Functional Finance

Functional Finance

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Contract Flow·PREMIUM FINANCING

Run your entire premium finance portfolio

When a premium finance agreement is signed, the finance company pays the carrier. The insured repays in installments. Policies cancel mid-term and return premium flows back. Agent commissions split across MGAs and producers. Every one of those events has a precise financial consequence, and most operations are reconciling them manually across spreadsheets and disconnected tools. This platform replaces that.

✓ Stripe Compatible
✓ Processor-Agnostic
✓ No Lock-In

Step 1 of 5

Contract

The source of truth for every billing event

Amendments, renewals, and lifecycle events tracked in sequence

Contract-driven billing
Processor-agnostic
Immutable audit trail

Operational Reality

Billing and payments shouldn't require constant manual work.

When a contract gets signed, the real operational work begins. Invoices need to go out based on terms that vary by customer. Payments arrive across three different methods. A contract gets amended mid-term. Someone asks if their commissions and other payables were calculated correctly after a partial payment.

The Amendment Problem

A customer changes their payment schedule. Now the invoice sequence is wrong, the commission basis has changed, and reconciliation needs to be rebuilt manually.

The Wire Matching Problem

A $14,000 wire arrives. Which invoice does it apply to? Which line item? Is there a partial balance? Three tools need to be cross-referenced before anyone has an answer.

The Commissions & Payables Problem

Your referral partner asks if their commissions & payables statement is correct. You built it in a spreadsheet. The contract was amended two months ago. You're not sure.

How It Works

From signed contract to settled payment.

Every obligation, every payment, every payable: traced back to the contract that created it.

01

Contract

The signed agreement becomes the source of truth for every billing event. Amendments and renewals update the obligation record, not a spreadsheet.

02

Invoice

Invoices generate automatically on contract terms. Scheduled billing, milestone triggers, and event-based charges. No manual invoice creation.

03

Payment

Payments route through your processor of choice: Stripe, Finix, Increase, or lock-box. Each payment matches to a specific invoice line item.

04

Commissions & Payables

Commission and payable splits calculate per your agreement terms the moment a qualifying payment lands. No spreadsheet, no manual calculation.

05

Reconciliation

Every dollar is matched continuously, not at month-end. Accounting exports to QuickBooks, NetSuite, or Xero carry the full contract reference.

Four Portals

Purpose-built views for everyone in your operation.

Contract Flow isn't one dashboard everyone has to share. It's four focused portals, each designed for the specific job that role does every day.

Merchant

Your complete command center: contracts, payments, reconciliation, and reporting in one place.

Agency

Your partners and agents see exactly what they've earned; without calling you to find out.

Customer

Give your customers a self-service billing portal. Fewer support calls. Faster payments.

Finance

The only platform with a dedicated view for premium financing providers. Tracks every loan, every installment, every early delinquency signal.

Finance Portal

Active Loans

142

Total Outstanding

$3.2M

Delinquency Rate

2.1%

Borrower

Policy

Outstanding

Status

Riverside Auto Group

COM-2024-8821

$44,200

Current

Parkside Dental

GL-2024-4892

$12,600

Delinquent

Metro Fitness LLC

WC-2024-3301

$8,100

Current

Early delinquency signal: 2 loans flagged for cure workflow

Review

Real-time delinquency signals

Cure workflow built in

Full loan-to-contract traceability

Customer Portal

Payments your customers actually understand.

Every customer gets a purpose-built portal: contract terms, installment schedule, payment history, and a single button to pay. Fewer support calls. Faster collections.

View contract terms and remaining balance at any time, no login call required

Pay by card, ACH, or request wire instructions directly from the portal

Proactive payment reminders before installments are due, not after they lapse

Policy

GL-2024-4892 · General Liability

Active

Premium Loan

$14,400

Next payment: $1,200 on Mar 15

Platform Economics

The numbers that matter to your operation.

Contract Flow is designed to reduce the manual overhead that compounds as you scale. These are the outcomes operators report after the first six months.

94%

Reconciliation automation

Percentage of payment-to-invoice matches resolved without manual intervention.

2.1%

Portfolio delinquency rate

Average early delinquency rate across portfolios using the built-in cure workflow.

< 48h

Commission payable cycle

Median time from payment collection to commission payable settlement for partners.

Figures reflect operator self-reported outcomes. Individual results depend on contract volume, payment mix, and operational workflow. No guarantee of specific performance.

Works Better Together

Contract Flow and Policy Flow are designed to run together.

When a policy is financed, the premium finance agreement is a contract. That contract lives in Contract Flow. The policy lifecycle (endorsements, cancellations, return premium) lives in Policy Flow. The two platforms exchange events in real time.

Policy Flow

Manages the policy lifecycle: endorsements, audits, cancellations, refunds, and return premium. Every policy event that changes the financial obligation propagates to the contract automatically.

Contract Flow

Manages the financial contract: invoice schedule, payment collection, commission splits, and reconciliation. Receives policy lifecycle events and adjusts billing logic without manual intervention.

Learn about Policy Flow

Built For

Three operators, one platform.

Contract Flow is purpose-built for businesses where an agreement creates a financial obligation that changes over time. These are the three operators who run it every day.

Premium Finance Companies

Track every financed policy from funding to final payment.

Your loan portfolio is a collection of contracts. Contract Flow gives you a purpose-built finance portal with delinquency signals, cure workflows, and full loan-to-contract traceability.

Portfolio-level view with aging buckets and delinquency alerts

Merchant-funded financing: offer at checkout, fund on acceptance

Return premium on cancellation traced to the original invoice line

Insurance Agencies

Show agents exactly what they've earned, without the spreadsheet.

Your referral partners and agents need to trust your commission numbers. Contract Flow calculates and pays commissions from the same contract that drove the payment, so every number is auditable.

Commission statements downloadable per period, no manual prep

Real-time earnings dashboard by contract, policy, and payment event

Commission split logic defined at the contract level, not in a spreadsheet

MGAs & Program Administrators

Stand up a new program and have billing live before you finish onboarding.

MGA-administered programs where billing flows from program terms and commission splits run across MGAs, sub-producers, and carriers. Contract Flow handles the financial layer without custom engineering.

Program billing defined at the contract level, not in a spreadsheet

Multi-tier commission splits for MGA, sub-producer, and carrier

Full accounting export to QuickBooks, NetSuite, or Xero with contract reference

Ready to stop managing the patchwork?

Billing, installment collection, return premium, commissions, and reconciliation: all in one place. Built for the financial complexity of insurance premium finance.