""Specialized Business Software"":http://www.specializedbusinesssoftware.com, a provider of custom software solutions for insurance, mortgage and financial services companies, announced the release of its web-based X12 EDI Translator.[IMAGE] [COLUMN_BREAK]
The solution allows mortgage servicers and insurance tracking companies to translate insurance policies from the X12 format into a more readable form, the Cleveland, Ohio-based company stated in a release. It also decreases costs and saves time by removing the need to develop and maintain an internal electronic data interchange (EDI) system.
The X12 EDI solution translates X12 data and sends it to the company's insurance tracking system while automatically handling the acknowledgement file.
""Our X12 solution enables servicers and trackers to process X12 insurance data faster and more efficiently while ensuring greater accuracy, which reduces time and risk for the institution,"" said Steve Wiser, president of Specialized Business Software. ""There is no programming needed or any software to install; clients can start receiving insurance policy data electronically immediately.""