Woodridge, IL (PRWEB) May 10, 2012
LIDP Consulting, Inc. announces the availability of a 100% Java Enterprise Edition (JEE) version of their Channel Management System (CMS), available with a “Base System Forever” guarantee. CMS, from LIDP, allows producers to communicate using the technologies of their choice. CMS is the most complete producer/agent licensing, contracting, compensation and reporting system available for insurance carriers, agencies and brokers.
The new release of CMS is exclusively built using the most strategic technologies now being deployed in the insurance industry. These technologies include JEE, Java, XML, SOA and relational databases. The new release of CMS is available with LIDP’s “Base System Forever” Quality Assurance Guarantee.
CMS is the industry’s only truly online, real-time channel management system. CMS provides robust support for contracting, licensing, commissions, supplemental compensation, annualization, vesting, reporting and disbursements. The table based, rules driven architecture of CMS allows for maximum flexibility. Calculations and validation edits are handled through selectable rules and tables.
CMS features includes:
- State Specific Rules for Validation
- Automatic Notice Generation
- Collection of Renewal Fees
- Simultaneous Open Contracts
- Multiple Agent Channels
- Dynamic Hierarchy
- 16 Levels of Hierarchy
- Flexible Interface
- Table Driven Commission Schedules
- Advance on Submit or Payment
- Continuous Online Statement
- Conversion/Migration tools
About LIDP Consulting, Inc.
LIDP Consulting, Inc. has provided software and consulting services to the life, health and annuity industry for over 30 years. LIDP specializes in comprehensive channel management and policy administration solutions, and legacy system consolidation.