BUILT AROUND AGENCY-BILL WORK
An AMS data layer for insurance agency finance
Runs on exports from Vertafore AMS360. EvenPenny brings the general ledger, transaction, and activity records into the financial workflows your agency runs each month.
How it works
- EvenPenny takes the AMS360 general ledger, transaction, and activity exports for the review period. You see the source reports behind the workspace.
EvenPenny takes the AMS360 general ledger, transaction, and activity exports for the review period. You see the source reports behind the workspace. - EvenPenny organizes customer, bond or policy, carrier, producer, and transaction references from the exports. You see related records together.
- EvenPenny aligns the transaction and activity detail with the general ledger. You see the amounts and references behind the financial totals.
EvenPenny aligns the transaction and activity detail with the general ledger. You see the amounts and references behind the financial totals. - EvenPenny connects those records to carrier statements and the financial review. You see matching detail and the exceptions that need attention.
- EvenPenny presents the organized records in reconciliation, collections, payables, producer, and owner views. You see the same underlying activity from each financial question.
EvenPenny presents the organized records in reconciliation, collections, payables, producer, and owner views. You see the same underlying activity from each financial question.
Your agency decides exceptions, approves changes and payments, and sends payment.
Three exports, three different questions
| Export | Question |
|---|---|
| General ledger | What is recorded in the accounts? |
| Transactions | Which items make up the amounts? |
| Activity | What happened to the items over time? |
Start with your current reports
Runs on exports from Vertafore AMS360.
Running Applied Epic, HawkSoft, or EZLynx? Send us a sample export and we'll tell you what it takes.
Follow the amount to its source
Keep the report period and source references with the financial review. When two totals differ, the transaction and activity detail gives the conversation a starting point.
Common questions
- Which reports start the review?
- The AMS360 general ledger, transaction, and activity exports, together with the carrier statements for the period.
- What connects the financial views?
- Shared transaction and activity records let the agency follow carrier balances, customer receivables, and producer commissions back to their source.
- What happens during onboarding?
- Nick starts with the reports you already export, one carrier, and one statement period, then builds the parser for your carrier formats.