Dunning by Dunning Procedure for Insurance Companies
Use
With the Dunning by Dunning Procedure for Insurance Companies component, you can create and send payment reminders or dunning letters to your business partners to remind them of overdue payables and to request payment.
You can print correspondence using the component
Correspondence
or using the application forms of the
Print Workbench
that you have defined.
Features
In dunning by dunning procedure for insurance companies, the system supports the following dunning procedure types:
Individual Dunning
In an individual dunning notice, all items in a contract are considered independently of one another. This means that you can have several dunning procedures for one contract.
Collective Dunning
In a collective dunning notice, all items in a contract are dunned with one dunning procedure.
Multi-Collective Dunning
In multi-collective dunning, multiple collective dunning notices can exist in parallel for a business partner-insurance object relationship.
Contract Dunning
In a contract dunning notice, only one current dunning procedure exists at any one point in time. This refers to the oldest item.
Account Dunning
Account dunning means that all items for a contract account, which are due for dunning, are dunned on a cross-contract basis.
The dunning procedures to be used are determined in the dunning proposal run and saved in the item.