The insurance industry depends on adept accounting software, and Flexi’s software currently supports nearly 2,000 insurance and healthcare companies. Flexi’s 25+ year history is rooted in serving industries where security, compliance, speed and performance are paramount; industries including the insurance field.
Flexi’s software integrates with policy, billing, and claims systems, creating superior efficiency and accuracy. Government entities also rely on Flexi to efficiently manage claim processing needs associated with healthcare programs and disaster relief assistance.
Watch a video to learn how Flexi is uniquely designed to help insurance companies manage complex regulatory requirements and adapt to changing market demands.
Flexi’s insurance accounting software capabilities
Flexi’s insurance accounting software offers the following capabilities and benefits:
- Statutory set of books
- Departmental P&Ls
- Claim payments and draft
- Premiums recognition
- Detailed record of billings
- Chart of Accounts Master
- 1099 processing
- Powerful allocations
Flexi is aptly named for its flexible software capabilities. Flexi’s open architecture allows flexibility to choose stand-alone modules as business needs dictate. But insurance companies will gain the ultimate speed and power with Flexi’s financial management software platform, uniquely designed to allow financial data to flow securely wherever it is needed.
Additionally, Flexi software does so much more:
- Additional automation provides better security, more internal controls, and less risk of human error
- Stronger reporting, including ability to facilitate the creation of statutory reports
- Ability to quickly adapt for ever-changing compliance requirements
- Simplified multi-book accounting enables users to track GAAP, statutory, and adjust simultaneously
- Provide better security, more internal controls, less manual intervention, and stronger reporting for maintaining compliance requirements
Flexi offers a full suite of products to help your accounting staff perform and deliver–and save time while doing it.
With Flexi, you can streamline and automate labor-intensive financial management functions using accounts payable, general ledger, project management, and fixed asset solutions.
Flexi is an industry leader for a reason. With expertise in all aspects of accounting and 25 years experience, the Flexi team can offer the best of the best. Even better, Flexi offers cloud-based web services that not only streamline processes, but also make data accessible 24/7 from any device with an internet connection.
Learn more about Flexi accounting software solutions, or call 800-353-9492 to set up a demo today.