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Description
Functional Finance serves as the engine for insurance billing and payments, managing the flow of money once a policy decision is finalized. Positioned between the policy management system and the general ledger, it processes policy events such as bindings, endorsements, cancellations, and reinstatements, executing the corresponding financial commitments with precision. The system adeptly oversees billing, invoicing, payment collection, cash application, treasury routing, and the payables for distribution partners, accommodating various models like agency bill, direct bill, installments, and premium financing. Payments are systematically applied at both the policy and line-item levels, ensuring that commissions and remittances remain aligned while maintaining an auditable trail for every transaction. Consequently, this results in a financial operations system that is aware of policy details, replacing the need for manual reconciliation with streamlined and scalable processes that enhance operational efficiency. Ultimately, the integration of these functionalities fosters a more reliable and transparent financial environment within the insurance sector.
Description
TherapyMate is a web-based practice management platform that's easy to use. It was designed for mental and behavioral health professionals such as counselors, psychologists, psychiatrists, social workers, and counselors. TherapyMate is smart, scalable, secure and offers many features and capabilities, including scheduling, calendaring and therapy notes, appointment reminders and credit card processing, billing, income tracking, expense tracking, and insurance billing.
API Access
Has API
API Access
Has API
Screenshots View All
No images available
Integrations
Clinically AI
Google Calendar
Stripe
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
$29.00/month
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
Functional Finance
Country
United States
Website
functionalfi.com
Vendor Details
Company Name
TherapyMate
Founded
2012
Country
United States
Website
www.therapymate.com
Product Features
Product Features
Mental Health
Appointment Reminders
Appointment Scheduling
Assessment & Treatment Plans
Billing & Invoicing
Claims Management
E-Prescribing
EDI
EMR / EHR
HIPAA Compliant
Inpatient / Residential
Multi-Provider Practice
Patient Portal
Personnel Management
Progress Notes
Single Provider Practice