List of Novac STATIM Billing and Collections Customers
Chennai, 600018,
India
Since 2010, our global team of researchers has been studying Novac STATIM Billing and Collections customers around the world, aggregating massive amounts of data points that form the basis of our forecast assumptions and perhaps the rise and fall of certain vendors and their products on a quarterly basis.
Each quarter our research team identifies companies that have purchased Novac STATIM Billing and Collections for Insurance Billing Administration from public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources, including the customer size, industry, location, implementation status, partner involvement, LOB Key Stakeholders and related IT decision-makers contact details.
Companies using Novac STATIM Billing and Collections for Insurance Billing Administration include: Shriram General Insurance, a India based Insurance organisation with 5000 employees and revenues of $500.0 million and many others.
Contact us if you need a completed and verified list of companies using Novac STATIM Billing and Collections, including the breakdown by industry (21 Verticals), Geography (Region, Country, State, City), Company Size (Revenue, Employees, Asset) and related IT Decision Makers, Key Stakeholders, business and technology executives responsible for the software purchases.
The Novac STATIM Billing and Collections customer wins are being incorporated in our Enterprise Applications Buyer Insight and Technographics Customer Database which has over 100 data fields that detail company usage of software systems and their digital transformation initiatives. Apps Run The World wants to become your No. 1 technographic data source!
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| Logo | Customer | Industry | Empl. | Revenue | Country | Vendor | Application | Category | When | SI | Insight |
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Shriram General Insurance | Insurance | 5000 | $500M | India | Novac Technology Solutions | Novac STATIM Billing and Collections | Insurance Billing Administration | 2023 | n/a |
In 2023, Shriram General Insurance implemented Novac STATIM Billing and Collections in the Insurance Billing Administration category to centralize billing and collections business functions. Shriram General Insurance implemented Novac STATIM Billing and Collections in the Insurance Billing Administration category to align premium invoicing, receivables and collections workflows with its broader digital channel strategy.
The implementation leveraged Novac Technology Solutions capability to automate core insurance workflows, explicitly instrumenting Policy Generation, Claims Management and Customer Support systems through digital technological platforms. Novac STATIM Billing and Collections was configured to support premium invoicing, payment processing, collections automation and reconciliation functions alongside orchestration of customer service and claims touchpoints.
Deployment was executed as an online digital platform rollout across SGI operations in India, with Novac Technology Solutions providing IT and InsurTech services to the wider Shriram Group including Commercial Vehicle Financing, retail financing, Life and General Insurance units. Integrations focused on operational handoffs between policy administration, claims systems and customer support channels, enabling end to end electronic processing and channel routing as paperwork was removed from core workflows.
Governance centered on process automation and a staged operational transition, the organization moving toward paperless offices and near fully online platform operations following the tie up with Novac Technology Solutions. The InsurTech tie up was structured to centralize billing and collections controls, embed digital workflows into underwriting, claims and customer support, and to provision shared IT services across the group rather than discrete point solutions.
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