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The Essential Guide to Claims Technology in a Changing Environment

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The Essential Guide to Claims Technology in a Changing Environment 11 C H A P T E R 4 : C O N F I G U R A B I L I T Y Why Organizations Need Configurable Software As claim organizations evolve, systems and processes need to change with them. • Older systems are often outgrown quickly and don't provide the configurability that organizations need to remain relevant in the present and for the future. • Processes that are designed within the parameters of existing legacy systems will likely be inefficient and ineffective. • The result of using a customized system that is not easily configurable can mean expensive upgrades, additional staff training, and a decrease in the effectiveness of the claims management process. Configurable systems are important as they can be easily modified to fit the unique needs of each claim organization and still take advantage of streamlined processes, automation, and industry best practices. Benefits of Configurable Software • Configurable systems are flexible and easily scalable to support the growth of organizations. • Ability to easily connect with data from multiple sources to allow for comprehensive, real-time metrics, which enables organizations to make better decisions. • Configurable cloud-based software can allow for a lower total cost of ownership without compromising individual customization, as all the costs of development, upgrades, and support are spread out over a large customer base. • Claim management efficiency can be refined as workflows can be easily modified without the need for custom coding. • Advancement in technology is driven by competitive pressure surrounding software providers. Configurable software results in software vendors that are always improving. Is Your System Configurable, Scalable and Effective? A claim administration system should deliver current technology that provides businesses with the tools to adapt and stay relevant. Does your system meet the current standards?

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