Customer Reviews
"The founders of NxTech are the same people that made download a universally accepted, easy-to -implement solution. Their interface knowledge helps companies jump-start their initiatives and deliver winning solutions right from the start. Personally knowing NxTech's technical and business expertise, I strongly recommend NxTech as your partner for the successful implementation of Alerts! and real-time interface."Doug Johnston,
VP, Partner Relations & Product Innovation – Applied Systems
Direct Bill Commission
NxTech Direct Bill Commission Download: Part of Your Total Interface Solution™
Agents want to download direct bill commission statements electronically into their agency management systems. This is the same statement that agents have been receiving in paper form from company accounting departments. With paper they have had to enter manually into their agency systems in order to track production, commission, and retention by producer on direct billed business. These direct bill commission statement downloads save the agent an enormous amount of time by automatically posting the invoice charge to the individual client file, following the agent's review and approval.
Download is an electronic transfer of insurance business data between computers. Download is the process of extracting business data from a carrier's data base, formatting it into ACORD standards, and electronically transmitting that data to an agency for merging into the agency management system database.
Download is an electronic transfer of insurance business data between computers. Download is the process of extracting business data from a carrier's data base, formatting it into ACORD standards, and electronically transmitting that data to an agency for merging into the agency management system database.
Download Benefits:
- Consistent, accurate and complete data in the agency management system
- Enabling the computer to be primary source of information used in the agency
- Receiving agency data & transactions electronically rather than by paper
- Reducing data entry in the agency
- Increasing efficiency and time savings in the agency
- Supporting carrier service units
Direct Bill Commission Statements for Download:
Direct Bill Commission Statement Download is one of the fastest growing types of Download. Most agency management systems will accept the ACORD AL3 download today. Please call us for our most up to date list.Why NxTech Download?
- Insurance business, workflow process, implementation and translation expertise
- Unsurpassed ACORD standards knowledge and vendor relationships
- NxTech can handle data extraction directly from carrier system–no need to provide an extract file
- NxTech can access agency information directly from carrier system–no need for redundant agency data storage
- Minimal internal resource impact
- NxTech handles certification of vendors on behalf of the carrier
- NxTech provides testing for certification compliance
- Structured XML virtual repository allows for more efficient maintenance/support