One Invoice. One Payment. Less Administration.
Managing benefits billing shouldn’t require juggling multiple invoices, payment deadlines, and carrier reconciliations. SelectSource’s consolidated invoicing solution simplifies the entire process by bringing your benefit billing into one centralized, easy-to-manage system.
For eligible groups, SelectSource can collect premiums and remit payments directly to participating carriers through qualified TPA arrangements, eliminating the need to manage multiple carrier invoices and payments each month. Instead, you’ll receive a single, detailed invoice with complete visibility into benefit costs by employee and coverage.
The result is a more efficient process, improved billing accuracy, simplified reconciliation, and less administrative burden for both HR and finance teams.
Benefits of Consolidated Invoicing
- One invoice for all participating benefit carriers
- One payment instead of multiple carrier payments
- Premium collection and remittance through qualified TPA arrangements*
- Detailed employee-level billing and payroll reporting
- Simplified reconciliation and auditing processes
- Multiple reporting formats to support accounting and finance teams
- Improved billing accuracy and transparency
- Reduced administrative workload and fewer opportunities for billing errors
Why Employers Choose SelectSource
Our consolidated invoicing solution helps streamline one of the most time-consuming aspects of benefits administration. By centralizing billing, reporting, premium collection, and carrier payments, employers gain greater visibility, improved efficiency, and confidence that their benefits billing is being managed accurately and securely.
One invoice. One payment. One less thing for HR to worry about.
Premium collection and remittance services are available for Florida-sitused groups through qualified TPA agreements.
