll regularly process high numbers of transactions. And with compliance important, these will need to be done accurately while establishing a strong audit trail.
Automating reconciliations for banks, credit cards and alternative payment methods (PSPs), with Aurum you get a complete picture of your money flows.
Our solutions integrate seamlessly with policy admin systems, ERPs, banks, e-POS, and other sources, matching data in minutes. And with matching rules, management information and exception management from one dashboard, you can comply with regulations through improved visibility and reporting.