Invoicing software for insurance owners

Insurance invoicing software

Your commission arrives on its own schedule, which trains everyone to wait, and your advisory fees have no such schedule. Smarfle invoices that work at completion from the client record with the analysis attached, so the fee lands while the value is still obvious.

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Smarfle · Insurance Invoice

Invoice

INV-00142

Issued recently

Sent · awaiting payment

Bill to

Sarah Johnson

123 Oak Street, Orlando FL 32801

Labor. 2.5 hours @ $95/hr

$237.50

Parts. Replacement components

$142.00

Service call · diagnostic

$80.00
Total$459.50
Sent via email · PDF attached
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Real Smarfle UI · Live data from your insurance CRM

Why generic invoicing software fails insurance owners

Generic invoicing tools weren’t built for insurance. Smarfle was.

Generic invoicing software

What everyone else gives you

  • Advisory fees billed days after the consultation
  • Splits are tracked by hand, which produces an error at every closing
  • Retainer documents are raised by hand, so they go out late

Smarfle for insurance

Built for your actual workflow

  • Advisory work bills at completion from the client record rather than drifting
  • The arrangement is held on the record, so each side's document is produced rather than calculated
  • Fee arrangements run to their own schedule, kept apart from commission business
Step-by-step

How insurance invoicing works in Smarfle

From the first touch to the closed loop. No missing pieces.

  1. 1

    Advisory work recorded against the client

    Fee-based work is tracked separately from commission business, so the two do not end up waiting on each other's timelines.

  2. 2

    Invoice raised at completion

    Advisory work bills when it is delivered, because it has no commission schedule to arrive on its own and will otherwise drift.

  3. 3

    Fee work kept separate from commission

    The client sees what they are paying you for directly, which is a different conversation from what a carrier pays you and should look like one.

  4. 4

    Ongoing arrangements billed on their own cadence

    Where a client is on a fee arrangement, it runs to its own schedule rather than being raised whenever someone notices it is overdue.

  5. 5

    Supporting documents attach to the invoice

    The analysis or recommendation the fee relates to travels with the bill, so the value is in front of the client as they read the number.

  6. 6

    Payment link on the document

    The client settles from the email rather than being asked for bank details, which is a smaller ask at the moment they are least engaged.

Where insurance invoicing breaks down

The friction every insurance owner recognizes.

✕

Commission trains everybody to wait

Carrier money arrives on its own schedule whether or not anybody does anything about it. Fee work has no such schedule, and the habit of waiting gets applied to it anyway.

✕

The fee is small and the work is not

An advisory piece takes a week and earns a fraction of what a policy does. It is the easiest thing in the agency to deprioritize and the first thing to go unbilled.

✕

Renewals are watched by one person

Policy dates live in a spreadsheet somebody built themselves. When that person is on vacation, or leaves, the annual conversation that keeps the client simply does not happen.

The math for insurance owners

Half the fees sit past 30 days

Twenty-six advisory files a quarter, billed anywhere from two weeks to two months after the work landed, leaves about thirteen of them sitting beyond thirty days. That delay is not the client's doing. It is the gap between finishing and raising, and it closes without anybody renegotiating terms.

26

Advisory files a quarter

14-60

Days to invoice after

~13

Fees drifting past 30 days

Based on typical insurance operations. Your numbers may vary.

Insurance invoicing software questions

Yes, from the client record when the work is delivered. It has no commission schedule carrying it, so without something forcing the moment it drifts for weeks.
Not as a calculated field. There is no commission engine reading carrier statements. What you can do is hold the arrangement on the record and raise the fee side of the relationship from it, which is the part clients pay you for directly.
Yes, held on the client with its own dates. That keeps fee income from waiting on whatever the commission side happens to be doing that month.
They can be prompted from a date you set on the record. Worth being clear that Smarfle does not read policy data from a carrier, so the dates are ones your agency maintains.
From your own fields and reporting, yes. Renewal status is data you keep on the record rather than something pulled from a carrier feed, which means it is only as current as the person updating it.

Moving your insurance invoicing software off another tool?

Most insurance businesses arrive at Smarfle from one of the tools below. See a side-by-side comparison.

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