Optimize Payments

Boost customer experience by digitizing the claims process

Deliver claim payments faster using the technologies of Deluxe Payment Exchange and Prelude Software. Provide choice in how funds are deposited whether digitally or print and deposit.

OVERVIEW

Did you know?

 

“The top two factors claimants value with payment experience are security of their financial data and speed of payment.” 

- PYMNTS.com Disbursement Satisfaction Index 2018

Keep your claimants happy and give them a better experience. This will help improve your ever-important net provider score. Here’s how: In a world where customers now demand options for payments, Deluxe gives them a choice. With Deluxe Payment Exchange, clients don’t need to provide a bank account or routing number. Making payments goes from a 4-day process to a 15-minute process just like that.

FEATURES & BENEFITS

Boost NPS and meet customers’ changing demands

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Drive NPS With quick payments

Help boost NPS with a fully digital payment experience. As soon as claims are approved, payments can be issued by adjusters and received in seconds

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Give claimants control

Clients recover quicker from crisis receiving claims payments immediately in the manner they choose, via credit card, debit card, direct deposit (ACH), or printing eChecks.

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Experience easy integration

Using the Guidewire-Certified accelerator from Prelude, integrate digital payments seamlessly into Guidewire and other insurance core systems reducing deployment times by up to 78%. Adjusters can digitally issue claim payments and EOPs from their current claims system. No need to learn new programs.

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Help eliminate digital confusion

Deluxe Payment Exchange delivers and manages the most popular payment methods for claimants to choose from, while integrating seamlessly into insurance core systems and meeting unique carrier needs.

Facts

Pay claims in seconds from the office or in the field

Upon approving claim, adjuster issues payment in claims system.

Via API, Deluxe Payment Exchange digitizes and sends payment and EOP to claimant.

Claimant notified of claim payment, chooses payment method, and views EOP.

MORE INFORMATION

Bring seamless, integrated digital payments to clients

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Reduce disbursement costs 

Remove expenses of labor and materials of making paper check payments by mail.

Remittance information included

The EOP can be attached to the payment for claim details.

Deliver faster, flexible payments 

In times of need, your claimants expect fast, hassle-free settlement. Digital payments are the answer.

Feel safe and secure

Innovative security features dramatically help reduce risks to your agency. And, because you only need an email address to send a payment, no sensitive financial information ever changes hands.

HOW IT WORKS

Here’s the way Deluxe Payment Exchange works with Prelude Software

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Payment issued

Upon approving claim, adjuster issues payment in claims system.

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Payment sent

Via API, Deluxe Payment Exchange digitizes and sends payment and EOP to claimant.

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Payment received

Claimant notified of claim payment, chooses payment method, and views EOP.

Request a free demo

Learn how easily Deluxe Payment Exchange can integrate into your current AP process.

We’re here to help

Simply fill out the form and one of our experts will reach out to help you get started.

TESTIMONIALS

See what real customers have to say about Deluxe Payment Exchange

Our customers that select the eCheck option have been happy with the experience, and the cost savings is noticeable as well, since a paper check can cost us $5-$8 to issue. The Deluxe eCheck integration allows claimants to be paid in minutes rather than waiting days for a check to arrive in the mail."

  • Ariel Shmorak

    Vice President of Product , Shipsurance

Recently, we added eChecks, which allow us to make payments quickly to [clients and vendors] who prefer checks. We have some small business vendors and clients who do not feel comfortable giving us banking information for [wires or ACH payments], but they would like to get their payments more quickly. So, we can offer them an electronic check that they can receive right away, but they can still control the receipt, processing and depositing of that payment."

  • Michael Kelly

    Senior Vice President of Finance and Treasurer , Tokio Marine North American Services

RESOURCES

Keep your business moving forward

Section Downloads

SMA Whitepaper: Strategies for Digitizing the Claims Payment Process

Understand emerging digital expectations from claimants and how Deluxe Payment Exchange is the best choice for quickly, cost-effectively digitizing payments without disrupting business processes.

Solution Sheet: Achieving End-to-End Digital Claims with Deluxe and Prelude Subhead

Learn how to deliver faster, flexible payments to policyholders and claimants when it matters most.
Section Videos

On-Demand Video: Digitizing Claims Without Disruption

Listen to Deluxe experts discuss in 12 minutes the challenges insurance companies face when moving from issuing claims payments by paper check to digital payments. Learn how we helped a Fortune 500 insurance carrier avoid these pitfalls in their journey of issuing digital claim payments. 
 
 

Prelude FAQ

What is claims processing?

Claims processing is the insurance company's procedure to ensure claim requests have complete information and are valid.