The collective settlement between brokers, underwriting agents and insurers is a laborious and error-prone process on all sides: Excel and PDF lists have to be entered and processed and then compared line by line with the company’s own data.
The Cosmo Bordero Tool in combination with the Cosmo AI Assistant supports accounting and operations in automating these processes:
- AI-supported conversion of incoming borderos into an internal standard format
- Consolidation of all borderod data in one system
- Convenient filtering, searching and systematic processing of all data
- Guided process for checking and releasing billing items
- Generation of accounting records
- Creation of outgoing borderos
More information can be found here.
