Network Payables
ePayPolicy’s Network Payables platform enables over 10,000 insurance organizations—including agencies, brokers, MGAs, premium finance companies, and carriers—to securely and efficiently send single or bulk payments such as commissions and vendor payables via ACH or check through a verified insurance network, streamlining slow, error-prone traditional payment processes with features like an invite management tool, connected accounting integration, and automated reconciliation to reduce costs, delays, and fraud risks.
Outbound Payments
Network Payables
Easily send payments across a verified insurance network.
- Commission payments & reconciliation
- Vendor payments
- Single or bulk payment options
Join the network of 10,000+ insurance organizations that send and receive payments every day.
Customers
Who Uses ePayPolicy’s Payables Network?
Thousands of industry partners, and growing.
Agencies
Upstream payments, commissions, vendor payments and more. All in one place.
Brokers & MGAs
Connect every company in your insurance network.
Premium Finance
Send and receive payments without check delays.
Carriers
Connect your network and remit via secure ACH and check payments.
The Problem
Slow Payments Are Slowing Down the Insurance Industry
Over-reliance on paper checks means grappling with high processing costs, slow delivery times, and fraud risks. Even traditional ACH methods mean accounting teams waste hours chasing down banking details for hundreds of payees in an error-prone, risky process.
Secure & Simplified
The Insurance Payments Network
Send funds across a verified insurance network.
Fast & Secure
Send funds via ACH or check across the entire insurance industry.
One Hub for Payments
Issue payments directly from your existing ePayPolicy dashboard.
Invite Management Tool
Onboard new payees fast. Use the invite management tool to upload a list of payees to invite them and track their onboarding status.
Made For You
Payables That Fit Your Process
Built for the flexible needs of the insurance industry.
1:1 Payments
Send one-off payments with just a few clicks.
1:Many Payments
Bulk upload files for larger payable statements.
Connected Accounting
Pull payable records directly from your accounting management tools.
Automation for Accounting
Payables Connect: Smart Reconciliation
Integrated tools for complex accounting needs.
Meet Your Match
Automatically scan, match, and reconcile market invoices with a solution for scale.
An End to Endless Statement Sorting
Automate the manual reconciliation of market invoices and carrier statements.
Faster Month-End Reconciliation
Close your books faster by automatically matching invoices, statements, and payments in one streamlined workflow.
A Platform Built for Insurance
The Payment Experience You’ve Always Wanted
Make payments the easiest thing you do.
Move Money Faster
Online, secure digital inbound and outbound payments.
Greater Visibility
View all your transaction data, in one place.
Integrated Accounting
Connect your existing systems, unlock time savings.
Secure and Compliant
Maintain compliance: we handle security.
Related
Network Payables
ePayPolicy’s Network Payables platform enables over 10,000 insurance organizations—including agencies, brokers, MGAs, premium finance companies, and carriers—to securely and efficiently send single or bulk payments such as commissions and vendor payables via ACH or check through a verified insurance network, streamlining slow, error-prone traditional payment processes with features like an invite management tool, connected accounting integration, and automated reconciliation to reduce costs, fraud risks, and administrative burdens.
Automation Nation - ePayPolicy
The article from ePayPolicy discusses the ongoing debate around automation, highlighting its benefits such as reducing human error and increasing efficiency, while addressing concerns about job displacement and AI's current limitations, and emphasizes the company's efforts to demystify AI and automation in the traditionally human-centric insurance industry by showcasing everyday examples like autocorrect.
How Digital Insurance Payments Can Optimize Your Business
The article explains that integrating digital payment processing in insurance businesses enhances customer experience by offering convenient, secure payment options, reduces manual labor and accounting errors through automation, and helps companies stay competitive by meeting modern consumer expectations, especially among younger clients.
ePayPolicy: Digital Insurance Payment Solution
ePayPolicy is a specialized digital payment solution trusted by over 10,000 insurance organizations—including agencies, MGAs, carriers, and premium finance companies—that streamlines insurance premium payments by replacing checks with a secure, PCI Level 1 compliant network featuring easy onboarding, AMS and API integrations to automate tasks, improve cash flow, reduce late or lost payments, and enhance operational efficiency, as evidenced by positive testimonials from industry professionals.
Life in the Fast Lane with Patriotic Insurance Group - ePayPolicy
Rob Bowen, founder of Patriotic Insurance Group, has successfully built his insurance agency by prioritizing service, integrity, and efficiency, and has greatly improved payment processing by adopting ePayPolicy’s specialized, user-friendly platform that streamlines client payments, reduces delays, and accommodates various payment preferences across multiple states.
ePayPolicy vs. IPFS - ePayPolicy
ePayPolicy offers a secure, customizable online payment platform with branded payment pages, a comprehensive dashboard for managing multiple payment types, integrations with popular AMS and CRM systems, and a free 60-day trial, serving over 6,500 insurance organizations to speed up receivables and policy binding, while emphasizing it is not affiliated with IPFS.