We offer clients the ability to simplify the management of unallocated cash & outstanding debtors supporting both direct & indirect payments.
Insights that lead to better actions, improved processes, better decisions & ultimately improving the capital position of our customers.
Our managed service means we support the process as much as the product enabling your team to focus on more value add activities.
In addition to the reconciliation process, we also generate your partner documentation for example; Statements, Commission Statements, Notices of Cancellation and Cancellation Letters.
For Direct bank payments, Grappler reconciles directly to the Outstanding invoice and for Broker payments, the remittance file is first matched to the payment then reconciled directly to the Outstanding invoices.
Multi stage automated Reconciliation of Annual and Monthly Instalment payments.
On a scheduled basis, Grappler performs continuous automatic matching of unallocated cash and automatically generates Notice of Cancellation letters for Outstanding invoices, pushing them through multiple stages of follow up until either Reconciled or Cancelled.
Payments are reconciled across invoices from multiple debtor ledgers or policy systems.
Automated full and partial allocation back to your outstanding invoices allowing for a threshold write off for any small differences.
Grappler specialises in the automated processing of Broker remittances in the format they are received.
Scheduled generation of Broker statements, outstanding debtors, commission statements and recipient tax invoices.
Grappler generates premium cashflows aligned with both IFRS 17 General Model and Premium Allocation Approach.
Grappler uses traditional matching rules and user driven machine learning suggested matches.
Grappler will process manually uploaded bank statements or connect directly to your bank.
Dashboards & analytics spanning across all ledgers to show unallocated cash and debtors position along with customer metrics. Position and performance reporting across reconciliation and credit control functions.
Grappler will generate the cash settlement for your insurer/s each month or during the month as required. Avoiding timely and complex manual calculations of the settlement reports.
Reduce outstanding debt & unallocated cash - resulting in a improved capital position.
without the need to add more FTE's.
Dashboards & reports providing insights & analysis of unallocated cash position & source of issue...and so much more.
Eliminate the need for manual intervention of payment & policy reconciliation.