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List of Novac STATIM Billing and Collections Customers

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Logo Customer Industry Empl. Revenue Country Vendor Application Category When SI Insight
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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Buyer Intent: Companies Evaluating Novac STATIM Billing and Collections

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FAQ - APPS RUN THE WORLD Novac STATIM Billing and Collections Coverage

Novac STATIM Billing and Collections is a Insurance Billing Administration solution from Novac Technology Solutions.

Companies worldwide use Novac STATIM Billing and Collections, from small firms to large enterprises across 21+ industries.

Organizations such as Shriram General Insurance are recorded users of Novac STATIM Billing and Collections for Insurance Billing Administration.

Companies using Novac STATIM Billing and Collections are most concentrated in Insurance, with adoption spanning over 21 industries.

Companies using Novac STATIM Billing and Collections are most concentrated in India, with adoption tracked across 195 countries worldwide. This global distribution highlights the popularity of Novac STATIM Billing and Collections across Americas, EMEA, and APAC.

Companies using Novac STATIM Billing and Collections range from small businesses with 0-100 employees - 0%, to mid-sized firms with 101-1,000 employees - 0%, large organizations with 1,001-10,000 employees - 100%, and global enterprises with 10,000+ employees - 0%.

Customers of Novac STATIM Billing and Collections include firms across all revenue levels — from $0-100M, to $101M-$1B, $1B-$10B, and $10B+ global corporations.

Contact APPS RUN THE WORLD to access the full verified Novac STATIM Billing and Collections customer database with detailed Firmographics such as industry, geography, revenue, and employee breakdowns as well as key decision makers in charge of Insurance Billing Administration.