Modernizing Brokerage and Benefits Administration Organizations.
Project Details
A leading Benefits administration company was experiencing a wide range of quoting pain-points. The entire process was manual and disconnected. Quote approval was primarily done through email, Numerous products and service variable made it difficult for them to consolidate products into a manageable process.
Their disparate systems caused delays, and offered no control or visibility into the sales process.
Obstacles
No Inventory
Module
There was no centralized location to house healthcare insurance policies.
No Price
Configurator
No capability to configure billing frequency, add or install custom packages
No Integration
Between Quote
Sales team often would stop the quote to cash life cycle after a manual quote
No Real-Time
Insights
No capability to configure billing frequency, add or install custom packages
Smart Quoting with Bentech
Bentech is a software built and tailored for work on the intelligent cloud, designed to automate marketing, tailor campaigns, manage pipelines, and help, using analytics, every phase of health insurance.
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Centralized Platform for Product and Services
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Real Time Profit and Loss Calculation
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Centralized Platform for Product and Services
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Real Time Profit and Loss Calculation
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Instant Quote Generation & Approval Workflow
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Contract Execution & Actionable Insights
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Instant Quote Generation and Approval Workflow
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Contract Execution & Actionable Insights
How Bentech Makes Your Administration Smarter
Bentech's major selling point lays in its ability to ease the Administrative burden on often overworked members of the sales and operations team
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Increase Sales Accuracy
Introducing guided selling & intuitive wizard which is capable of adding new items during quote configuration on the fly.
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Applyu Dynamic Pricing
Central repository to configure and maintain price books, price list, formulas, create tier pricing, capable of handling any complex pricing scenario.
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PEPM Itemized View
Itemized view of per employee per month (PEPM) total revenue, enrollment cost, other fees, and internal costing.
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Contract Execution
Automate contracts, approvals, workflow approvals that take real-world situations into account, like non-sequential approvals and managers not always being available.
Exactly How Does Bentech Make Business Easier?
Bentech offers specific solutions to current administrative problems in insurance.
Project Statistics & Period Of Time
Find out how we process the project based on week by week. To make sure
its on schedule.
For the Healthcare System,
Bentech Offers the Best Prospects, How?
To further amplify its strengths, this smart tool can comprehend, manipulate and solve technical quoting.
Improve opportunity closure, order approval, sales pipeline
Increase revenue and decrease expenses; built in analytics
Formulate a proposal, pro-forma & a quote automatically
Advanced opportunity set-up workbench with built in components such as billing cadence, active & retiree employee count, service packages, etc.
Predictive Analytics, Empower Sales Reps
Available On-Demand as Software as a service (SaaS) Model Easy Integration on Salesforce CRM and
Microsoft Dynamic CRM (365) and also Availiable for On-Premise Deployement