Product Profile of Producer Compliance and Relationship Management - PCRM System
Aithent Licensing System offers Producer Compliance and Relationship Management - PCRM System. Aithent Licensing System supplies various types of software for Financial, Government, Healthcare, Insurance and Technology sectors. The Producer Compliance and Relationship Management - PCRM System is a configurable Information Technology system that provides tracking, filing, requirement reminders and a variety of management reporting tools related to the compliance management process.
Advantages of Producer Compliance and Relationship Management - PCRM System are:
- Prevents damage to company brand caused by state fines & disciplinary actions
- Reduces "Total Cost of Compliance"
- Avoids state fines & penalties by ensuring & confirming producers` compliance
- Provides effective management reports & workflow reminders, including "Compliance Dashboard"
- Consolidates Licensee information into a single, integrated profile
- Verifies producer information at time of appointment
- Identifies producers who are qualified to sell additional lines
- Tracks state fees for perpetual Appointments & impact of insurer`s business line changes on appointments
- Notifies company when disciplinary action is taken against producers