With Vendor Cost Control you can easily manage and track all financial information related to claims and defense litigation. This collaborative and effective tool for complex financial litigation provides a practical way of managing funding contracts between carriers, subcontractors, and AI insurers. It allows insurance companies to exercise due diligence in reporting requirements and ongoing communication with the legal community in litigation.
Providing a Complete Financial Picture
As an administrative solution, Vendor Cost Control can track and turn large amounts of data into reporting and intelligence analysis. It has many features that only make your life easier. They are straightforward and are everything you need from litigation tracking software.
Vendor Cost Control features include:
- Claim tracking and management
- Split billing
- Pursuit of carrier payments
- Real-time reporting
- Accounts payables and receivables
- Vendor reconciliation
- Developer/carrier reconciliation
- Document management
- Automated notifications
Litigation Specialties
Vendor Cost Control is not reduced to only one litigation specialty. Instead, it covers various legal deeds:
- Construction defect
- Additional insured
- Indemnity
- Environmental litigation
- Groundwater contamination
- Natural disaster
- Class action
- Mediator billing
- Personal injury
VCC Value Proposition
With Vendor Cost Control on your side, you can take control of the data chaos and track and manage litigation costs smoothly because VCC offers:
- Workflow capabilities
- Strategic financial tracking
- Transparent global visibility
- Dashboards and reporting
- Experts in control and compliance
Vendor Cost Control service aims to optimize your work processes and even goes a step further – it incorporates improved features that allow users to communicate instantly via email, web portal, or mobile device!
