New release demonstrates Allegient�s continued commitment to the future and growth with new technology platform and additional product functionality
Wilton, CT � July 15, 2008 – Allegient Systems, a leading software and service provider that continues to set the standard in legal expense and performance management, today announced Version 5.7 of its �Expense and Performance Management Suite� software system, one of the insurance industry�s most broadly utilized, ASP-delivered, litigation management and bill review solutions. Version 5.7 is now available to all Allegient clients.
Version 5.7 enhancements include a new Appeals Module as well as a variety of additional functionality and performance capabilities. This latest version is deployed on a new, state-of-the-art hardware platform, offering both superior performance and scalability as well as greatly expanded storage capacity.
By soliciting ongoing input and feedback from its users, Allegient Systems is able to continuously improve its products and services for carrier clients and their partners. Feedback on the appeal process from Allegient clients and law firm users was instrumental in the changes to the Appeals Module; further enhancing the already collaborative on-line appeal process. With Version 5.7 users are now able to review the appeal in context of the invoice, save draft work, and more easily communicate with the law firm regarding the overall appeal, various areas of concern or specific line item discrepancies. Expanded navigation provides the user the ability to review case/matter, invoice, item, vendor details, and maintain their place in the process while responding to an appeal. These added features and functionality allow for a more efficient and easy-to-follow appeal process for all process stakeholders.
In addition to the Appeals Module, other 5.7 enhancements include:
- Improved audit reports by adding navigation for multi-page invoices
- Updates to further support the recently revised UTBMS Litigation Code Set
- Added functionality for Independent Adjuster bill review
Allegient�s CEO John F. Kelly said, �Allegient Systems is proud of our market leadership and the reputation we have earned as an innovator in the legal/insurance invoice processing and payment sector. With over 50 customers in the Property and Casualty insurance industry, including six new clients so far this year, we continue to demonstrate the superiority of the Allegient solution in insurance claims management.�
Kelly continued, �These latest hardware and software upgrades with Version 5.7 position us well to continue our market expansion. The 5.7 release and our new ASP platform demonstrate Allegient�s continued commitment to customer satisfaction and support for rapid growth. Our capacity and performance have been increased by an order of magnitude, and the new state-of-the-art systems provide a robust foundation for increased security, availability, and expansion of our best-of-breed solutions. The Appeals module and other enhancements have been very well received and add considerable capability that will enable us to further our market leadership.�
About Allegient Systems
For more than 15 years Allegient Systems has been both the pioneer and leader in providing legal expense and performance management systems and services that maximize the potential and the profitability of professional legal service relationships between law firms and claims organizations. Allegient is the acknowledged market leader in providing vendor management, e-billing and bill review solutions to the insurance industry. With over 50 insurers using the Allegient System to process more than a billion dollars in vendor bills each year, the company continues to experience year over year double digit growth in sales through a disciplined focus on customer service backed by a wealth of insurance industry expertise.
Allegient�s web based offering delivers collaboration, efficiency and productivity to the litigation management process by using electronic invoicing, online bill review, budgeting, workflow management and a sophisticated rules engine. Allegient�s Business Intelligence capabilities � using Oracle/Hyperion-based query and analytics tools – allow users to access, analyze and share data for the purpose of improving litigation expense, performance and outcome.
Allegient is headquartered in Wilton, CT and has sales and support facilities in Chicago, IL and Toronto, ON. For additional information, please visit www.allegientsystems.com.