White Papers

Cash Disbursement System

• Tags:
• check,
• insurance,
• disbursement,
• request

Overview The Cash Disbursement System (CDS) is the key to disbursement control for today's insurers. CDS goes far beyond the scope of conventional, cross-industry accounts payable packages because in an insurance company, the accounts payable function is just a fraction of the overall disbursement activity. It is a many-faceted problem of multiple check-writing systems and manual check request systems - fragmented maintenance of automated systems, redundant procedures, multiple check stocks, increasing volumes of check requests, and inadequate validation. With CDS, you have one solution to the insurance industry's disbursement problems; one focal point for controlling a multiplicity of variables; one central repository and reconciliation facility for all your check-writing; and one system to satisfy all your present and future disbursement needs.

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