Also unique to MIP is our billing model. There is no upfront capital outlay for MIP's financial administration systems, and no hidden billing. Instead, we share your risk while helping you to grow your business. By creating partnerships with our clients, your success is in our best interest, which is why some companies have been with MIP for over 18 years.
We have a risk-based billing model, which means monthly billing is negotiated and linked to your business's key performance indicators e.g. member count, policy count, number of basis points of assets under management. This model includes all product development, technology upgrades and new value-added systems. We uniquely offer general ledger and financial integration as an integral part of the solution.
This billing model enables MIP and you to accurately predict your company's IT administration expenditure, the only variable being the growth of your business.