StoneRiver, a provider of strategic core operational solutions for the insurance industry, announced the availability of its Billing Stream-Direct solution.

The new billing solution is a component of the StoneRiver Stream solution set, an enterprise insurance administration solution built on service-oriented architecture with an embedded enterprise service bus. The customizable Internet user interface has been optimized to provide a user experience that focuses on ease of use, speed and Web effectiveness. Agency billing capabilities will be added this summer.

The Billing Stream solution maximizes real-time processing and supports standard direct bill functionality, including single policy- and account-level billing, and multiple payment options, such as electronic funds transfer, credit cards, mortgagee billing, and payroll deduction. The solution also includes Workers' Compensation capability.