Product Profile of Producer Compliance and Relationship Management - PCRM System
Aithent Licensing System offers Producer Compliance and Relationship Management - PCRM System. Aithent Licensing System supplies various types of software for Financial, Government, Healthcare, Insurance and Technology sectors. The Producer Compliance and Relationship Management - PCRM System is a configurable Information Technology system that provides tracking, filing, requirement reminders and a variety of management reporting tools related to the compliance management process.
Advantages of Producer Compliance and Relationship Management - PCRM System are:
Prevents damage to company brand caused by state fines & disciplinary actions
Reduces "Total Cost of Compliance"
Avoids state fines & penalties by ensuring & confirming producers` compliance
Provides effective management reports & workflow reminders, including "Compliance Dashboard"
Consolidates Licensee information into a single, integrated profile
Verifies producer information at time of appointment
Identifies producers who are qualified to sell additional lines
Tracks state fees for perpetual Appointments & impact of insurer`s business line changes on appointments
Notifies company when disciplinary action is taken against producers
