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PCMI Enhances Private-Labeling with PCRS Marketplace: A New Era of Efficiency and Connectivity

September 18, 2024Press Release
PCRS Marketplace

Exclusive network expands selling opportunities beyond traditional boundaries by delivering real-time connectivity, reduced costs, and streamlined operations in one unified system

PCMI (Policy Claim Management International), a leading provider of administration software for the warranty and service management markets, is excited to introduce its enhanced Marketplace offering designed to redefine private-labeling for Policy Claim and Reporting Solutions™ (PCRS) users. PCRS Marketplace integrates advanced automation and real-time connectivity with in-network providers, setting a new industry standard for private-label efficiency and growth.

For years, private-labeling has empowered providers to expand their business by offering branded products as their own. However, evolving market demands call for more advanced and efficient solutions. Traditional private-labeling methods—reliant on manual data exchanges, fragmented processes, and complex billing, claims, and portal management—can no longer keep pace in today’s fast-moving environment.

Marketplace is PCMI’s answer to this shift. Backed by advanced administrative technology, this offering enables real-time connections with in-network providers, allowing businesses to seamlessly expand their product portfolio through cross-selling while eliminating the need for additional product development.

Key Benefits of Marketplace

Automated Data Synchronization

Replaces manual file sharing with real-time data-sharing between customers, enabling a unified product offering and streamlined operations.

Seamless Setup

Integrates setup, forms, rating, and e-contracting with in-network providers, allowing for cost-effective and efficient operations.

Efficient Product Expansion

Access established products from other TPAs to diversify your portfolio effortlessly and enhance sales potential.

Simplified Claims Management

Centralized claims, cancellations, and billing to reduce manual work and errors, enhancing overall accuracy.

Enhanced Customer Experience

Policyholders gain 24/7 access to real-time portals that display all contract details, regardless of the source, improving transparency and customer satisfaction.

Strengthened Dealer Relationships

Keep dealers informed about claims and upsell opportunities, even when reselling products from other providers to drive sales and maintain engagement.

“PCRS Marketplace offers three key advantages,” said Mark Nagelvoort, CEO at PCMI. “It streamlines manual processes by providing a seamless, integrated experience, enables rapid expansion of product portfolios without additional product development, and unlocks new workflows by synchronizing data in real-time, enhancing customer engagement and creating new sales opportunities for dealers via notifications.”

About PCMI

PCMI is the leading provider of technology solutions for the finance and insurance (F&I) and consumer product markets. Our modern cloud-based platform empowers third-party administrators, dealers, original equipment manufacturers, and lenders to revolutionize their extended warranty, service contract, and refund payment management. With a team of over 200 experts across our global offices, we are committed to pushing the boundaries of technology to deliver unparalleled service and innovation, ensuring our clients stay ahead in today’s rapidly evolving markets.

Please fill out the form on our contact page for more information or contact Laura Scahill, Director of Marketing, at laura.scahill@pcmicorp.com.

Source: PRWeb