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System Overview

Recclaim's software solutions are a result of understanding how top-performing employees drive manual tasks and decision-making activities to fulfill an intensive operation within a business or industry.  It is through this evaluation that Recclaim deploys an application suite called SubroPro that will better the traditional business process.

Benefits of Service Oriented Architecture with SubroPro
SubroPro has been developed using a Service Oriented Architecture (SOA) methodology on top of an enterprise inspired backbone.

This SOA architecture allows us to smoothly integrate SubroPro into your current environment easier and with less internal IT resources. The enterprise backbone gives Recclaim a proven platform for delivering high-end scalable solutions for companies of all sizes.

Implementation & Security of SubroPro
Recclaim Software Solutions develops a tailored implementation team per project plan based on the needs and network environment of each customer. Our skilled project managers have years of enterprise level experience and will ensure that your implementation is easy and successful.

SubroPro is a server-side system installed on Recclaim specified servers inside the firewall of your internal network. Part of the integration phase of the Recclaim project life-cycle will be specking and building a system integrator. This integrator will serve as a plug-in to your current claims application to achieve system-wide cross directional interaction.

All system communications are performed within your local secured network. Out-bound traffic is only transmitted at the time of batch check processing. This is the process of submitting your checks to the Federal Reserve for deposit.

The way subrogation is today... The way it can be tomorrow!
The chart below illustrates the competitive advantage a subrogation unit can gain, by utilizing SubroPro, compared to today’s traditional subrogation methodologies.

 

Existing Subrogation Operations

SubroPro Solutions

I. Payment Processing

1. Check Processing

  • Traditional check processing
  • Conversion to electronic payments
  • Reduction in banking fees
  • Location independent

2. Transactional Costs

  • Manually process 100% of recoveries
  • Automation of 60 – 70% of payments

3. Debit & Credit Cards

  • Does not process
  • Functionality to process debit & credit cards
  • Recurring payments

II. Tracking and Reporting

1. Understanding Data

  • Labor intensive
  • Not compiled in the subrogation unit
  • Automated reporting
  • Easily customized
  • Performance focused and real time data collection

2. Trending

  • Data not captured
  • Multiple recovery trending reports
  • Issues – ie chipping of damages, rental, etc
  • Vehicles/products/liability scenario trending

3. Vendor Evaluation

  • Systems are not comparable
  • Rely on vendors to provide data
  • Utilization of same subrogation system
  • Real-time data available
  • Transfer of transactional costs to vendor

III. Employee Productivity

1. Settlement Arrangements
and Data Entry

  • Long hand or lognote format entry
  • Varied data entered individual by
    subrogation specialist
  • Standardized settlement/
    arrangement process

2. Ease of Use

  • Multiple systems
    (claim management system,
    document management, Outlook, financial reconciliation)
  • Creation of cheat sheets or smart codes to offset system limitations
  • All encompassing
    (Document Management, Check Verify, email client)
  • Customization of reports or business rules
    consistent with companies needs
  • Multiple roles accessing the same system

3. Increase Revenue

  • Add Employees to subrogation department
  • More efficient file handling
  • Improved recovery cycles through streamlined settlement process

4. Best Practices

  • Labor and time intensive research across multiple documents
  • System constraints in
    capturing data
  • Consistent application of best
    practice management
  • Relevant data on which to base
    decisions
  • Ability to provide real time feedback


Talk to a Recclaim Business Development Officer Today
In order to determine how your company can benefit from implementing a subrogation application, contact our highly experienced Business Development staff so Recclaim can better understand your internal workflows. We'll then ask to schedule a personalized demonstration that will show how SubroPro can meet your specific needs.

 

 

 

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Recclaim Software Solutions
2714 McGraw Drive
Bloomington, IL 61704
1-866-364-7122