Monday, May 31, 2010
Takeaways from the 2010 ACORD LOMA Insurance Systems Forum
During this year’s sessions, the discussions centered on the technology imperatives for carriers and agencies to help lead them through these ultra-competitive and fast-changing times. Three points from a trio of industry analysts nicely summed up the direction that carriers need to focus:... click here for the full blog post
Monday, May 24, 2010
VUE Software at the ACORD LOMA 2010 Insurance Systems Forum
Coconut Creek, Florida, 5/24/2010 — VUE Software ® today announced their participation in the ACORD LOMA 2010 Insurance Systems Forum to be held at Mandalay Bay Resort, Las Vegas from May 24-26. VUE Software plans to showcase the extraordinary results achieved by the insurance agencies and carriers utilizing cutting-edge VUE Software solutions.
VUE Software customer Insphere Insurance Solutions is presenting an ACORD session titled Customer Relationship Management for Distribution Success: Support Agents Throughout the Sales Cycle to Better Meet Client Needs on Tuesday May 26th at 3:00 PM.
“The story of our client Insphere Insurance Solutions underscores the vision behind VUE Compensation Management as a powerful and flexible platform to meet the distribution needs of all insurance business models and verticals,” said Stephen Bruno, President and CEO of VUE Software. “We are excited to continue to underscore the value proposition with our Microsoft Dynamics CRM integration through our VUE IncentivePoint product. Our solutions enable insurance carriers and agencies to better support agents, giving them the insight they need to be productive and make smarter sales.”
VUE Compensation Management, VUE Incentive Point and Microsoft Dynamics CRM are available both in on-premise and on-demand, Software-as-a-Service offerings to give insurers even greater flexibility and lower cost of ownership.
“In the face of tough competition, insurance companies must provide better customer service while driving operational costs down,” said Bill Hartnett, general manager, U.S. Insurance Solutions Microsoft Corp. “Insurers deploying VUE Software distribution management solutions built on Microsoft Dynamics CRM achieve full sales pipeline insight, improved customer service and attract and retain profitable clients.”
About CSSI® and VUE Software®
VUE Software customer Insphere Insurance Solutions is presenting an ACORD session titled Customer Relationship Management for Distribution Success: Support Agents Throughout the Sales Cycle to Better Meet Client Needs on Tuesday May 26th at 3:00 PM.
“The story of our client Insphere Insurance Solutions underscores the vision behind VUE Compensation Management as a powerful and flexible platform to meet the distribution needs of all insurance business models and verticals,” said Stephen Bruno, President and CEO of VUE Software. “We are excited to continue to underscore the value proposition with our Microsoft Dynamics CRM integration through our VUE IncentivePoint product. Our solutions enable insurance carriers and agencies to better support agents, giving them the insight they need to be productive and make smarter sales.”
VUE Compensation Management, VUE Incentive Point and Microsoft Dynamics CRM are available both in on-premise and on-demand, Software-as-a-Service offerings to give insurers even greater flexibility and lower cost of ownership.
“In the face of tough competition, insurance companies must provide better customer service while driving operational costs down,” said Bill Hartnett, general manager, U.S. Insurance Solutions Microsoft Corp. “Insurers deploying VUE Software distribution management solutions built on Microsoft Dynamics CRM achieve full sales pipeline insight, improved customer service and attract and retain profitable clients.”
About CSSI® and VUE Software®
VUE Software® is the product division of Computer Solutions and Software International dedicated to providing industry-specific business technology solutions to companies in the insurance, healthcare, and construction verticals. Because they are tailored to the needs of these particular industries, our solutions are different from one-size-fits-all performance management and compensation suites such as enterprise incentive management (EIM) and sales performance management (SPM) solutions. VUE Software’s solutions allow companies to manage strategic incentive plans, automate producer administration and organize complex data and contractor policies, resulting in greater administrative efficiency and improved sales performance. For more information about VUE Software, please call 1.877.4.VUESOFT or visit www.vuesoftware.com
Media Contact:
Stephanie Castro
954-419-1008 x101
4800 Lyons Technology Parkway, Suite 4
Coconut Creek, FL 33073
CSSI® and VUE Software® are registered trademarks of Computer Solutions & Software International, Inc. All other registered trademarks or service marks belong to their respective companies.
Media Contact:
Stephanie Castro
954-419-1008 x101
4800 Lyons Technology Parkway, Suite 4
Coconut Creek, FL 33073
CSSI® and VUE Software® are registered trademarks of Computer Solutions & Software International, Inc. All other registered trademarks or service marks belong to their respective companies.
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Wednesday, May 12, 2010
VUE Software at the 2010 ACORD LOMA Insurance Systems Forum
The 2010 ACORD LOMA Insurance Systems Forum is right round the corner, and we are excited to participate in meaningful dialogue about emerging insurance technology. As an active member at the forum, VUE Software plans to showcase its role in providing... click here for the full blog post
Wednesday, May 5, 2010
Producer Insights: Part I
This article is part of a series of interviews with insurance agents and brokers about carrier technologies that impact their business. Stay tuned for future articles.
When Sandra Anderson, Office Manager of Vermont Brokerage Services, says that her firm truly cares about placing their clients with the best coverage for them, you believe her. Perhaps it’s because Ms. Anderson, a native of Boston, has been in Vermont long enough to assimilate into the culture of genuine niceness that Vermonters are known for. But beyond just being nice, Vermont Brokerage Services’ dedication to... click here to read the full transcript of the interview
When Sandra Anderson, Office Manager of Vermont Brokerage Services, says that her firm truly cares about placing their clients with the best coverage for them, you believe her. Perhaps it’s because Ms. Anderson, a native of Boston, has been in Vermont long enough to assimilate into the culture of genuine niceness that Vermonters are known for. But beyond just being nice, Vermont Brokerage Services’ dedication to... click here to read the full transcript of the interview
Tuesday, May 4, 2010
Extend Health Goes Live with VUE Compensation Management
Coconut Creek, Florida, 5/4/2010 — Computer Solutions and Software International, Inc. (CSSI®), today announced that VUE Compensation Management ® went live at Extend Health, Inc., the company that operates the largest private Medicare exchange. Extend Health will use VUE Compensation Management to streamline their commission revenue and reconciliation processes.
The solution will enable Extend Health to automate its commission revenue forecasting, payment reconciliation and revenue recognition activities, resulting in more accurate revenue projections and timely and complete collections. With the ability to provide powerful forecasts and comprehensive payment reconciliation, Extend Health will be well positioned to make significant business decisions that will drive growth, while maximizing commission cash flows.
“The VUE Compensation Management solution will significantly improve the way we manage our commission forecasting and collections processes”, said Terri Brncic, VP, Finance and Controller at Extend Health. “The ability to see real-time, policy-level information about the value of our book of business will enable us to optimize our product offering and provide greater leverage in our carrier relationships. Furthermore, we expect to see improved cash flows as a result of the automated reconciliation capabilities. Historically, we have experienced challenges in reconciling our expected commissions against the actual receipts, due to the extremely high volume of payment transactions, This system will streamline our collections efforts by automating the matching process and providing robust payment exception reporting, enabling 100% collection of our commissions.”
“Extend Health will be able to leverage the service oriented architecture of VUE Compensation Management to calculate expected commissions for new and renewal enrollments,” said Joseph Westlake, Vice President at CSSI. “The solution offers large agencies and exchanges rich end-to-end capabilities for revenue reconciliation. With VUE Compensation Management, Extend Health can easily track and reconcile large volumes of differences between expected commissions and actual payments from respective carriers.”
VUE Compensation Management, built from the ground up by insurance specialists, calculates commissions on multiple metrics in the most complex insurance business environments. Designed to be scalable, flexible and richly functional, the solution accommodates changing business rules and growing businesses in addition to identifying and reconciling discrepancies in commission calculations.
About Extend Health
Extend Health, Inc. was founded in 2004 to serve Medicare-eligible retirees and their corporate sponsors. The company operates the country’s largest private Medicare exchange and has helped more than 250,000 retirees compare and choose the private Medicare plan that best meets their needs and budgets. With Extend Health employer solutions, Fortune 500 companies, unions, and municipalities can save up to 35% on retiree health care compared to legacy employer group plans. For more information, visit Extend Health on the web at www.extendhealth.com.
About CSSI® and VUE Software®
VUE Software® is the product division of Computer Solutions and Software International dedicated to providing industry-specific business technology solutions to companies in the insurance, healthcare, and construction verticals. Because they are tailored to the needs of these particular industries, our solutions are different from one-size-fits-all performance management and compensation suites such as enterprise incentive management (EIM) and sales performance management (SPM) solutions. VUE Software’s solutions allow companies to manage strategic incentive plans, automate producer administration and organize complex data and contractor policies, resulting in greater administrative efficiency and improved sales performance. For more information about VUE Software, please call 1.877.4.VUESOFT or visit www.vuesoftware.com.
Media Contact:
Stephanie Castro
954-419-1008 x101
4800 Lyons Technology Parkway, Suite 4
Coconut Creek, FL 33073
CSSI® and VUE Software® are registered trademarks of Computer Solutions & Software International, Inc. All other registered trademarks or service marks belong to their respective companies.
The solution will enable Extend Health to automate its commission revenue forecasting, payment reconciliation and revenue recognition activities, resulting in more accurate revenue projections and timely and complete collections. With the ability to provide powerful forecasts and comprehensive payment reconciliation, Extend Health will be well positioned to make significant business decisions that will drive growth, while maximizing commission cash flows.
“The VUE Compensation Management solution will significantly improve the way we manage our commission forecasting and collections processes”, said Terri Brncic, VP, Finance and Controller at Extend Health. “The ability to see real-time, policy-level information about the value of our book of business will enable us to optimize our product offering and provide greater leverage in our carrier relationships. Furthermore, we expect to see improved cash flows as a result of the automated reconciliation capabilities. Historically, we have experienced challenges in reconciling our expected commissions against the actual receipts, due to the extremely high volume of payment transactions, This system will streamline our collections efforts by automating the matching process and providing robust payment exception reporting, enabling 100% collection of our commissions.”
“Extend Health will be able to leverage the service oriented architecture of VUE Compensation Management to calculate expected commissions for new and renewal enrollments,” said Joseph Westlake, Vice President at CSSI. “The solution offers large agencies and exchanges rich end-to-end capabilities for revenue reconciliation. With VUE Compensation Management, Extend Health can easily track and reconcile large volumes of differences between expected commissions and actual payments from respective carriers.”
VUE Compensation Management, built from the ground up by insurance specialists, calculates commissions on multiple metrics in the most complex insurance business environments. Designed to be scalable, flexible and richly functional, the solution accommodates changing business rules and growing businesses in addition to identifying and reconciling discrepancies in commission calculations.
About Extend Health
Extend Health, Inc. was founded in 2004 to serve Medicare-eligible retirees and their corporate sponsors. The company operates the country’s largest private Medicare exchange and has helped more than 250,000 retirees compare and choose the private Medicare plan that best meets their needs and budgets. With Extend Health employer solutions, Fortune 500 companies, unions, and municipalities can save up to 35% on retiree health care compared to legacy employer group plans. For more information, visit Extend Health on the web at www.extendhealth.com.
About CSSI® and VUE Software®
VUE Software® is the product division of Computer Solutions and Software International dedicated to providing industry-specific business technology solutions to companies in the insurance, healthcare, and construction verticals. Because they are tailored to the needs of these particular industries, our solutions are different from one-size-fits-all performance management and compensation suites such as enterprise incentive management (EIM) and sales performance management (SPM) solutions. VUE Software’s solutions allow companies to manage strategic incentive plans, automate producer administration and organize complex data and contractor policies, resulting in greater administrative efficiency and improved sales performance. For more information about VUE Software, please call 1.877.4.VUESOFT or visit www.vuesoftware.com.
Media Contact:
Stephanie Castro
954-419-1008 x101
4800 Lyons Technology Parkway, Suite 4
Coconut Creek, FL 33073
CSSI® and VUE Software® are registered trademarks of Computer Solutions & Software International, Inc. All other registered trademarks or service marks belong to their respective companies.
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