Diesta provides a payment processing platform that automates the reconciliation and distribution of insurance premiums, enabling parallel processing of split payments for faster payouts. This technology reduces administrative costs and enhances revenue generation by allowing sales teams to focus on selling rather than chasing payments.
Funding
$5.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
FCSSNFounders
Product
Problem
Insurance premium processing often involves manual reconciliation and distribution, leading to administrative overhead and delayed payouts. Sales teams spend excessive time chasing payments instead of focusing on revenue-generating activities.
Solution
Diesta offers a payment processing platform designed to automate the reconciliation and distribution of insurance premiums, enabling parallel processing of split payments for faster payouts. The platform reduces administrative expenses by automating billing and statement production. It provides a single view dashboard that flags payment delays and key business statistics, offering full transparency. By streamlining premium processes, Diesta allows sales teams to focus on selling and underwriting, ultimately increasing revenue generation.
Target Audience
Diesta targets insurance companies and agencies looking to streamline their premium processing, reduce administrative costs, and accelerate revenue generation.
Features
- Automated reconciliation of payments, including semi-automatic billing and statement production
- Parallel processing of split payments for faster payouts without chain dependencies
- Single view dashboard providing transparency on payment status and key business statistics
- Automated flagging of payment delays
- Easy integration with existing systems