POST-SETTLEMENT CASE MANAGEMENT PROCESS Created by ChecklistGuro (https://checklistguro.com) [ ] Retrieve Settlement Details: Fetch the finalized settlement amount, date, and party details from the Settlement Data Model. [ ] Fetch Pending Claims: Retrieve all outstanding claim entries associated with the specific case ID. [ ] Calculate Total Payout Liability: Sum the individual claim amounts to determine the total financial obligation for this settlement. [ ] Calculate Transaction Fees: Calculate the administrative and processing fees based on the total settlement amount percentage. [ ] Create Disbursement Record: Generate a new entry in the Disbursement Data Model to track the scheduled payment. [ ] Update Settlement Status: Change the status of the original Settlement entry from 'Settled' to 'Post-Settlement Processing'. [ ] Assign Funds Verification Task: Create a task for the Finance Department to verify that sufficient liquidity is available in the escrow account. [ ] Assign Document Compliance Review: Create a task for the Legal Team to ensure all release forms are signed and archived. [ ] Update Claim Status to 'Paid': Update all retrieved claim entries to reflect the 'Paid' status once funds are released. [ ] Notify Counterparties: Send an automated email to all involved parties confirming the completion of the settlement and payment details. [ ] Alert Beneficiary: Send an SMS notification to the primary beneficiary informing them that funds are being processed. [ ] Create Audit Log Entry: Generate a permanent record in the Audit Data Model documenting the final distribution of funds. [ ] Generate Post-Settlement Summary Report: Compile a final report summarizing the total payouts, fees, and completion timestamps for the case archives. [ ] Remove Temporary Processing Flags: Delete temporary workflow flags or transient entries used during the calculation phase. --- END OF TEMPLATE --- Transform this text into a digital, automated, and trackable mobile app! Visit: https://checklistguro.com/workflow-templates/case-management/post-settlement-case-management-process (Click "Install Template" to launch your digital inspection tool immediately)