Claims Processing Software

Discover the Best Claims Processing Software to Automate and Streamline End-to-End Claims Management 

The insurance claims management process is complex, and one needs to follow quite carefully to ensure that the claims are processed quickly, with complete accountability. Any gap in the documentation, miss-matching quotes, un-authorized facts, or illegible claims form may result in the rejection of claims or a delay in the settlement process. To reduce time and enhance customer delight and outcome, Insurance Companies are today employing the best claims processing software with AI features to automate claims processing. Claims management carried out with the claims processing software is proving to be genuinely transformational.

What is Claims Processing Software?

A claims processing software is a modern application that simplifies, inspects, and manages insurance claims digitally. Insurance claims management software also plays a vital role in automating workflow, ensuring that all data related to claims management and movement are stored in a centralized database. 

The claims management system aims to speed up claims processing tasks and provide satisfying resolutions that improve the customer experience. This is carried out using intelligent and agile tools, helping insurance companies set up terms and conditions with ease, complying with the government rules. 

How can a Robust Claims Processing Software Help to Amplify Claims Management Process?

If you want to expedite your claims processing and settlement, robust claims processing software is a perfect tool to bank upon. It minimizes the claims processing turnaround times to improve customer experience. The software further reduces operational costs and increases efficiency. It enhances claims accuracy by automating the different manual tasks. The system proves effective in making the claims intake simpler by quickly capturing all relevant information that companies need right upfront. It further streamlines case management, automates the payment and calculation process, and provides better claim insights. 

How to Select the Best Claims Processing Software?

Do you want to make your claims processing and management process hassle-free? You are one step closer to accomplishing your task. Unleash the opportunity to visit the GoodFirms site, explore some of the top claims management tools, check out the prominent features, compare prices, and finally make the best deal for your business.

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List of The Best Claims Management Software

  • 1. InsureEdge

    Complete Technology Suite for Insurers.
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    Damco’s InsureEdge is a scalable insurance software designed to help Insurers achieve maximum benefits through its comprehensive modules covering policy administration, claims processing, reinsurance, dashboards, and statutory reporting, agency management, and more. InsureEdge has the industry’s most comprehensive and flexible insurance processing functions for multiple lines of businesses, in... learn more about InsureEdge

    "Futuristic Insurance Agency Management System with Multiple Modules and Customizations"
    Brad Medapalli
    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    50%

    Category Focus

    Claims Processing Software
  • 2. HIPAAsuite

    EXPERTS IN EDI HEALTHCARE TRANSACTIONS
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    HIPAAsuite was created in 2001 to provide secure and affordable HIPAA EDI solutions for organizations within the healthcare industry.It all started with the HIPAA Claim Printer, a tool to print or display EDI claims as HCFA-1500 or UB92 claim forms. Today our company offers an entire suite of HIPAA EDI solutions with several hundred clients throughout the USA. ... learn more about HIPAAsuite

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    50%

    Category Focus

    Claims Processing Software
  • 3. Meditab IMS

    The All-in-One EHR, Practice Management, and Billing Software
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    Streamline your workflow and boost efficiency with IMS, our all-in-one EHR, Practice Management, and Billing solution. Designed by physicians for physicians, our award-winning Intelligent Medical Software caters to over 35+ specialties and practices of any size! Utilize technology that adapts to your practice, not the other way around. Almost every aspect of our software is 100% customizable and t... learn more about Meditab IMS

    Entry Level Price
    $199 Per Month
    Free Trial
    Available
    7%

    Category Focus

    Claims Processing Software
  • 4. Quadax

    Maximize Reimbursement
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    Quadax is a healthcare revenue cycle technology and services company focused on making the business of healthcare run better. Quadax enables clients to collect more and enhance visibility into their business, allowing them to focus on their role in providing quality healthcare. Enhance the success of your collections strategy by making more informed decisions and quickly resolving issues by levera... learn more about Quadax

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    50%

    Category Focus

    Claims Processing Software
  • 5. Radix

    Custom Debt Collection Software Solutions
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    Radixweb is a one-stop solution for all your Software Development Outsourcing Needs! Increase debt recovery with best debtors management software. Build a strong cash flow channel, increase debt recovery with debt collection software solutions and leverage the best of two worlds- finance and technology. Veteran to deliver highly scalable and automated industry specific debt collection software to... learn more about Radix

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    50%

    Category Focus

    Claims Processing Software
  • 6. Insta

    Run, Grow & Transform Your Healthcare Business
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    Stay ahead of the curve by providing your patients a great experience. Automate your workflows and enable online booking, electronic medical records, alerts and notifications to help your patients. Integrate technology into the growth story of your business to enhance engagement and scale faster. Streamline your operations to enable online and secure confidential access to operational, financial a... learn more about Insta

    Entry Level Price
    $40 Per Month
    Free Trial
    N/A
    14%

    Category Focus

    Claims Processing Software
  • 7. PLEXIS Payer Platforms

    The road to better business begins here
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    PLEXIS Healthcare Systems is a leading technology company that delivers trusted enterprise benefits administration and claims management solutions to self-insured employer groups and payers around the globe. PLEXIS ignites growth, innovation, and efficiencies across diverse business lines for self-funded employer groups, TPAs, health plans, dental plans, vision plans, cost containment companies, s... learn more about PLEXIS Payer Platforms

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 8. QuickCap

    Empowering your healthcare business with top-notch comprehensive healthcare solutions
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    Simplify your healthcare workflow processes, accelerate your clinical data procedures, and improve your financial outcomes with a combined set of solutions. QuickCap is a web application software that is designed to handle the different workflows related to healthcare-payer services so that healthcare-payer service providers can meet multiple operational needs with one solution. With QuickCap, you... learn more about QuickCap

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 9. Virtual Claims Adjuster

    THE CLAIMS PROCESS RE-IMAGINED
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    Transform your claims specialists from administrators to advisors and resolve claims faster – without compromising security or safety. VCA’s cloud-based software cuts file handling costs by as much as 30%, and within minutes can triage thousands of claims and smart-distribute them to adjusters based on location, workload capacity and productivity scores. Extend your enterprise beyond the four ... learn more about Virtual Claims Adjuster

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 10. Innoveo Skye

    Imagine. Design. Create.
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    At Innoveo, we reinvent the way enterprise applications are created, with our no-code platform, Innoveo Skye®. Without having to write a single line of code, we are much faster than traditional development methods. Operating as a global technology provider for more than 10 years, our mission is to accelerate our customers’ digital journeys and empower them with an omnichannel solution for all c... learn more about Innoveo Skye

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 11. Payline Data

    Payment Processing You Can Trust
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    For businesses that need a more flexible and friendly payments partner, Payline offers products for however you need to accept payments. We offer ecommerce integrations, hardware, invoicing, ACH, and a virtual terminal. Payline is headquartered in Chicago, IL and built on a foundation of providing opportunities for employees and customers to achieve their greatest potential, and giving to those in... learn more about Payline Data

    Entry Level Price
    $10 Per Month
    Free Trial
    Available
    100%

    Category Focus

    Claims Processing Software
  • 12. Mitchell WorkCenter

    Comprehensive, web-based claims management system for auto insurers to simplify claims processing
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    Auto insurers need tools to simplify physical damage claims processing from the first notice of loss (FNOL) to settlement. Mitchell WorkCenterTM is an open, end-to-end modular solution that allows you to configure the modules and integrations specific to your unique business needs. Achieve better outcomes through improved accuracy and efficiency, while lowering the total cost of ownership. Our pla... learn more about Mitchell WorkCenter

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 13. CaseBlocks

    Manage all your claims on the Caseblocks Cloud
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    Let the Caseblocks cloud take care of all your claims. Choose from a range of ready made templates to start processing claims right now, or use the configuration tools to customise or integrate to your environment. CaseBlocks for Claims Management provides a platform for managing your end-to-end claims process. CaseBlocks enables you to rapidly adapt your claims process in order to keep up with ne... learn more about CaseBlocks

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 14. Payapps

    PREPARE, SUBMIT, ASSESS. JOB DONE.
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    Payapps bridges the gap between multiple organisations and stakeholders, by providing an easy-to-use, real-time status of progress claims. Developed specifically for the construction industry, it allows everyone to collaborate on a single platform, eliminating the need for endless spreadsheet reconciliations, email trails and phone calls. Payapps is a simple yet powerful collaboration tool suitabl... learn more about Payapps

    Entry Level Price
    Contact Vendor
    Free Trial
    Available
    100%

    Category Focus

    Claims Processing Software
  • 15. Merimen eClaims

    Track and Manage every Claim from Start to End
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    80% of the claims process happens outside the insurer – be it the damage inspection by loss adjusters, repair by contractors, or the recovery from third-party insurers. That’s why it’s important to not just digitize your internal claims process – you have to onboard the rest of the ecosystem to be truly digital. eClaims connects all parties to transact every step of the claims process onli... learn more about Merimen eClaims

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 16. PCRS

    Continue Your Digital Transformation with PCRS
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    PCMI Corporation offers a modular package of software solutions for the administration of F&I Products, Service Contracts, and Extended Warranties. Our modular platform, Policy Claim and Reporting Solutions (PCRS), supports and automates the full lifecycle of all aftermarket products. Our advanced knowledge of the extended warranty and service contract industry allows us to streamline new ideas an... learn more about PCRS

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 17. RiskVille

    RiskVille is a cloud based solution designed for any type of insurance business
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    Manage your day-to-day operations including customer relationships, claims, policies and risks in one system. RiskVille is a Cloud Solution for Risk and Insurance Management. It’s single data storage accessible 24/7 for managing personal lines, commercial lines, or benefits. RiskVille has the following modules 360 Customer View, Customer Portal, Policy Management, Claims Management, Rating, Quot... learn more about RiskVille

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 18. Cases CRM

    Allows the users to manage their cases from start to finish
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    BrightOffice Case Management Software can be used for a variety of cases, including; PPI, Pension Transfers, Mis-sold Mortgages. The software can be customized to suit your business needs, designed to handle claims in high volume. Effectively manage your cases and customers with feature rich case management at the core of the software. Manage a multitude of case types including PPI, pension transf... learn more about Cases CRM

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 19. Advanced Insurance System

    P&C Insurance Platform Providers
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    AIS (Advanced Insurance System) is a P&C Platform that provides innovative quoting, policy administration, billing, claims management and reinsurance software solutions to P&C companies. This modular system can interface across platforms or operate as a complete end-to-end solution. It offers great flexibility – customers can design their own applications, create coverages, modify screens, or pe... learn more about Advanced Insurance System

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 20. Alyce

    Workers’ Compensation, Auto, General Liability, and Property Claims Management Software.
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    ALYCE is specifically designed for self-insureds, municipalities and small TPAs handling Workers’ Compensation, Auto Liability, Auto Property, General Liability, and Property claims. ALYCE has an intuitive design with important data elements on the main claim page, including the claim’s financial summary, with all of the other important details available with a quick scroll or a single click.... learn more about Alyce

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 21. BizFlow

    Business Process Automation
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    BizFlow provides BPM-based case management frameworks for automating Customer Service and Claims processes. Customer Service frameworks enable users to initiate and track correspondence as well as access and edit documents. Managers can assign roles and responsibilities, determine workloads, and monitor assigned cases. Whether cash, credit, life, personal accident, PPO, or pre-approved claims, Biz... learn more about BizFlow

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 22. BriteCore

    Software for Modern Insurers
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    BriteCore is a trusted, fully-managed insurance platform for the property and casualty industry that supports digital transformation, emerging technologies, and new business models. BriteCore leverages modern technology to solve everyday business challenges, so your team can work faster and more efficiently. Collaborate from anywhere using powerful, web-based tools that streamline tasks, optimize ... learn more about BriteCore

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 23. ClaimBook

    A powerful cloud-based Revenue Cycle Management solution from ABI Health
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    ClaimBook enables faster settlement of insurance claims, improved accountability and fewer rejections. It is well equipped with the features to address every part of the claims and evidence submission. ClaimBook supports international patient treatment with dedicated workflows, therefore enabling medical tourism. ClaimBook can track claims that are fully or partially paid and categorize them as su... learn more about ClaimBook

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 24. CLAIMExpert

    Empowering Your Adjusters and Improving Your Bottom Line
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    The Acrometis flagship claims processing solution offers unparalleled workflow management, with documents automatically routed by a configurable rules engine. Based around claim assessment scoring, body part to claim compensability matching, jurisdictional directives, relatedness scoring and a host of other claim elements the Acrometis business rules are designed to reduce claim duration and costs... learn more about CLAIMExpert

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
  • 25. ClaimLogik

    Connect everyone in your property claim.
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    ClaimLogik connects everyone in a property claim from first notice of loss through to completion. Anyone in the claim process can receive assignments, complete tasks, view status and communicate from the office or in the field. Utilize a combination of manually set tasks, automated smart tasks and automated claim watches to produce better speed, cost and service outcomes. Completely digitalize the... learn more about ClaimLogik

    Entry Level Price
    Contact Vendor
    Free Trial
    N/A
    100%

    Category Focus

    Claims Processing Software
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Frequently Asked Questions

Is Claims Processing Software Worth Investing?

Yes, investing in claims processing software is beneficial for insurance companies, individuals, corporate claimers, and sectors like the healthcare sector. The best insurance claims management software streamlines the processing, management, and administrative tasks, reducing manual errors. The advanced claims management system allows access to the claim status even from remote locations with robust security and SSL certificates. Also, the top claims management solutions allow companies to fasten the process and release payments quickly.

Which Industries Can Unleash the Benefits of Claims Processing Software?

Technology is driving massive improvement and innovation in every sector. There is no doubt that it is enabling far greater efficiency in business processes. With the claims processing software market moving up, various businesses from different industry domains have started to unleash the claims management process's benefit. The key industries predominantly using the claims management system include insurance, the healthcare sector, travel, transport, aviation, hospitality, banking, capital, automotive, manufacturing, retail, and e-commerce. 

In addition to these, fire and safety, real-estate and property owners, customers, oil, energy, and gas industries, telecommunication, and the public sector.

What Type of Claims Does the Claims Management Software Handle?

As said, claims management tools can efficiently handle and process all types of claims. These include loss due to theft and burglary, damage due to fire or a natural disaster, injury caused due to fall or accident. Also, businesses file claims for product liability, accidents taking place at the workplace, reputational damage or harm, and accident or damage to a commercial vehicle.

How Does Insurance Claims Management Software Benefit the Healthcare Sector?

The best insurance claims management software has become a handy asset for the healthcare industry and patients undergoing treatment at hospitals. 

One of the critical benefits that the healthcare sector unleashes is that the medical claim insurance processing gets automated. This allows speedy turnaround times that can reduce the processing costs. 

Furthermore, accurate and easy claims processing methods help boost customer experience and detect fraudulent claims in a simplified manner. The claims processing cycle becomes shorter. 

The stakeholders and insurance providers have fewer reconciliation activities, more streamlined and focused administration. The claims submission process is instant and precise, with no errors, and the insurer can check the claims' status in real-time.

How Long Does it Take to Process and Settle a Claim Digitally?

There is no denying that electronic claims processing and settlement are much faster, accurate, and simpler than traditional methods. Most customers and companies filing a claim against a loss and damage wish to hasten the entire settlement process. Digital claims automate the entire process, reducing the time drastically when compared to paper-based claims. 

The simple and easy-to-use insurance processing functions of the top insurance processing software enable the users to input data, check, and process the claims digitally. Paper claims are checked manually; hence it takes time.

What Factors are Crucial to Choosing the Top Claims Processing Software?

It is essential to understand your requirements and decide what type of insurance claim you want to file. Research the insurance company and software vendors thoroughly to choose one that matches your criteria. Go through the features of full claims processing software and decide which will prove most useful in streamlining claims. Check out the pricing model. You can also go for free claims management software if you don't want to invest any money. Find what other facilities and benefits the software vendor has to offer.

How Much Does Claims Processing Software Cost?

If one talks about the costing of claims processing software, there are different deciding factors. For example, there is an option of free and open source claims management software like ClaimsControl. Similarly, if you search for affordable claims management software, you will come across options such as Inblue Request starting at $8 per month and Payline Data, which starts at $10 per month. 

In case you want to invest more, there are far more options available depending upon the features and deployment options. Some of these may offer free trial periods. 

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