List of Services that we provide:

Similar documents
TOPIC 12: PART 1 WAYS OF GATHERING AUDIT EVIDENCE

Internal Control Requirements for Adopting New Accounting Standards

CAREVEST MORTGAGE INVESTMENT CORPORATION Directions for Completing Retraction Requests

NUMBER: BUSF 3.30 Business and Finance. Other Educational and General Program Accounts ("E" Funds) Date: October 18, 2006 I. PURPOSE OF THE POLICY

1. Accounts Payable > Tasks > Transactions > Recurring Bills

2011 Short Course Presentation. TxDOT Compass from a District Maintenance Perspective

Request for Proposal. For. Unemployment Insurance Services. November 9, 2016

WinTen² Tenant Accounts Receivable User Manual

Engineering IT Application Development Governance Workflow

EXECUTIVE SUMMARY INTERNAL AUDIT REPORT. IOM Kingston JM JULY 2017

What type of Bank is best suited to do BOLI?

HAMP Reporting System Servicer Release Notes January 28, 2016

APPENDIX A TECHNICAL SPECIFICATIONS REWARDS AND RECOGNITION PROGRAM

The CIA certification has 4 parts. The CCSA exam and the CGAP exam are single part specialty exams.

Early Payment Offers (EPOs)

PROJECT CHARTER PLAN VERSION: 1A (DRAFT) <DD-MM-YY> <SECTION NAME>

Grant Application Guidelines

VOLUMETRIC PRODUCTION PAYMENTS. Liz McGinley

BANK STATEMENT IMPORT (CSV FILE IMPORT)

Agency Reorganization Process

Browse our Website for more information about SAPVITS.

INDEPENDENT ACCOUNTANTS' REPORT ON APPLYING AGREED-UPON PROCEDURES

InformationNOW Billing Reports Guide

1a-Copyright Year Budget Planning and Forecasting (OS1) Followed by: 2-PM Pre-Assignment (PM2)

NATCHITOCHES HISTORIC DISTRICT DEVELOPMENT COMMISSION STATE OF LOUISIANA

Project Lead Role Profile

2. Can you also provide your expected claim volume for conversion (# of claims and history)?

Formal Procurement Checklist CDE School Nutrition Unit

2016 NEW BUSINESS CLIENT TAX ORGANIZER

FISCAL OFFICER TRAINING MANUAL

University of Pittsburgh Office of the Controller General Accounting

UCSD - Audit & Management Advisory Services - Internal Control Questionnaire

Steps toward Retirement

8722 S. HARRISON ST. SANDY, UT P.O. BOX 4439 SANDY, UT FAX

Subject Access Requests

AAFMAA CAP FAQs. General Questions:

STATE OF NEW YORK MUNICIPAL BOND BANK AGENCY

Terms of Reference - Board of Directors (approved by the Board on 12 April 2018)

Lesson Unit content* Activities Links to other units Resource checklist

You can get help from government organizations that are not connected with us

Best Execution & Client Order Execution Policy. October P age 1 6. BE31/10/17 v1

AAFMAA CAP FAQs. Q: What are the requirements for a CAP loan? A: The following items are required to receive a CAP Loan: Eligible military status: o

MAINE STATE LEGISLATURE

Copiague Chamber of Commerce

Accounting Revenue (Resource) Recognition

Details of Rate, Fee and Other Cost Information

Billing Program Billing Information for Agents

Producer Statements will be accepted only in accordance with this policy.

Smart Accounting 1099-MISC and ICR Notes: 2017 Table of Contents

inemi Statement of Work (SOW) Name TIG Name Project

Salt Lake City Area Office 8722 S. Harrison St. Sandy, UT P.O. Box 4439 Sandy, UT Fax

Summary of proposed section 951A GILTI regulations

Tracey Sopp Head of Accounting and Processing James Duncan, Deputy Chief Executive / Executive Director of Finance. Contents

Condominium Authority of Ontario

Accounting. Training Guide

Academic and Administrative and Other Related Staff Annual Review

TD Bank Mobile Deposit Addendum to the Online Banking Service Agreement

PLAN REVIEW PACKAGE USER GUIDE

ABLE Accounts: 10 Things You Should Know

Chapter 1. Introduction and Overview of Audit & Assurance

INDEPENDENT ACCOUNTANTS' REPORT ON APPLYING AGREED-UPON PROCEDURES

2018 ADASS Tutorial Selection Process, Criteria and Requirements

PROFICIENCY STANDARD FOR APPROVED PERSONS SELLING EXCHANGE TRADED FUNDS ( ETFs )

Windham School District Procurement Policy for Federal Funds

WinStabs- NMR 2019 Explained

Automotive Diversification Programme Round 3

EZLinks Reservation System

FINANCIAL SERVICES GUIDE

Enterprise Risk Management Focusing on the Right Risks

Huntington Bancshares Incorporated

address: Driver license number: Date of birth: Occupation:

Parent Guide to Financial Aid

What to Do Who How to Do It Purchasing Card Procedures: Purchase to Reconciliation

City of Tacoma PLANNING AND DEVELOPMENT SERVICES DEPARTMENT. Customer Queuing and Scheduling System Specification No. PL F

Stage 2 Meaningful Use - Core Measure 14 Medication Reconciliation Configuration Guide

Tips for Creating an Account, Applying for and Enrolling in Health Coverage

The FoolProof Teacher Guide

Work Instruction. for Change Management. Work Instruction Administrator John Doe Chief Corporeal Officer ACME

Expense Reports Users Guide - aqua

Audit Follow Up. Citywide Cash Controls Development and Transportation Services (Report #0134, Issued August, 2001) As of March 31, 2002

MONTHLY REPORT FILING DETAILED INSTRUCTIONS

Investor Money Regulations

CITY OF GREATER SUDBURY PROGRESS PAYMENT STATEMENTS, PROGRESS PAYMENT CERTIFICATE AND INVOICING PROCEDURE. ENG-PM-S001 v.1.01

Understanding Self Managed Superannuation Funds

Terms and Conditions 19 December 2018

Financial Statement Analysis, (FIN-621)

ACCOUNTING GUIDELINES INTERNAL TRANSFERS

2017 BUSINESS TAX ORGANIZER

LMA GUIDANCE: GDPR CORE USES INFORMATION NOTICE

GENERAL LEDGER AND PROJECTS RECONCILIATION

CHARTER OF THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS OF ON DECK CAPITAL, INC.

Guidelines for submission to the NSW Population and Health Services Research Ethics Committee. Version June 2015

Audit & Risk Committee Charter

Your Retirement Guide. Employees

Developing Performance Goals and Expectations

CHAPTER 8 ORGANISING

2018 NEW BUSINESS CLIENT TAX ORGANIZER

Information Package CAFETERIA 125 PLANS

7J= TruckingOffice Trucking Management Software

Denver Public Schools. Financial Services. Full Time Ledger. Financial Services Manual

Transcription:

All f the cnsultants at AB Slutins cme frm an insurance agency backgrund, and each has a minimum f 20 years experience in Agency Operatins. Our wrk with hundreds f agencies ver the span f decades can ffer superir perspectives n almst every aspect f yur Agency s peratins and autmatin. List f Services that we prvide: Service Prcedures Develpment Create a written prcedures manual fr any ne department in abut five business days. Live develpment Prcess We type it up as it is discussed and agreed t by agency staff members. Prcess nrmally invlves significant amunts f training/review f Agency Management System functinality as specific tpics are discussed / debated during the develpment prcess. Agency management system Activity & Attachment Based Includes the cre prcedures like: New Business Renewal Prcessing (usually 2 r mre fr things like marketing f accunt vs. autmatic renewals vs. specialty prgrams, etc.) Endrsements Audits Cancellatins (usually multiples including Insured s Request, Nn-payment, Carrier nn renewal, etc.) Claims Agency Specific recurring items (Lss Cntrl Ntice handling, Walk in Cash Receipts, Mail Handling fr Frnt End Scanning) Includes Appendices like: Screen & Field requirements (Client Detail, Plicy, etc.) Agency Specific Naming Rules (Custmer Cding, Histry Naming, etc.) Mdificatin f yur agency management system is dne live during the 5 day prcess as thse items are discussed: Frm-letters Activities Attachment Categries, Sub-Categries, & Default descriptin Specialized Transactin Types Includes clickable links t hw t instructin pages if the agency has such wrkflw dcuments already purchased r created. Final manual can easily be saved t Agency Intranet. The resulting prcedures manual is a management tl; a rulebk that lets the staff knw the what and when f yur expectatins fr them.

Service Quality Assurance Prgrams 1 day t d set up and strategy planning nrmally included as part f initial prcedure develpment In rder t maximize the return f the agency s investment f prcedures and staff training, a frmal quality assurance prgram must be implemented. Based upn a written prcedures manual. Flexible frmat that allws fr mdificatin f the items t be audited based n the time available t cnduct the audit. Training f Agency Persnnel n effective strategies fr cnducting an audit Use f available agency management system reprts Exprting data t Excel fr mre effective review and distributin Numeric scring based system that allws fr charting perfrmance ver time. If requested, AB Slutins will assume respnsibility fr cnducting and managing yur agency s quality assurance prgram. Clean up f the Agency Management System 3 days 4 days w/ Security Manager Staff Training # f days varies based n training ptins selected. A neat and rderly agency management system is an essential cmpnent fr maximizing staff prductivity. All Agency Management System default cdes: Activities Attachment categries CSR s Plicy Types Statuses Frm-letters & Prpsals Cmpanies, Prducers, Certificate Hlders, etc. Strategies fr maintaining Clients & Plicies Security Manager On site r remte clean up ptins are available Operatinal efficiencies cannt be realized r maintained withut nging training n the best ways t utilize agency autmatin resurces. New User Service Staff Prducers Accunting Agency Management System Administratin E-filing / Frnt End Scanning Reprts Utilizatin f integrated Micrsft Office prducts Wrd Excel Outlk Review f sftware updates On site r remte training ptins are available

Accunting Service Fr any business t succeed ver the lng term, accurate financial recrds are nt ptinal. Training f Accunting Staff Clean up f prblem areas Cmpany Payables Accunts Receivables Prducer Payables Set up f the Agency Management System General Ledger Frmat f Financial Statements Entry f budget figures User Defined Transactins Mnth end ptins Recurring Jurnal Entry Accunting Reprts Canned management system reprts Custm Agency defined reprts Mnth End / Year End prcessing Recnciliatins Agency Bill Direct Bill Check Bk Invicing wrkflws fr entry persnnel Outsurced Accunting If the time and expense required t have well trained in-huse accunting staff is t high, we can take ver the rutine handling f the mre difficult accunting tasks fr yur agency. Mnth End / Year End prcessing Generate Reprts Lk fr prblems / issues Prepare summary reprt fr agency wnership Recnciliatins Agency Bill Direct Bill Check Bk Training n hw t perfrm rutine accunting functins fr agency entry persnnel (thse tasks which smene n the agency side will still need t enter) Invicing Depsits Entry and printing f perating checks

Service Prpsals & Frm-letters Integrated Prpsals and Frm-letters will save yur staff significant amunts f time as well reduce the agency s E&O expsure. Creating dcuments by hand crafting requires stupid amunts f time and effrt. And simply cpying such dcuments frm a prir perid r frm a different accunt and then revising the specific cntent creates a significant E&O expsure. Frmatted as per agency specificatins. Fnts, clrs r images can all be set up t match the agency s preference. Integrated with yur Agency Management System s the data in the applicatins pulls thrugh t the dcuments and the cmpleted Wrd dcument is attached t the Client file. Advanced utilizatin f Wrd functinality: If statements t mdify the utput based upn client data - S the same dcument will cme ut differently fr an Agency Bill vs. a Direct Bill plicy, r checking fr missing infrmatin n an applicatin, etc. Number frmatting s amunts always have cmmas r dllar signs if desired Capitalizatin frmatting s vehicle bdy type desn t always have t be in ALL CAPS Date frmatting and calculatin s the Expiratin date can appear as January 1 st, 2010 instead f 01/01/2010 Agency staff member training n the skills needed t create and maintain such dcuments can be included in the planning. On site r remte setup ptins are available Reprting & Data Extractin If yu understand hw t use them, the reprting and data extractin capabilities built int yur Management System are sufficient t meet the cmmn needs f mst agencies. Fr thse agencies with uncmmn needs, we are able t create agency specific slutins that allw fr the use f any data in the system t be utput int any frmat an agency desires. Training n hw t get the mst ut f the built in reprting capabilities f the Agency Management System. Creatin f custm reprts r data extractins using third party sftware prducts (withut endangering yur Agency Management System) Marketing & Sales use f the Agency Management System Setup and Custmizatin f the Agency Management System Yur Agency Management System is a pwerful and flexible tl. But it must be set up prperly in rder t realize its full ptential. Our wrk with hundreds f agencies ver the span f decades can ffer superir perspectives n hw yu shuld set up yur system. Real Time Interface (Transfrmatin Statin) Dwnlad setup Security Manager Clseday Night Utilities Custmizatin f the Agency Management System Field defaults Activities Categries Custm Decs Plicy Issuance / MGA specific setup issues

Phase Est. # f Days 1 5 Prcedures Develpment Service Plans Services 2 3 Clean up f the Agency Management System Staff Training 3 2 # f days varies based n training ptins selected and number f staff t be trained. Ideally, service staff members wuld each receive tw ½ day training sessins, with n mre than 10 staff members in any ne training sessin. 4 4 Prpsals 4 2 Reprting & Data Extractin 4 2 Setup and Custmizatin f the Agency Management System 5 1 + 1 day per 10 peple fr first audit Quality Assurance Prgrams 1 day t d set up and strategy planning nrmally included as part f initial prcedure develpment Separate Onging Service plans are prvided fr Accunting Accunting Outsurced Accunting Minimum 20 t 24 Days Ttal 5 t 6 Mnths t get started n Basic package f services at 4 days per mnth. Maintenance after that is available at a reduced rate in 1 t 2 day per mnth increments.