In addition to ensuring carrier accuracy, our VerifiaBill services are a huge advantage to your accounting department.
Carrier invoices are typically delivered as paper or PDF’s – these aren’t so useful from a data perspective. Not only do we convert your invoices into insightful spreadsheets, we even summarize the data in any way you like. For instance, we can show the total cost by benefit (medical, dental, vision, etc.) for each office location that you have.
Invoice Hack: How it Works
Once we receive your benefits administration data, we collect all of your invoices, no matter how they are received. Those invoices are then fed into the VerifiaBill system and automatically converted into real data.
Our algorithms match the employees on your invoices to the employees listed in your benefits administration database, and our team always reviews to ensure that the invoices have been imported properly.