Receipts & Payments

Orchestrate transactions to support the payment process

Axelerator Lifecycle Services supports the payment process by orchestrating payment transactions following the issuance of a new policy or renewal of an existing policy.

To manage the physical payment the system is designed to be integrated with a general ledger or payments system.  Axelerator Lifecycle Services can interface to the payments system to update policy records accordingly once payments are received, or to initiate lapses where payment is not received.

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