Archive for category: Software Development

Claim Management Software

Focus On People with Insurance Claim Management Software

The insurance business is all about understanding your customers and focussing on them. And if some too exists that can make this easier for you, wouldn’t you love to have it in your business? We figured. The answer to all your problems lied in a simple solution – insurance claim management software.

How Does It Work?

Customers need help and communications frequently from the insurers while settling a claim. They want the information to be transparent, to be made available when they want, and settle the claim as soon as possible.

All this is possible when you have an efficient process in place. Insurance claim management software works to do exactly this. Here’s how:

1.     Manage Claims Lifecycle

With this software, you do not have to be caught up between the FNOL, the investigation, and settlement. The software manages the entire lifecycle for you, beginning from FNOL to the setup of claims, processing of a claim, and claims settlement.

2.     Agile & Scalable

The insurance claim management software is agile for business changes and is scalable. We know that you won’t be confined to the same number of customers forever. So, your software should be business rules-driven. This allows you to meet customer expectations.

3.     Profit Catalyst

The software gives you a safeguard against frauds and errors in the process. It is said that to err is human, but machines don’t make mistakes. And you certainly do not want mistakes in claims settlement. The software has fraud detection, verifications, risk assessment, etc.

What Industries Can You Use It For?

The insurance claim management software is useful for the:

  • Insurance Management Software for Life Insurance
  • Insurance Management Software for General Insurance
  • Insurance Management Software for Insurance Brokers

What Is The Next Step?

The insurance business revolves around customer satisfaction. If you are able to entertain your customer, they are going to stay with you. Claims settlement is also a part of the same table. To grow your insurance business, you have to make claims settlement better. To learn how insurance claim management software does that, schedule a free consultation with our industry experts.

Blog-Post-Agriculture-Management-Software-16July

What Is Agriculture Management Software, Its Pros and Cons?

Agriculture management software is a software suite that manages end-to-end business and managerial operations for any agribusiness. It includes modules for various department-based needs like farm management, labour management, agronomy, outgrower management, etc.

Overview of What Agriculture Management Software Does (Pros)

 Imagine you own a sugar mill. You also have a 2000 hectare field registered for your mill to grow sugarcane. Your friend told you that there is software in the market for your agribusiness and you should check it out. So, here is a brief overview of what the agriculture management software will do.

The software will record the contract of the outgrower if there are any. This includes recording the contract of new lands and preparing the list of activities for the land preparation for farming (ploughing, etc.). Then the software records how the planting of the sugarcane will be done. The main purpose of agriculture management software comes when you need crop growth monitoring. And a great software vendor will also provide you with a calendar for the harvesting process. Isn’t that great news?

That is not all. Several vendors also have modules in their software which record land inspection data, prepare quality assessment reports, manage the use of fertilizers in the field. Agriculture management software also automates the seed supply process. This, however, is not needed for a sugar farm, though.

You get the idea, right?

But it not all gold and glitter down this road. While this software is a boon for literally so many businesses, there is a reason why still not all businesses have hopped on the bandwagon still. So, here are a few reasons why this is so.

Agriculture Management Software Has Downsides

We won’t go into a deep rant about this. But will just brush over the primary ones that you should know if you are planning to upgrade your agribusiness.

  1. Automation eats up jobs. So, if you are planning to automate several processes in the business, be ready to bid some of the employees goodbye.
  2. Agriculture management software is an expansive affair. It will burn a noticeable hole in your company’s finances. But don’t worry, the ROI is much greater. But yes, the one time blow is quite hard for businesses.

Amity Software – A Strategic Partner

Amity Software is a strategic partner for hundreds of businesses globally when it comes to agriculture management software. Our product offerings are designed after careful study of businesses and their needs. Some of these are:

  1. AMS for Sugar Industry for an end to end management of sugar mills, from preparing the farm for sugarcane planting till distributing sugar.
  2. AMS for Tea & Coffee Industry for tea plantation and coffee plantation management.
  • AMS for Seed Industry for seed companies, seed weighing, and seed quality inspection.
  1. AMS for Cereal & Food Grains Industry for planning, monitoring, quality checking, etc. for food grains.
  2. AMS for Horticulture for farm activity management, cattle management, poultry management, etc.

To know more about how agriculture management software can help your business, schedule a free consultation with our experts.

Insurance Software

Insurance Industry Needs Customised Software Solutions – Why?

COVID-19 has given a thrust to the insurance industry for the better. But there are several changes that your competitors are implementing in their business working. Are you ready to implement these changes? Is your business prepared now for tomorrow? If the answer is no, then do not worry. This blog post on insurance management software will guide you just in the right direction.

So, let us get into it without wasting any time.

1.  The Change We Didn’t See Coming

Whether we like to admit to it or not, COVID-19 has hit the businesses worldwide hard. While it may not be a big blowback to you, there are many businesses who feel the opposite. At the same time, policyholders across the world are struggling with claims settlement. Several hospitals even denied cashless claims to the policyholders.

We know how bad it makes you look in the eyes of the customers. If your business has insurance management software, you can quickly make changes to fulfil the needs of the customers at that particular time.

2.  Time to Go Digital

There are so many insurance businesses who want to scale their operations but lack the fuel – digital transformation. In the era of the internet and AI, if a business is not still using digital modes, they are slitting their own throats. Do you want to be one of them? Of course not! So, why haven’t you gone digital yet?

The insurance management software offers insurance businesses a complete end to end automation and digitalisation. With this, you can edit a policy, connect with the customers, provide the cashless facility, and much more.

3.  Convert Premiums to EMIs

Well, we know that the cash crunch is the major problem today. Businesses and customers are running out of cash to keep the cycle running. At such a time, you don’t want to push your customers into paying their yearly insurance premium. You are only going to attract bad word of mouth marketing by doing this.

On the other hand, the use of insurance management software allows businesses like yours to convert the payment cycle into monthly instalments. You can keep a track of payment, send reminder, etc.

Next Steps with Amity Software

Our software solutions are developed for:

  1. Amity ASSURE is a life insurance management software for life insurance businesses for individuals and groups.
  2. Amity INSURE is a general insurance management suite covering auto, health, accident, etc. insurances.
  3. Amity iBroker is an insurance management suite for the insurance brokers giving an seamless interface to interact with customers.

Where to Buy This Magical Tool?

If you are willing to take the business to the next level, want to attract and retain your customers, and want them to be impressed by you, you need to keep up with the trend. And what does the trend say? It says yes to digital transformation.

We know it is not as easy as it sounds. That is why you can contact the business consultants at Amity to know about the insurance management software.

Technology Trends Due to Life Insurance Software

Some technology Trends Due to Life Insurance Software

Life insurance software is a valuable partner for insurance businesses. But how? With the advancement in technology, the insurance market is changing rapidly. The insurers are utilizing technology to eliminate their challenges and extract benefits on the opportunities they have.

So, here are a few technology trends that are emerging in the life insurance market.

Life Insurance System Trends You Should Capture

If you do not want to go out of the play, then you have to adapt to the changing market dynamics. If you are not serving your customers in the way they want to, someone else will. So, here are a few life assurance software trends that are growing too fast out there and you should jump aboard if you haven’t already.

1.     Multichannel Access Support

The customers of the 21st century differ a lot from those of the 70s and 80s. Now, the customers want to have a seamless experience with the business they associate with. And they want it to be multichannel.

Life insurance software allows you to give them the information they are looking for, anytime, anywhere, across any platform. Several studies show that 84% of customers want their insurers to offer multichannel access. And the sad part is that so many insurance companies are literally missing out on business because they are unable to meet this customer expectation.

2.     Advanced Analytics

Life assurance software gives your insurance business multichannel access. But here comes the next challenge. When you are giving support to the customers on so many points, it is their expectation that you offer them advanced analytics. Remember, the customers are now smarter and hold a lot of bargaining power than earlier.

With the help of a life insurance software, you get robust data, statistical analysis, predictive models, forecasting, and other insights. All these are important for a better customer experience today. Also, they help you to make better decisions.

3.     Better Customer Segmentation

The past few years are clearly pointing to one thing – the premise of a successful business will be a deep understanding of customers and their needs. The life insurance software acts as an aide to this objective. How does that happen, you ask? Why, with effective customer segmentation, of course! The system allows you to group your customers together on the basis of their behavior, their needs, their preferences, or maybe on the basis of the value they bring to your business.

Talk to Our Consultants to Take the Next Step

The technology and software, combined with a well-planned strategy, is bound for success. To learn more about how life insurance software helps the business align with the trends, talk to our insurance management software consultants at sales@amitysoftware.com.

3 Features of Insurance Policy Management Software

3 Features of Insurance Policy Management Software

The insurance policy management software uses the features of CRM software combined with the ERP suite. The CRM modules help insurance businesses with their client handling goals while ERP module keeps the internal processes of the company in check and smoothly running.

In this blog, we will explore a few of the must-have features that, if your insurance management software is lacking, is not a good sign.

3 Must-Have Features

With the help of the single software, you get the features and functionalities of two of the most crucial software that acts as the cornerstone for most insurance businesses. The primary goal of using insurance claim management software is to boost client relationships for your business.

A single tool means less hassle, more efficiency, and easy usability. So, what are the 3 must-have features whose absence basically makes your software worthless? Here they are:

1.     Storage of Data

The insurance business is synonymous to data mounts. If your insurance policy management software does not offer a huge data storage, then you are doomed down the line. You will literally have thousands of policy documents, statements, and notes to store in the system. Do you want to pay more for every extra GB of storage space after you have purchased the software for $100k or $500k?

2.     Tracking of Processes

The purpose of installing insurance management software is not fulfilled if you are still confused about the processes and their status in the funnel. And if you are using a paper trail to keep track of the processes even after implementation of the software, then you need to upgrade the software ASAP. A good software suite will keep track of the key processes.

3.     Drawing Reports

Insurance claim management software should have a reporting feature in it. Does it mean that you just click a button and a report will fall out of the sky? While we wish it can be done, but you will have to make do with something less peculiar at the time. The software should provide you data with easy click, though, that you can quickly refer to while preparing any kind of report.

Missing One of These Features? Find the Best Insurance Policy Management Software Here!

Amity Software is a global leader in developing and implementing custom software solutions for businesses. Our team is apt at understanding the business needs and creating a solution that fits their needs and requirements perfectly. If your software suite has any of the above features missing, schedule a call with our executives to understand what can be done about it.

Book a free demo or consultation for insurance management software today by writing to our team.

Biomedical Waste Using Waste Management Software?

How to Handle Biomedical Waste Using Waste Management Software?

Disposing and handling of biomedical waste are one of the most challenging aspects of waste management activities. Several reports are published every year about the deaths related to biomedical waste, penalties imposed on hospitals for poor handling of biomedical waste, and whatnot. Is there a way to automate the entire process?  There is, with the help of solid waste management software.

If the disposal of biomedical waste is not done carefully, it can lead to contamination and possibly the death of other people. You don’t want a Resident Evil kind of situation, do you?

Why Should You Care?

Most businesses, and maybe you, have this question in their mind, “Why should I care?” And your scepticism is justifiable in your eyes. So, let us try to understand why you should care about it.

Imagine that you decided to take a stroll one evening in your neighbourhood. You lost track of time and before you know, it is dark. You rush to get home. There is this dark alley that you take and cut your time by half. In your mindless state to run back home, you didn’t notice the used syringe lying. You stepped on it and the needle somehow pierced through your shoes.

You did not care but after a few days fall ill. The doctors diagnose you with HIV-AIDS. But that is not possible, you think to yourself. And then it hit you. Yes, the syringe!

That is why management, treatment, and disposal of biomedical waste are necessary.

How Does the Process work?

There are standard defined practices and ways of disposing of the biomedical waste. The software is integrated with all these standard guidelines. For example, human anatomical waste like tissues & organs should be incinerated.

Solid waste management software is fed all the standard practices of treatment and disposal. This system is synced with your inventory to keep a check on how many items are present, how many were used, and how many were disposed of as per standard.

Depending on the customer needs, customisation for the software to include RFID tracking and geo-tracking of collection vehicles is also a way to make the system more easily trackable and smooth. This is done using the geo tracking of solid waste.

Additional Feature Businesses Are Using

Some businesses prefer to use an end to end process management. So, not only they employ the system to track disposal in their premise but also want to know where it landed up and how exactly the treatment was done.

The solid waste management software functionality is particularly useful for businesses who opt for off-site disposal of their biomedical waste.

The Moral of the Story?

The handling and management of biomedical is an expensive affair but a necessity. Therefore, several businesses use a software system to automate the process. You, like hundreds of other businesses, can also adopt the system in your business to take the load off your chest and the sword over your head.

To know more about solid waste management software for biomedical waste, talk to our experts.

Fleet Software

Fleet Software: Best Practices for Effective Fuel Management

Fleet management software helps organisations to effectively manage their vehicle fuel.

You cannot predict emergency situations. Almost spontaneously you can get caught in an earthquake or a hurricane. Or maybe a bunch of armed robbers walk in. Or maybe a global pandemic takes over the world? But whatever be the case, most organisations like yours, are a support shoulder for the assistance to others.

So, to keep your support service running, you need to keep your vehicles working and maintained. To do that, you need to keep your vehicle fuel proper.

Best Practices with Fleet Monitoring Software

These best practices will allow your organisation to move through emergency situations like the ones mentioned above.

1.     Get fuel quickly

When you are dealing with an emergency situation, you do not want to spend a lot of time at the fuel stations. Every second matter for your vehicle to reach the needed place on time. With the help of a fleet management system, you know all the details of the vehicles, including their fuel level. So, you know which vehicle needs fuel top-up or which have enough fuel to meet the response time.

2.     GPS tracking

Fuel management is not successful without the tracking of the resources. Also, GPS functionality is a sign of a robust system. You can use the GPS data to check where your vehicles get fuel from most frequently. You can cut these stations exclusivity deals and save money on fuel purchase.

3.     Fuel levels

A good fleet management software gives you real-time and long term statistics. Information of parameters like fuel levels, fuel price fluctuations, trends in fuel consumption, etc. is necessary to understand where you have fuel. Thus, you can keep your fuel vendor in the loop for your fuel requirements.

Follow These Best Practices for Effective Results

The above best practices will help you to improve the fuel management status of your business. This will allow you to respond in time and quick situations, have adequate fuel planning in advance, and real-time data to make better and smarter decisions.

To know more about fuel management software, you can talk to our expert.

Waste Landfill Software

How to Make Your Waste Landfill Business Profitable?

In one word: with the help of waste landfill software.

But we know that is not enough for you, right? Let us dive a bit deeper and go a little further in the waste landfill domain.

With cities developing more and more every day, a lot of waste landfill businesses are opening up and saturating the competition. It is important for you, as a business owner to make it more profitable than others. But how do you do that?

Let us see how waste landfill software can help you with that.

The business of landfills is about air. You have a space that needs to be filled with solid waste. The landfill businesses work on compaction. It doesn’t matter how much waste you have to fill. What matters is how much you can fill.

Thus, it becomes necessary to have an accurate way of tracking the changes in the landfill volume. This is where solid waste management software comes handy.

While there are many variations of this software, we honestly believe that you do not need to install all the heavy gimmicks that companies offer with their software. If there is one thing that we have learned in 30 years of software development, it is that the best way to make sure your system functions properly is to keep is as simple as possible.

Does Solid Waste Management Software Have Any Benefits?

The benefits of this software include:

  1. Cost-effectiveness – The software lets you know how much area is available to be filled in real-time lets you reduce the cost of operation upgrade.
  2. Scalable – When you scale your business and grow the land, you can also scale the solid waste management software to work with the upgraded hardware requirements.
  3. Efficiency – Manual surveying, manual inspection, manual verification, etc. are ways to burn time and money. The automatic system makes it easy and faster.
  4. Accuracy – With millions of bytes of data collected and analysed every minute, the system gives accurate results.
  5. ProtectionSolid waste management system identifies and tells you to fix a problem before it grows to become expensive and time-consuming.

Moral of the Story Is?

With the rules and regulations for waste management and landfill businesses become stringent and stricter, it is important to be prepared for the future. With the help of the waste landfill software, you can automate space monitoring and operations. This saves you a significant amount of time and money.

For any help in the subject, feel free to contact the experts at Amity Software by writing to us.

Fleet Software

Fleet Software: Will COVID Pandemic Change the Operation Landscape?

While businesses around the globe are opening up gradually with COVID-19 pandemic still in effect, it is clear that we need to adapt to the “new normal” or be crushed by the evolving working ways. One question that most businesses face is do they need fleet software, an expenditure when everyone is busy saving money?

In this blog, we are going to take a dive into the thesis of the new normal of the 21dt century and how you can align your business with profitability and not compromise on the safety of your employees.

The Evolving Landscape

With the rise of social distancing, where does fleet monitoring software fit in?

It is important to adapt and evolve business processes that work without too much dependence on other humans. This means that your business now has to formulate new policies and protocols for fleet and drivers.

Due to the pandemic, the customer demand will change and so will the way you conduct business. The result? You need to train your staff for the future so that they can make better decisions.

Without fleet management software, there are a few things that will only add to the pandemic’s effect on your business. The collisions of your fleet, breach in the system, etc. are issues that, if not plugged, will only add weight to the already down system.

What Can You Do?

Either you have resumed operations or will be resuming them soon. In both cases, training the employees for living with the pandemic and back to work during COVID-19 training is mandatory.

With the help of fleet monitoring software, you can make sure that the training learning to the staff is actually implemented. How?

Example:

Imagine you have a fleet of 20 trucks. Due to the pandemic, there will be less traffic on the roads. Your driver would take 3 days to cross two states. Now, he/she might take half time, right? Reports of speeding have increased globally.

Introduce here fleet management software. You know in real-time how fast your driver is going. If they go too much over the limit, you can always call them and ask them to loosen it up.

How is this going to save you money? Well, the engine consumes more fuel at a higher speed in order to generate more power for the vehicle. With a fleet monitoring software, you can keep the speed in check at a cruising level that will keep your fuel costs also in check. This makes the entire process more economical for your business.

The Business Landscape is Changing, So Should You

With this pandemic, the state regulations and laws will become petty and strict instead of another way around. And what we told above is just a few of the many benefits you can get with fleet management software.

For any help, Amity Software’s specialists are here for you. Contact Us.

Insurance Software

Insurance Software: Companies Don’t Want You to Know This Secret

With the number of businesses involved in the insurance domain continuously rising, the demand for the insurance software solution that can meet this growth and act as a catalyst is also rising. Many software development firms are bringing out their insurance claim management software, policy management software, etc.

But there is a small secret about these software suites that these billionaire companies don’t want business owners like you to learn. What is it? We shall see in a minute.

The Secret, Revealed

The one secret that most companies don’t want you to find out is that they are overcharging the insurance management software solution. The value of the software suite compared to the price is nowhere comparable.

Have you realised this before? Congratulations, you are already on the way to save thousands of dollars annually.

Haven’t realised this before? Congratulations, you are ready to get on the way to save thousands of dollars annually.

But how exactly do you save money on insurance claim management software?

It is quite obvious that you do not want to overpay for the goods/services you are getting. But how can you make sure that in the insurance business? Here is a quick 3 step guide prepared by insurance specialists:

1.     Compare

This is the first stage as a consumer while purchasing insurance management software. Compare the offering with others in the market. Conduct a deep research and feature comparison to learn what the standard defined guidelines are.

You can compare the software with direct competition as well to check how the two products fare against each other.

2.     Ask for Demo

You don’t buy a car without taking a test drive, right? So, why buy insurance claim management software without seeing how it works? Always ask the vendor for a live demo of the software. There are a lot of flaws and strengths that you can easily catch during a live demo of the software.

Most companies offer a demo of their product for no costs. Invite them, listen to them, ask questions, etc.

3.     Customisation

The insurance management software is not a cheap affair, no matter how well-priced. And the last thing you want is to pay for features and functionalities that you do not want. Always check if the vendor provides customisations to the software tweaked around your business needs and objectives.

This also helps you down the line. If the vendor does not offer customisations, you will need to implement new insurance claim management software after every phase of organisation growth and expansion.

There You Have It, The #1 Secret!

Now that you know the secret and know how to use the knowledge of this secret, take an informed decision when choosing the software system for your insurance business. And it does not matter if you are already using a system, you can always upgrade to better insurance claim management software, can’t you?

For any help in your journey, the specialists at Amity Software are there to help you. Contact us.