Authored on: Nov 09, 2012
This 8-page eBook from Vertafore educates carriers on the basics & importance of Producer Lifecycle Management (PLM), & how these processes can be adopted, optimized & automated. Managing the producer lifecycle often involves disjointed processes, manual and redundant data entry, and efficient transactions across multiple internal systems.
Efficient Producer Lifecycle Management (PLM) accelerates producer sales authorizations by automating the transactions required to get and maintain requisite credentials and selling relationships, while adhering to regulation and upholding compliance. Automated PLM increases operational efficiency and is a key part of a strategic distribution management plan, enabling efficient, scalable growth in any market.