Accounts Payable Workflows

Claim information is captured as a Payable in Sage Intacct

Vendor Management

New Vendors are created while existing Vendors are verified and updated in Sage Intacct

Vendor Payments

Payment file sent automatically to Bank institution to pay Claim

Compliance Screening

Automated screening of vendor against OFAC sanction lists.

🏗️ Step 1 - Claims Center Connector

Claim created and approved in Claim Management System

🔄 Step 2 - Integration Cloud

Connects to Claim Center. Transforms Data for Seamless Integration into Sage Intacct.

⚙️ Step 3 - Vendor Record Creation or Update

New Vendors are created while existing Vendors are verified and updated in Sage Intacct

Automated screening of vendor against OFAC sanction lists.

🔧 Step 4 - Payable Creation

Claim information is captured as a Payable in Sage Intacct

💰Step 5 - Automated Payment via TSG e-Pay

Payment file sent automatically to Bank institution to pay Claim. If approvals are turned on, payment will be sent upon approval.

✅ Step 6 - Bills marked as paid

Sage will receive a confirmation file from your bank and mark the Bills as Paid in Sage Intacct.

Both file-based and API-driven feeds can be set up
The solution is claim Management Software agnostic. Can integrate with top CMS software’s via API or File based including Guidewire, Duck Creek Technologies, etc.)
Yes, both pushes and pulls are supported
Yes - the Insurance Payment Suite supports both Creates and Updates
The data that is brought in to Sage intacct from your claim center is completely customizable to your needs. We can capture various meta data such as Claim Number, Policy Number and the Policy Holder.
Yes, you have the ability to pay vendors with multiple payment types, including ACH, Domestic and International Wire, Outsourced Check, SEPA, and BACS
Yes, you have the ability to manually download the e-Payment File
Yes, FX transactions for payments are supported.
Additionally, the solution automatically updates FX payment using the bank currency amount once the bank responds with the amount paid in the bank currency. This eliminates the need for manual adjustment journal entries.
Yes, you con override the global setting on the individual bill basis
Yes, audit trails exist in multiple places, including changes made to vendors, vendor payment information, payments made, and claims created
The highly scalable insurance payment suite allows for the transfer of high data volumes. Whatever your needs - you can be sure we can accommodate you
The e-Payment Solution sends your payments on-time, without holding on to payment or requiring your vendor to wait 5-10 business days.

Fund Fee Manager

Import Data Accelerators