SmartPay

What is SmartPay?

SmartPay is the industry's leading Pay-As-You-Go (PayGo) platform for workers' compensation premium billing, offering an SFTP integration with the isolved platform.

SmartPay is a provider of Pay-As-You-Go (PayGo) insurance payment solutions, specializing in workers’ comp and other lines of insurance where premiums are based on variable exposures. We offer a single-source PayGo solution to insurance providers, agents, payroll companies, and policyholders an end-to-end, flexible billing experience. What sets SmartPay apart is our ability to support local retail agents, allowing them to remain the broker of record and maintain their valued client relationships while leveraging the benefits of a modern PayGo program. This unique approach enables Network Partners to expand PayGo adoption without disrupting existing distribution channels or broker relationship.

SmartPay provides a flexible solution that connects isolved Network Partners, insurance providers, agents, and policyholders to deliver real-time Pay-As-You-Go premium calculations based on actual payroll data. It improves cash flow, reduces audit surprises, and simplifies the entire billing process.

What are the benefits of using SmartPay?

SmartPay helps organizations streamline insurance billing, improve cash flow management, and reduce operational complexity. By automating premium calculations based on actual payroll data, SmartPay enhances accuracy, minimizes audit surprises, and offers the advantage of zero down payment requirements at both policy inception and renewal.

Organizations gain visibility into their insurance costs with flexible billing options that fit their needs. SmartPay’s payroll-savvy support team understands the unique challenges of insurance billing, providing expert guidance when needed.

The result is a more predictable, transparent billing process that helps organizations focus on what matters most while maintaining full control and flexibility.

How does SmartPay work?

Once configured, payroll data flows automatically from isolved to SmartPay via third-party exports based on the client’s payroll schedule. SmartPay calculates the workers’ compensation premium in real time, withdraws the correct amount, and transmits both payroll and premium information to the insurance carrier in the required format. After initial setup, the integration runs entirely in the background.

SmartPay supports flexible PayGo billing options, so organizations can choose what works best for their business. A single integration provides organizations with access to a large network of insurance carriers, giving them the freedom to work with any provider while maintaining a simplified billing process.

If you are an employer currently using this app and have questions about the integration, please contact your isolved Customer Service Representative.

If you are an employer interested in learning more about this app, please use the Contact Us button above to be connected.