Premium Reconciliation
Stop chasing remittances.
Premiums are the lifeblood of your business, but reconciling them shouldn't consume your month. Broker remittances arrive in different formats, payments don't match policy records and cash sits unallocated while your team manually pieces everything together in spreadsheets.
Grappler automates the entire process.
1.
Automatic capture and parsing
Remittances arrive by email, Grappler handles the rest. File intake, data extraction, formatting - fully automated. Your team gets clean data from the moment it enters the business.
2.
Credit control transparency
Stay ahead of overdue balances with automated NOCs and centralised credit control notes. Everyone sees the full history and status of each account - no digging around in inboxes.
3.
Daily bank and policy reconciliation
Transactions are matched against bank feeds and policy data. Issues are caught early instead of snowballing at month-end. Automated reconciliations run continuously in the background while your team focuses on exceptions.
4.
Exception-based workflows
Only mismatches or outliers appear in a work queue for credit control to review. Your team only sees what needs their attention. Dashboards provide visibility of what needs resolving and who it’s sitting with.
5.
Automated outputs
Trial balances, debtor statements and partner reports generate automatically from reconciled data. Your stakeholders get accurate, timely information with no manual preparation or rework.
One platform.
Every transaction.
Reconciliation cycles cut by up to 95%
What used to take weeks now takes days. Or in some cases, hours.
Unallocated cash reduced
Daily matching means cash gets allocated faster, improving working capital and reducing suspense balances.
Always audit-ready
Every transaction is logged with a complete audit trail, making compliance straightforward instead of stressful.
"End of month reconciliation used to take four weeks; now it takes one."
- Jordan Urry, CFO
See Grappler in action.
Book a demo to see how the Grappler handles your specific insurance accounting workflows.
Or if you have questions about pricing, implementation or integration, talk to our team.
