During a client implementation of enabledAccounting it became apparent that processing and reconciling binders was a particular issue. While it should be a profitable source of business for carriers, it transpired that the supporting bordereaux were commonly delivered as paper/PDF documents, which could only be processed manually.
WCL designed a revised process based on capturing all attachment info as data, then facilitated a collaboration between the client and its key broker who agreed to refine their end of the process and provide a spreadsheet bordereau which could be transformed into XML format.
The result was a radical improvement in binder business processing with automatic reconciliation using integrated and automated ACORD message processing. For that work we won an award and are now collaborating with another service provider, with more depth to their transform capabilities, to increase the scope of our solution.