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Premium Processing, Clean Cash, Clear Evidence

We run cash allocation, IBA/trust reconciliations and producer statements under maker-checker controls. Exceptions route to owners, and evidence packs support monthly attestations and audits.

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Scope

  • Cash allocation: references and matching rules accelerate allocation; unapplied cash queues show owners and deadlines.
  • IBA/trust reconciliations: periodic recs with sign-off workflow; exception taxonomy and remediation tracking.
  • Producer/commission statements: generation, approvals and releases; segregation of duties.
  • Evidence packs: activity logs, reconciliations, approvals and attachments for attestations.

Controls & Access

  • Maker-checker for monetary movements and releases.
  • Role-based access with activity and change logs.
  • Audit readiness: clear trails for reconciliations, adjustments and statement approvals.

Targets & Reviews

  • Backlog target: keep exception and unapplied cash backlogs within agreed thresholds.
  • Timeliness: monthly reconciliations and statements issued to calendar.
  • Cadence: daily dashboard for ops; weekly scorecard; monthly review.

Footnote: KPIs are typical targets. Final SLAs are set during discovery based on volume, mix and systems. Selectsys executes under your authority; underwriting and pricing decisions remain with you.

FAQ's

We use matching rules and references to allocate faster. Any unapplied items sit in a queue with owners, due dates and notes until resolved.
Yes. Reconciliations and statement releases follow a sign-off workflow with segregation of duties and audit logs.
Yes. We compile logs, approvals, reconciliations and attachments for monthly controls attestation and audits.