Rebilling and the advisory fee statement

Some firms pay the carriers and invoice the client for the charges plus a fee. DemarcLabs keeps that honest for both sides: the advisor invoice is read like any bill, each line is matched to the carrier's own bill for the month, and the fee shows as a fee.

1. Set the fee rule on the client's Advisor invoices page: a percentage of the carrier charges, a flat amount per month, or a share of audit savings, with exceptions for particular services.
2. Upload each advisor invoice. The lines are matched to the carrier bills and the fee is checked against the rule, so a markup that drifts or a carrier bill that is missing shows up line by line.
3. The fee statement lists, for the period, what the carriers billed, what the fee was and the total, per service. The client sees the same statement, because they are the one paying it.