Clear SUBROGATION™
Vendor Relationship Management Module
Clear Subrogation's Vendor Relationship Management Module replaces the manual process of selecting and assigning subrogation files to third party vendors including; collection agencies, attorneys, and investigative experts.
In most insurance companies the process for qualifying and selecting vendors is loosely defined. Once a vendor is selected, the transfer of the claim to the vendor requires a manual handoff of all documents related to the claim.
Comparing vendor results and tracking their performance is nearly impossible due to lack of timely reports and comparable data.
Important information such as the volume and type of files assigned to specific vendors, and the dollar value of files at various stages in the recovery cycle may not be available. It is difficult to know which vendors are being used and there may be inconsistent service standards and fee schedules.
The Vendor Relationship Management Module enables insurance companies to take proactive control of vendor administration, select qualified vendors, efficiently assign claims to vendors, institute controls over the service delivery process and track the effectiveness of each vendor.
To learn more about specific features and benefits, download our product brochure or contact us at +1 (877) 305.1951 or solutions@clear-technology.com.
