Insurance Accountants Launches Applied Epic Financial Management Service

Insurance Accountants, a firm specializing in financial services for insurance agencies, has announced an expanded financial management service specifically designed to integrate with the Applied Epic agency management system. This new offering aims to tackle the operational inefficiencies and accuracy issues that often plague agencies relying on manual bookkeeping and inconsistent data practices. The core of the service is a structured Applied Epic accounting framework that streamlines the entire financial workflow from initial onboarding through daily operations. By establishing consistent accounting structures and collecting necessary system credentials, the service minimizes disruption, allowing agencies to receive comprehensive support including transaction reviews, payroll processing, and vendor payments directly within the platform.

The service comprehensively addresses critical financial functions, simplifying the handling of direct bill, agency bill, and producer commissions. Insurance Accountants provides detailed reconciliations, prepares and manages invoices and collections, and issues transparent commission statements with clear breakdowns. A key feature is the weekly accounts receivable reporting, which gives agency leadership an updated, real-time view of outstanding balances to support better cash flow management and oversight. Beyond these daily tasks, the firm elevates its offering with strategic financial analysis designed to support long-term agency performance. This includes variance reports, organized financial statements, and revenue insights that help leadership teams evaluate trends and make data-driven decisions, ultimately reducing administrative burdens and freeing staff to focus on client service and growth.

Positioned as a true partnership model, this Applied Epic integration connects agencies with accounting professionals who possess deep knowledge of insurance operations. These experts collaborate directly with an agency's internal teams and external CPAs to build a reliable financial framework. As the insurance industry increasingly adopts centralized management systems like Applied Epic, EZLynx, and AMS360, Insurance Accountants is positioning itself as a vital support partner. The firm encourages agency owners and managers to explore how these specialized, platform-aligned services can enhance financial organization, improve reporting accuracy, and contribute to overall operational stability and efficiency.