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Virtual Claims Adjuster - Industry News

What is Evolving Software?

Imagine a company that thinks a little differently than their competition. A company who developed a product for its clients, and allows the clients using their product to have direct input into new features and enhancements they would like to see developed. This business model would insure client satisfaction, leading the curve in claims processing software.

Virtual Claims Adjuster stays current and fresh thanks to our partners, our clients. They direct which software enhancements are to be made, they bring to the table fresh new ideas each and every day. This partnership of many “brains” being brought together allows our software to lead the technology trend, always staying cutting edge.

Our evolving platform is unique to the software industry. This uniqueness allows our clients to keep up with the changing needs of the industry, keeping their software the most current and up to date. Virtual Claims Adjuster was developed for today with the flexibility to respond to the needs of tomorrow.

We would like to thank our partners throughout North America and Europe for all of their input over the years. You have brought Virtual Claims Adjuster to where it stands today. Leading edge technology meeting the changing needs of adjusters world-wide.


Calculating ROI (Return on Investment)

What is ROI? Return on Investment is one of many ways to evaluate a proposed investment. It compares the gains anticipated from an investment against the cost of the investment.

When a company decides to implement a claims management system, several factors bring them to this decision. The decision factor is based on the ROI of the technology in question.

A good return of investment would provide your business with a more effective way of doing business. Here’s a list of several factors you should consider when making this business decision:

  • Will this system allow us to gain rapid access from anywhere?
  • How much time would employees save by having immediate access to claims related data (no more hunting for information or files)?
  • Are there advantages by running web-based technology?
  • What security access is in place with this business system?
  • Will this investment in technology increase business performance, productivity, portability?
  • How will this business system make my company more scalable?
  • Will this system increase organizational speed?
  • Will this investment provide rapid and easier access and exchange of information for my clients?
  • Would this business system provide me with a new marketing tool to give my company a competitive edge in the marketplace?
  • Would this business system reduce IT costs?
  • Would this system bring employee satisfaction?
  • How will this system support insurers/ clients?
  • How will this system eliminate costly manual errors?
  • How will this system make employees more accountable?
  • Does this system provide several management level performance measurement tools/ reports?
  • Would this business system save time and manual errors when billing files? (a very important part of your business, revenue generation)
  • What costs would be saved in having a portal for insurers/ clients?
  • By having input on upgrades/ enhancements made to this business system, how will this assist my company?
  • What would be the training time involved, and ramp up time for my organization?
  • Does the business system provide templates to assist in reducing errors and also save administrative time?
  • Does this business system provide you with the tools to track employee performance and minimize mundane tasks of running an organization?
  • What costs could be saved by running a paperless office?

The above list will help you identify the cost saving benefits a company can expect by implementing a software solution. Each company that reviews their cost savings will save a different amount of “cost savings” depending on the size of the company, and the different policies each company has in place and how they operate their business.

To summarize ROI in a very basic example: If a business system cost your company $80.00 per user per month, but the ROI was that each employee saved 20 minutes per day by using this system, the cumulative cost savings would be enormous. In this example, each employee would save an average of 1.66 hours per week, on a yearly basis that would amount to 86 hours per year. If you calculate the cost of running a business system vs. the cost savings it provides the company, the benefit of running a business system actually pays for itself, and actually generates additional revenue by having it in place) – Now that’s a business solution every company could use!


Claims Technology Trends for 2006

Web-Based Software- Making the Top 10 Technology Trends list for 2006: wireless networks, multifunctional cell phones, internet telephony, online office applications.

There was a period, after the dot-com debacle, of belt-tightening, and consolidation; the market was about survival and clean up. Now business models are changing, and it's more about linking the business folks with IT.
In 2006 offices will keep moving towards web documents, e-mail and spreadsheets moving off your desktop computer to the web. Large internet companies are making noise here, too. Google will work with Sun Microsystems on the open-source OpenOffice project, leading many to believe that the Internet giant is eyeing some web-based office productivity software. Microsoft is also rolling out a service that will enable workers to collaborate on documents using the Web. The internet is becoming more of a business tool than ever before.

The bottom-line objectives most enterprises have –- how to do more with less, i.e. consolidation. Whether it's consolidating servers into a rack blade solution, outsourcing and tapping into web-based software applications, IT vendors are cranking out cost effective solutions they hope will give enterprises a reason to upgrade.

Virtual Claims Adjuster (VCA) is leading the trends in 2006, with it’s web-based software. VCA differs from it’s peers due to the fact that this is not a static application. Virtual Claims Adjuster evolves daily to meet adjusters changing needs. Current clients have been quite enthusiastic about the fact that they pay one low fee but receive more features as time ticks by. VCA focuses on providing the adjusting industry with the tools to become more profitable and it has become obvious that this software was designed by adjusters for adjusters.

Quotes from: Mercury News


ASSISTING CAT TEAMS WORKING IN THE HURRICANE Devastated AREAS

We want to express our deepest concern and best wishes for all who have been affected this year by these dangerous hurricanes.

We are pleased hearing feedback from our clients, that they were able to increase their business quickly, smoothly, and efficiently, assigning temporary CAT team adjuster licenses to Virtual Claims Adjuster.

Clients using Virtual Claims Adjuster from these devastated regions were able to quickly get their company back up and running quickly, as Virtual Claims Adjuster is web-based, storing all documentation securely online, saving all information on claim files off-site.

Our clients have reported that having the ability to increase licenses on a temporary basis allows them the flexibility to increase staff temporarily as required. CAT team adjusters that are using Virtual Claims Adjuster have expressed to our support team how easy the software is to use, making the transition for them a very easy one. Our 24/7 access, secure web-based software solution allows them to adjust from anywhere at anytime.


Software Product Value- Nothing Beats the Low Monthly Payment Structure

By pricing Virtual Claims Adjuster on a per adjuster basis, it allows our clients to grow into the software. They only pay for what they need. This provides companies of all sizes with a high end business solution to improve their overall efficiency and productivity. Our claims software is designed to change over time to meet our users changing requirements, developed by adjusters for adjusters. We keep our pricing simple and straightforward for our users; the price per adjuster is calculated on a monthly basis. There are no hidden fees; there is no initial costs, no large up front licensing fee, just a small monthly payment.


Insurer Claims Portal- What Adjusters Are Saying- “Fantastic Tool for their Insurers”

Insurer portal launches, Virtual Claims Adjuster users are extremely pleased to offer their insurers access to real-time claim details. Some users have reported office expenses have lowered, increasing their bottom line. By allowing their insurers to view reports online they no longer need to prepare the report, photocopy on company letterhead and mail out to the insurance companies. Claims are being handled more efficiently than ever before, communication lines between the insurer and the adjuster have never been better.



Virtual Claims Adjuster- Launching Across the USA

We are pleased with the enthusiastic response we are receiving from our neighbor and friend the United States of America. Insurance Adjusters in the USA this year have been flooded with claims due to all the recent hurricanes. Virtual Claims Adjuster's web-based platform allows adjusters and insurance companies access anytime/ anywhere. By organizing and handling their entire claims process, it frees up adjusters time allowing them to adjust more claims, quickly and efficiently.



YOU ASKED FOR IT, WE DELIVERED!

Code Evolution is thrilled to announce the final unveiling of Virtual Claims Adjuster..."an adjusters best friend"......

Currently we are organizing a beta test group to use our software free for 3 months. This will assist us with the final testing of this industry revolutionizing claims software. The web-based system has been perfected over the past 5 years with actual input from the claims professionals and industry resources. Our software is unlike anything on the market, we are so confident of our product that we are letting you test drive it for free for 3 months. NOW is the time to take control of your company, NOW is the time to check the pulse of your company, no more waiting for your company year end. What have you got to loose? What have you got to gain?



First Launch

A mid-size adjusting firm in the GTA with 100+ years of experience is excited to be the very first firm to utilize Virtual Claims Adjuster. Extensive testing is underway to ensure that it exceeds the expectations of the insurance industry. They are exited about taking the plunge from paper to paperless files. Why did they decided to change the way they were doing business?...quite simply because they were noticing definite struggles in regards to day to day tasks managing their company while attempting to complete senior level adjusting tasks. Having at their fingertips the ability to analyze their business with remote secure 24/7 access anywhere via the internet has changed the way that they will do business forever. They feel they are one step ahead of their competition by offering a more precise claims handling process, and more timely reporting while providing their insurers the ability to view real time file progress. Virtual Claims Adjuster has become all of their adjusters best friend.



 

 
 
 
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