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Ratings and Reviews 0 Ratings
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What is Majesco ClaimVantage?
The impact of digital technologies on the insurance industry is significant, with companies that embrace these advancements poised to achieve a substantial competitive advantage. Traditional claim management processes that depend on multiple platforms, physical paperwork, and labor-intensive workflows are increasingly being replaced by cloud-based enterprise claim management systems. One such solution, the Majesco ClaimVantage Claims Management Software for Life and Health, streamlines the claims process from initial intake to payment calculations, all while integrating various systems to improve information flow across the organization. By facilitating accurate and timely claim decisions, businesses can enhance customer satisfaction and increase operational efficiency. Furthermore, built on the Salesforce Lightning Platform, Majesco ClaimVantage not only helps insurance companies and third-party administrators modernize their claims handling but also prepares them for future growth opportunities within the industry. As technology continues to advance, adopting such innovative tools will be essential for maintaining long-term competitiveness and success. Ultimately, the ability to adapt and evolve will determine which companies thrive in this rapidly changing environment.
What is ClaimLogik?
ClaimLogik streamlines the connectivity of all parties involved in a property claim, guiding the process from the initial loss report to the final resolution. The platform creates an integrated network for property assessment and repair, ensuring that everyone connected to your claim is engaged from start to finish. By prioritizing stakeholder management, it grants real-time access to each participant, allowing them to efficiently carry out their tasks and monitor activities in a structured and timely manner, all while ensuring complete transparency. Customized workflow modules are available for each stakeholder, enabling them to effectively track, manage, and fulfill their roles throughout the claims journey. With all parties connected to a single claim, ClaimLogik ensures that everyone has a clear view of the claim's status at all times. This comprehensive visibility into every action taken throughout the claims process fosters both accountability and efficiency. Furthermore, the platform incorporates digital contracts between insurers and their supply chains, supplemented by service level agreements that guarantee all suppliers and trades adhere to key performance metrics, facilitating effective evaluation and comparison of supplier performance. It also includes an automated exception management system to handle tasks that deviate from the established service level agreements, which helps maintain a smooth claims process. Overall, this all-encompassing strategy enhances collaboration, minimizes delays in claim processing, and ultimately serves to benefit every stakeholder involved in the claim. Additionally, by integrating advanced technology, ClaimLogik positions itself as a leader in transforming the claims experience for all participants.
Integrations Supported
Majesco
API Availability
Has API
API Availability
Has API
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Pricing Information
Pricing not provided.
Free Trial Offered?
Free Version
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Supported Platforms
SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Customer Service / Support
Standard Support
24 Hour Support
Web-Based Support
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Company Facts
Organization Name
Majesco
Company Location
United States
Company Website
www.majesco.com/majesco-claimvantage-claims-management-software-for-lh/
Company Facts
Organization Name
Claim Central Consolidated
Date Founded
2012
Company Location
Australia
Company Website
www.claimlogik.com
Categories and Features
Claims Processing
Adjustor Management
Case Management
Claim Resolution Tracking
Co-Pay & Deductible Tracking
Compliance Management
Customer Management
Electronic Claims
Forms Management
Paper-Based Claims
Payor Management
Policy Administration
Categories and Features
Claims Processing
Adjustor Management
Case Management
Claim Resolution Tracking
Co-Pay & Deductible Tracking
Compliance Management
Customer Management
Electronic Claims
Forms Management
Paper-Based Claims
Payor Management
Policy Administration