What's new in BillingCenter for Palisades

Here are the Palisades release highlights for BillingCenter. For more details, see the BillingCenter section of the InsuranceSuite Release Notes.

Enhanced Funds Tracking (Early Access)

Enhanced Funds Tracking introduces unapplied fund slices, a new entity that links each funds source (payments, ad‑hoc credits, endorsements, suspense payments) to fund use events, providing end‑to‑end traceability of money in BillingCenter.

The feature adds dedicated Enhanced Funds Tracking screens on accounts and producers, plus updated wizards for credit distributions, disbursements, negative write‑offs, and transfers that require selecting specific slices instead of a single unapplied bucket. New validations prevent users and integrations from allocating more than the available balance of a slice and support automatic refunds to the original payment instrument, improving reconciliation and reducing errors. Enhanced Funds Tracking is disabled by default and can be enabled from the Enhanced Funds Tracking page under Server Tools.

Cloud API for BillingCenter (version 1.15.0)

New endpoints

The following endpoints have been added to Cloud API. If you are doing a core update, you might want to add these endpoints to the appropriate role.yaml files to provide authorization to users and services as needed.

Billing API

  • GET /accounts/{accountId}/db-money-rcvds/{dbMoneyRcvdId}/direct-bill-payments
  • GET /accounts/{accountId}/db-money-rcvds/{dbMoneyRcvdId}/direct-bill-payments/{directBillPaymentId}
  • GET /accounts/{accountId}/db-money-rcvds/{dbMoneyRcvdId}/direct-bill-payments/{directBillPaymentId}/direct-bill-payment-items
  • GET /accounts/{accountId}/db-money-rcvds/{dbMoneyRcvdId}/direct-bill-payments/{directBillPaymentId}/direct-bill-payment-items/{directBillPaymentItemId}
  • POST /accounts/{accountId}/db-money-rcvds/{dbMoneyRcvdId}/distribute
  • GET /accounts/{accountId}/disbursements
  • POST /accounts/{accountId}/disbursements
  • POST /accounts/{accountId}/policies/{policyId}/policy-periods/{policyPeriodId}/audit-preview
  • POST /accounts/{accountId}/policies/{policyId}/policy-periods/{policyPeriodId}/cancellation-preview
  • POST /accounts/{accountId}/policies/{policyId}/policy-periods/{policyPeriodId}/policy-change-preview
  • POST /accounts/{accountId}/policies/{policyId}/policy-periods/{policyPeriodId}/reinstatement-preview
  • POST /accounts/{accountId}/renewal-preview
  • POST /accounts/{accountId}/rewrite-preview
  • GET /charges/{chargeId}/invoice-items/{invoiceItemId}/item-events
  • GET /charges/{chargeId}/invoice-items/{invoiceItemId}/item-events/{itemEventId}
  • POST /disbursements/{disbursementId}/reject-and-hold
  • POST /disbursements/{disbursementId}/void
  • GET /producers/{producerId}/ab-promised-monies
  • POST /producers/{producerId}/ab-promised-monies
  • GET /producers/{producerId}/ab-promised-monies/{abPromisedMoneyId}
  • DELETE /producers/{producerId}/ab-promised-monies/{abPromisedMoneyId}
  • GET /producers/{producerId}/ab-promised-monies/{abPromisedMoneyId}/agency-cycle-promises
  • GET /producers/{producerId}/ab-promised-monies/{abPromisedMoneyId}/agency-cycle-promises/{agencyCyclePromiseId}
  • GET /producers/{producerId}/ab-promised-monies/{abPromisedMoneyId}/agency-cycle-promises/{agencyCyclePromiseId}/agency-promise-items
  • GET /producers/{producerId}/ab-promised-monies/{abPromisedMoneyId}/agency-cycle-promises/{agencyCyclePromiseId}/agency-promise-items/{agencyPromiseItemId}
  • GET /producers/{producerId}/ab-promised-monies/{abPromisedMoneyId}/agency-cycle-promises/{agencyCyclePromiseId}/agency-suspense-promise-items
  • GET /producers/{producerId}/ab-promised-monies/{abPromisedMoneyId}/agency-cycle-promises/{agencyCyclePromiseId}/agency-suspense-promise-items/{agencySuspPromiseItemId}
  • POST /producers/{producerId}/ab-promised-monies/{abPromisedMoneyId}/agency-cycle-promises/{agencyCyclePromiseId}/agency-suspense-promise-items/{agencySuspPromiseItemId}/release
  • POST /producers/{producerId}/ab-promised-monies/{abPromisedMoneyId}/create-ab-money-rcvd
  • POST /producers/{producerId}/ab-promised-monies/{abPromisedMoneyId}/execute
  • POST /producers/{producerId}/ab-promised-monies/{abPromisedMoneyId}/modify
  • POST /producers/{producerId}/ab-promised-monies/{abPromisedMoneyId}/reverse
  • GET /producers/{producerId}/producer-statements
  • GET /producers/{producerId}/producer-statements/{producerStatementId}
  • GET /producers/{producerId}/producer-statements/{producerStatementId}/item-events
  • GET /producers/{producerId}/transactions
  • GET /transactions/{transactionId}

Policy transaction previews

New endpoints allow you to preview the invoice items created as a result of policy transactions before actually executing these transactions. The policy transactions you can preview are cancellations, policy changes, reinstatements, rewrites, renewals, and audits.

Agency bill promises

You can create and query agency bill promises and perform a variety of actions to manage them, including executing, modifying, reversing, and deleting them. You can also specify distributions for agency bill promises and work with suspense items on promises.

Distribute direct bill payments

You can now distribute direct bill payments, either by specifying distribution information when you create the payment or after the payment has already been created. You can retrieve producer statements to know how much is owed to a producer, and you can retrieve distribution items (item events) to verify the details of a distribution.

Account disbursements

You can now create and manage account disbursements using Cloud API.

Producer transactions

You can now use Cloud API to retrieve debit or credit transactions for a producer.