Description
This practical workshop takes a close look at the processing of claims bordereaux when managing binder agreements. Participants will acquire a thorough understanding of claims bordereaux and their significance. Delegates will also gain practical skills for accurate analysis and interpretation and best practice for ECF presentation and cash calls. The workshop includes hands-on exercises and analysis.
What you will learn
Course Contents
Understanding Bordereaux
• Introduction to bordereaux
• Importance and purpose
• Types of Bordereaux reports
Expected Contents and Accuracy Assessment
• Defining expected data contents
• Setting tolerances and thresholds
• Techniques for assessing accuracy
Detecting Anomalies and Resolution
• Identifying irregularities and anomalies
• Strategies for data validation
• Resolving discrepancies and errors
Resolving contradictions and discrepancies
• Recognising contradictory data
• Investigation techniques
• Reconciliation methods
Binder Claims Presentation on ECF
• Overview of Electronic Claims Files (ECF)
• Linkage between UCRs and BDX
• Efficient management of Binder Claims
Understanding Cash Calls in Binders
• Fundamentals of Cash Calls
• Importance in Binder Agreements
• Fund transfer processes
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