In a very short time CTP Solutions can help your Accounts Payable department substantially reduce transaction processing costs, increase efficiency through process automation and improved reporting for your Accounts Payable check processing.

We have proven solutions in the insurance industry today

We process:

• Claims checks - payments to policy holders, hospitals and medical facilities, or other companies serving the insured
• Administrative checks - payments made to suppliers providing the company with general and administrative services or supplies
• Commission checks - payments made to agencies which are responsible for selling policies to the insured
• Return Premium checks - refund payments made to policyholders due to changes in their balance

Functionality

• Daily printing and mailing of checks
• Pre-sort capabilities to reduce postage costs
• Ability to include supplemental documentation or paperwork (e.g.,EOB)
• Detailed daily reporting including check register
• Technical assistance during implementation phase
• Training of AP people
• Ongoing customer service
• Online Proofing and Approval processing

Reduce postage further with Cooperative HPUSA for documents that are sent to doctors - We can further save on postage by combining your checks with other companies.

This is how it would work. If one of our clients is sending one check to Dr. Smith and your company is also sending one check to Dr. Smith, then we place both checks into the same envelope saving on postage.