Collection System
24x7 Client Access
Paperless Filing
E-Speed Arbitration Filing
Skip Tracing
Reporting
Security
Payment Processing
At Paragon, we believe that investing in and utilizing the
best available technologies enables our staff to maximize
productivity, shorten file processing cycles, and collect
more money for our clients faster than any other subrogation
company.
Collection System
We employ a highly secure Web-based claims management system,
an effective scanning and imaging system and high-speed online
filing capabilities to provide the most cost-effective service
for our clients. By sending files electronically to Paragon,
customers have lowered their costs and Paragon has improved
file cycle times. In addition, this technology enables us
to customize reports based on each client’s requirements.
24x7 Client Access
Utilizing Paragon’s technology, you will have access
to our secure file management system and can review any
file at any time—24 hours a day, 7 days a week.
This real-time audit capability allows you to view all file
details including contact documentation, file status, and
conversation records. You will see the same screen our staff
members see. We pride ourselves on the level of detail and
thorough documentation of our recovery efforts, and welcome
the opportunity to prove it to you—anytime you want
to see it.
Paperless Filing
Our clients have the option to submit their files to Paragon
on-line. This paperless file system has reduced data entry
time, eliminated the need for time-consuming drop-filing of
both inbound and outbound correspondence, and decreased data
retrieval time—improving overall customer service and
operational efficiency.
E-Speed Arbitration Filing
Paragon utilizes the most advanced technology in the subrogation
industry to manage our clients’ files, including the
E-Speed arbitration filing system, which reduces arbitration
file cycle time significantly. As the first company to receive
the designation of E-Speed Specialist, we are widely
recognized for our technological expertise and for creating
incremental value for our clients. We were recently selected
as one of three companies nationwide to beta-test the next-generation
of Arbitration Forum’s online arbitration system, which
promises to provide further significant time savings and improved
client cash flow.
Skip Tracing
Further, as part of our recoveries process, we consistently
utilize leading independent skip tracing technology to ensure
we have exhausted all available recovery channels and maximized
claim recoveries.
Reporting
Our reporting module includes both standard and custom formats.
Our standard reports include placement, status and closure
reports, as well as to-the-penny accounting included with
each monthly disbursement. Our custom reporting capability
allows each client to specify the format, the content and
the frequency of reports.
Security
To ensure information security, we maintain strict procedural,
physical, and electronic policies and employ leading technology
to maximize protection and privacy. In addition, to protect
our clients’ interests, we employ a comprehensive Business
Recovery Plan designed to quickly address any potential service
interruptions.
Payment Processing
Finally, we are able to accept online payments from claimants
through our secure Web site, facilitating quicker collections
for our clients. We accept payment via most major credit cards,
debit cards, and pay by check online.
To request more detailed information on Paragon’s technology
and how it leads to higher returns for our clients, click
here.