Figtree<workers> - Figtree's Workers Compensation Claims Management software is used by...Figtree's software is distinctive because of...our long standing experience of more than 20 years of constant consultation with our existing self-insured Workers Compensation clients as well as individual WorkCover authorities - resulting in a highly configurable, flexible application which is constantly innovating to meet your business needs and administer your self-insurance management obligations. Figtree<workers> business purpose is...to deliver a seamless integration of all Workers Compensation claims processes and to integrate with enterprise systems including general ledgers and claims profiling applications. Reasons to implement Figtree<workers> ...- Efficient compulsory reporting to jurisdictional WorkCover authorities.
- Reduced administration costs through greater control and visibility of all aspects of the claims management life cycle.
- Highly configurable application providing the flexibility to meet your specific needs
- Rapid deployment of a stable and reliable suite of software modules
- Comprehensive auditing facility for data integrity
- Flexibility to configure your systems to work with your individual business processes via a range of software components including workflow, job processor, ad-hoc reporting, recurring payments, calculated fields, validation rules, diaries and many more.
- Ability to respond to unforseen circumstances through regular client consultations.
Key Components... As well as having access to the Housekeeping module, where all common Figtree standard features reside, a display of standard specific-built menu options are also incorporated within the Figtree Workers Compensation module: Module Selection Client Configuration Download from Insurer Loss Control Maintenance Authorisation Maintenance Claims Balance by Organisation Workers Comp. Configuration Change Claim Number Move Claim’s Policy (Special Administration access only) ABS Codes to WS Codes Convert Matrix Merge Incident to Claim Quick Pick Letter Configuration Multi Claims Configuration A selection of report generation options are also available within the application such as: - Claim Control Card Report
- Claims Analysis Report
- Third Party (Recovery) Claims Report
- Payments Summary Report
- Multiple Number of Accidents Report
- Outstanding Estimates Report
- GST Report
- Cheque Vouchers Report
- Safety Report
- Statutory Return Reports
- Actuarial Return Report
- Ad-Hoc Reports
In addition to the many standard reports Figtree provides an easy to use Ad-Hoc report writing facility. This enables the user to design and save customised report templates for specific reporting requirements.
The graphical Ad-Hoc Report Writer has an intuitive "point & click" interface that allows novice users to generate the reports they want in seconds. Virtually any information in the system can be selected, linked to related information, filtered, sorted and grouped. The output can be printed as a presentation quality document or a graph, alternatively, the data can be sent to another Windows applications such as spreadsheets for further manipulation and styling.
An add-on to the Figtree Workers' Compensation system, Figtree Policy Management module allows for the recording of both Local and Master Policy arrangements and has the scope for recording Insured Values, Deductibles, Limits and Premiums. All financial details are held against each policy and are supported by an audit trail, which allows the user to affect a close management understanding of the development of the insurance cycle of the risk over a period of time. Multi-layer Insurance arrangements, Co-insurance details and captive involvements are also recorded and monitored to provide the complete circle of cover regarding the insured risk. A direct correlation exists between the Policy record and the Claim(s) associated, in order to provide the user with a real-time understanding of the number of claims made together with reserves, payments and recoveries made. This data is presented in both ‘full insurance year’ figures as well as ‘account year’ periods. Premium Allocation functionality exists which offers a ‘weighting’ influence between the Policy financial details, the claims incurred and bespoke risk management factors. This feature is an excellent tool for carrying out the dissemination of group wide premiums into local operating centres, and is flexible enough to be adapted, altered and tested in order to calculate and present the correct management values. The Policy Management module, has the same inherent flexibility (i.e. screen re-design, user-defined validation rules & audit trails) as the other Figtree modules; however, the core functionality for this module is geared towards the capturing and processing of insurance policies, underwriting data, premiums, limits, deductibles and values. Figtree Systems has broad capabilities in interfacing with other packages allowing the access and retrieval of file information for sophisticated workflow management between policy administration, underwriting and claims operations. The production of the policy wording, certificates and premium statements is also available as a standard, as is the option for customised web pages for capturing the renewal data. Added to the Policy Management module, is a quotation 'engine' that allows for premiums to be calculated and adjusted using the criteria dictated by your business and the risk. The rating system will incorporate all the appropriate factors and conditions and offers the flexibility to ensure that changes to your business environment can be easily introduced to the system. To provide management with key 'risk' data, the Policy Management module integrates fully with the Figtree Report Writer and Graphics package. This enables the user to analyse all levels of the quote, risk, premium and use the information as a management tool. This data can also be graphically represented to ensure a clear understanding of the report. What sets us apart from the others... Strength of Figtree Systems - Figtree Systems has been operating since 1983. Our Workers Compensation Claims Management software implementation experience goes back 20 years and continues to evolve to this day to meet both new and current legislations as well as the requriements of existing clients.
Our on-going relationship with WorkCover authorities - This provides our software with legislative updates allowing us to include the latest legislative changes before the prescribed day. Multi-jurisdictional compliant software - Figtree<workers> is compliant with WorkCover legislative requirements in all jurisdictions within Australia and New Zealand and the one database can handle multiple jurisdictional and national requirements as needed.
Web-based offering - We have replicated our core Workers Compensation claims management software functionality in a Web presentation layer, thereby enabling the software's deployment in environments which demand a low network bandwidth usage and system administration.
Managed service (ASP) deployment - Figtree<workers> is also available to be deployed via a Managed Service or Application Service Provider (ASP) option. Learn more about ASP...
Project management strength - Figtree has significant project management expertise and experience, achieved from having deployed many systems over the last 20 years.
Multi-office presence - Figtree has offices in Australia (New South Wales, Victoria, Queensland and South Australia), United Kingdom, New Zealand, Canada and Singapore.
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