# PayerBeacon > PayerBeacon helps independent medical practices compare payer contracts with payment reports, find underpaid claims, and organize recovery work. ## Overview PayerBeacon gives billing teams one place to review payer price lists, check payment reports, compare payments with contract rates, and track follow-up. It accepts supported CSV, Excel, PDF, ERA/835, EOB, and clearinghouse files. ## What it does - **Reviews payer price lists**: Turns supported CSV, Excel, and PDF files into service rates that a team can check. - **Shows the source**: Each rate includes source details and a review signal so users can verify it before approval. - **Finds underpayments**: Compares payments in ERA/835 and EOB reports with approved contract rates and shows the difference. - **Protects sensitive data**: Files are isolated and scanned before processing. Common identifiers are removed from extracted text. - **Tracks contracts**: Keeps contract versions, rate changes, renewal tasks, and supporting details together. - **Supports recovery work**: Organizes the payment, contract rate, and evidence needed for payer follow-up. - **Keeps work separated**: Each practice has its own workspace with role-based access and an activity record. ## Current security wording Current rate extraction runs on PayerBeacon infrastructure. The public site does not claim a certification. Customers should review the current controls, subprocessors, and contract terms with their security and legal teams. ## Public pages - Platform overview: https://payerbeacon.com/#product - How it works: https://payerbeacon.com/#how-it-works - Security: https://payerbeacon.com/#security - Terms: https://payerbeacon.com/legal/terms - Privacy notice: https://payerbeacon.com/legal/privacy - Business Associate Agreement: https://payerbeacon.com/legal/baa - Full product specification: https://payerbeacon.com/llms-full.txt