Name: ClaimVantage Suite
Price: 300 USD
Author: ClaimVantage

Help Desk

Web and Video Conferencing

Customer Support

AI Chatbot

Development

Attendance Tracking

Career Center

Education

Association Management

Business Intelligence (BI)

Case Management

Collaboration

File Sharing

File Sync

Objectives and Key Results (OKR)

Office Suites

Unified Communications as a Service (UCaaS)

Enterprise

Accounting

FinTech

Online Trading

SaaS Spend Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Employee Performance Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Asset Tokenization

Business Internet Service Providers (ISPs)

Cloud Storage

Container Management

Debugging

Disaster Recovery as a Service (DRaaS)

Dynamic Application Security Testing (DAST)

Fraud Detection

In-Memory Databases

Incident Response

Integrated Development Environment (IDE)

Integration Platform as a Service (iPaaS)

Intranet

Managed Private Cloud

Managed Security Service

Modular Storage Area Network (SAN)

Network Function Virtualization (NFV)

Network Performance Monitoring

Runtime Application Self-Protection

SSL Certificate

Secure Web Gateway

Threat Hunting

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Email Marketing

Marketing Automation

Personalization Engines

Product Management

Sales and Marketing Automation

Social Media Management

Survey & Forms Building

Technology Review

Web Analytics

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales Forecasting

Sales Pipeline

Sales

Microsegmentation

Security Information and Event Management (SIEM)

Security

Automotive

Building Information Modeling (BIM)

Catering

Law Practice Management

Legal Research

Tour Operator

Vertical-Specific

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The ClaimVantage Suite, offered by Majesco, is a claims management software designed to automate and streamline the claims process for insurance companies of various sizes. According to the vendor, this solution caters to professions and industries such as life and health insurance providers, property and casualty insurance providers, dental insurance providers, and vision insurance providers.

## Key Features

**Flexible, Simplified Claims**: According to the vendor, the software automates and streamlines the claims process for a range of insurance products. It includes features such as eligibility checks, benefit applicability, claims summary, and post-submission claim form editing. The vendor claims that it supports insurance products like dental, life, vision, accident, long-term care, disability, critical illness, hospitalization, and more.

**Advanced Claims Management**: The vendor states that the software provides end-to-end claims management from intake to settlement and payment. It manages appeals, reopen claims, hold/release claims, void claims, resubmit claims, and archive claims efficiently. The software offers single-point-of-change functionality for effective discrepancy management. It includes a comprehensive 360-degree dashboard for each claim, allowing a unique cross-LOB claim view. Additionally, the vendor claims that it provides an event center to monitor claims timelines and action plans.

**Exceptional Customer Experiences**: According to the vendor, the software enables end-to-end, digitally-enabled claims handling for customers. It supports case-driven straight-through processing and exception workflow. The vendor states that it empowers claims adjusters with a highly configurable and business rules-driven platform, aiming to meet the evolving expectations of policyholders.

**Case-Driven Management with Straight Through Processing**: The vendor claims that the software automates and streamlines case management through always-on processing. It utilizes a flexible, simplified, STP-first, and automated claims operating environment. The software automates eligibility checks, benefit applicability, claims summary, and post-submission processes. It also configures workflows and tasks to optimize decision-making and reduce manual administrative duties. According to the vendor, it provides better insights for data-driven decisions.

**Better Claims Outcomes**: According to the vendor, the software utilizes built-in, rules-based best practices, workflows, and third-party integrations. It assigns claims to the right people at the right time to improve outcomes. The vendor claims that it improves the accuracy and timeliness of claim decisions. It manages discrepancies, monitors timelines, and creates action plans. The software also includes an event center to monitor claims timelines and action plans.

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Insurance Claims Management Software

ClaimVantage Suite

Overview

What is ClaimVantage Suite?