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Average Ratings 0 Ratings

Total
ease
features
design
support

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Write a Review

Description

Functional Finance serves as the engine for insurance billing and payments, managing the flow of money once a policy decision is finalized. Positioned between the policy management system and the general ledger, it processes policy events such as bindings, endorsements, cancellations, and reinstatements, executing the corresponding financial commitments with precision. The system adeptly oversees billing, invoicing, payment collection, cash application, treasury routing, and the payables for distribution partners, accommodating various models like agency bill, direct bill, installments, and premium financing. Payments are systematically applied at both the policy and line-item levels, ensuring that commissions and remittances remain aligned while maintaining an auditable trail for every transaction. Consequently, this results in a financial operations system that is aware of policy details, replacing the need for manual reconciliation with streamlined and scalable processes that enhance operational efficiency. Ultimately, the integration of these functionalities fosters a more reliable and transparent financial environment within the insurance sector.

Description

LIZOX OS is a self-sufficient, Local-First desktop ERP/CRM solution crafted by GREENMAT Service, specifically tailored for professionals in field service, equipment rental sectors, and contractors with regular routes. In contrast to conventional cloud-reliant systems that can experience delays or become unusable without internet connectivity, LIZOX OS guarantees complete data sovereignty and operates without cloud latency. All customer data and operational information is securely stored on the user's device through native SQLCipher (AES-256) filesystem encryption, ensuring full adherence to European GDPR and GoBD standards. Key Features & Architecture: • PULSE Logistics Engine: Facilitates automated cyclical route scheduling for both 14- and 28-day intervals, along with efficient zone dispatching. • Warehouse & Asset Circulation: Effectively separates capital equipment (CAPEX) from consumable supplies (OPEX) to enhance operational efficiency. • Client Master Records: Implements hierarchical billing structures (Head Office versus Site) and enforces crew data isolation through Role-Based Access Control (RBAC). • Deterministic Billing: Automates the generation of invoices that comply with DIN 5008 standards, streamlining the billing process for users. This innovative approach not only increases productivity but also reinforces data integrity and security for all operations.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

No images available

Screenshots View All

No images available

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Pricing Details

$39.99/month
Free Trial Yes 
Free Version No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based No 
On-Premises Yes 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support No 

Customer Support

Business Hours No 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs No 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Vendor Details

Company Name

Functional Finance

Country

United States

Website

functionalfi.com

Vendor Details

Company Name

GREENMAT Service

Founded

2025

Country

Germany

Website

lizox-os.com

Product Features

Product Features

Field Service Management

Billing & Invoicing No 
Contact Database No 
Contract Management No 
Customer Database No 
Dispatch Management No 
Electronic Signature No 
Inventory Management No 
Mobile Access No 
Payment Collection in the Field No 
Quotes / Estimates No 
Routing No 
Scheduling No 
Service History Tracking No 
Time Clock No 
Work Order Management No 

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