TrackAbility

TrackAbility by Recordables is a claims management software designed to facilitate the management of risk management and insurance claims. According to the vendor, this solution is suitable for businesses of various sizes and is utilized by professionals in industries such as risk management, claims management, safety, insurance, and government agencies.

Key Features

Complete Claims Management Software: According to the vendor, this software offers end-to-end management of injury liability claims, allowing users to create customizable claim types with user-selectable criteria. It enables claims to be entered from anywhere on any device through the Recordables incident portal, providing a customized incident form tailored to the organization. The software also allows for collaboration on claims and reports, with the ability to add pictures and videos. Users can gain a holistic view of financial data related to claims, such as payments and losses based on individuals, locations, and policy specifications. The software also features claims management linking between programs, customizable fields and permissions, and predictive analysis based on past claims and incident data.

Claims Management Software with Predictive Analysis: The vendor claims that TrackAbility utilizes unique predictive analytics to anticipate liability claims by leveraging risk prediction algorithms. This feature aims to reduce risk by identifying and predicting claims before they occur.

Claims Management Software with Trend Analysis: The software provides comprehensive tracking of liability insurance claims, allowing users to easily monitor and identify claim trends across the organization.

Claims Management Dashboards: TrackAbility offers claims management dashboards that provide current and actionable information about liability claims. These dashboards offer drill-down capabilities, enabling users to access both an overview of all claims and specific details about individual claims.

Workers Compensation Claims Management Software: According to the vendor, this software allows for comprehensive reporting, tracking, and analysis of workers' compensation claims. It facilitates remote incident reporting from anywhere using mobile reporting capabilities and offers collaborative features for adding pictures, videos, and supplemental information to claims. Users can generate clear and comprehensive financial data reports based on individuals, locations, policies, and more. The software also includes role-based security for adding or removing reporting fields and predictive analytics for identifying risk and making recommendations based on past data.

FMLA Tracking Software: TrackAbility provides efficient recording and tracking of Family Medical Leave Act (FMLA) and other leave requests. The software offers powerful medical leave reporting analytics and ADA tracking for compliance with the Americans with Disabilities Act. It also includes case management screens for organizing and completing FMLA and other claims, attachment of documents related to claims, customizable form letters and emails for automated communication, and integration with HR systems for seamless data transfer.

Certificate of Insurance Tracking Software: The software automates the tracking of incoming certificates of insurance, utilizing machine learning and automation for faster and more accurate processing. Users can receive notifications and reminders for certificates nearing expiration and track certificates for multiple insurance types across the organization. The software also tracks limit of liability compliance, allows for customizable form letters and emails for communication with vendors, and provides the ability to electronically store insurance certificates and related documents.

Comprehensive Claims Management Software: TrackAbility offers claims management dashboards with customizable widgets for real-time metrics. The software includes predictive analytics for identifying trends and making predictions based on claims data. Users can utilize an ad hoc report writer to easily customize reports and automate reporting, as well as integrate with other systems for seamless data transfer. Customizable fields and tables are available for organizing and arranging data, and the software includes heat maps with drill-down capabilities for visualizing patterns in claims data. Additionally, it provides powerful reporting analytics for in-depth analysis of claims data.