Did you know that every cheque and associated report you send to ABEX actually costs you about $18 to issue and mail to us? On the other hand, ClearPay is integrated into the majority of broker management systems and is an easy digital solution for less than $2 per payment!
Anytime you need to send funds and underlying policy information to us, ClearPay makes electronic payments easy and far cheaper than cheques.
The software is broker-friendly; you follow your existing workflows in generating disbursements and ClearPay automates the gathering of approvals, report and funds delivery. Once and done from your BMS! At a cost of less than $2 per payment, you’ll be saving approximately $15 per transaction that you spend today with cheques and manual reporting. Saved time can be used to devote to more productive customer services. And, most importantly, it’s a digital solution that presents a modern alternative to cheques and helps ensure accurate application to our customers’ policies.
The table below outlines some of the benefits of using ClearPay over cheques and EFTs:
This is just another step towards making it easier to do business with ABEX!
This platform presents mutual benefits and you can learn more by: