Equator has launched its EQ Invoice Module for the servicing industry. Using a rules-based approach, the system simplifies the invoicing process and expedites reimbursements, Equator says.
The Invoice Module has a workflow that instructs users on which actions to take and when to fulfill each task. Automated workflow decisions are based on client configurable factors such as duplication, frequency and dollar amounts of claims. The system also identifies invoices that should be rejected and addressed on an individual basis, the company says.