Billing and Collection Services

Example Definitions of "Billing and Collection Services"
Billing and Collection Services. May include, but is not limited to, the following: processing of billing notices and invoices; processing and validation of payments received; providing a toll-free telephone number to confirm and validate billing and payment status; maintaining customer billing and payment history information; providing reasonable information about payments if requested by third parties; prompt resolution of unvalidated payments; automated feed to the general ledger of all due and received premiums;... reconciliation of deposit accounts and outstanding bills; maintaining mutually agreed upon detailed books and records; and maintaining a billing and collection service disaster recovery program. View More
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