Applied Systems announced on August 27, 2024, the latest advancements in Applied Pay, its AMS-native payments solution. These enhancements, which include automated receipt reconciliation, one-click payment routing, and an adaptive checkout page, aim to automate the end-to-end payment journey for independent insurance agencies. By reducing the time and effort required for digital payment processing by up to 70%, these innovations have led to the rapid adoption of the platform by over 900 agencies since its launch in October 2022. The adaptive checkout feature allows agencies to tailor payment options to their specific business needs, further optimizing the payment process.
Applied Systems, a global leader in cloud-based insurance software, is known for its pioneering role in insurance automation. The company’s commitment to innovation is reflected in Applied Pay, which is fully integrated into Applied Epic, Applied CSR24, and EZLynx Client Center. This integration provides a seamless payment experience from collection to disbursement, enhancing security and reducing errors. Chase Petrey, President of Applied Pay, emphasized the importance of these innovations in addressing the industry's need for more efficient and secure premium payment management, highlighting Applied's dedication to ongoing advancements in digital payments and financial management.
