Innovation. Integrity. Performance.
Automatic Sync With Industry Systems
Collecting commissions, policies and agency hierarchy data from carriers today is error prone and time consuming process. Information comes in varied formats and with scant details. XXXX aggregates the data from carrier sources, AMS systems and SureLC into a uniform database format, eliminating errors and inconsistencies of multiple Excel and manual data inputs, and replacing it with a single integrated platform.
By moving this process to the SaaS platform we apply economies of scale, learning and devising uniform solution for all our clients.
XXXX is the ultimate uniform solution for hundreds of thousands of loyal SuranceBay users across the U.S.
Integration with Accounting and SureLC
Efficient and error-proof bookkeeping is crucial for reliable outcomes. XXXX reconciles incoming bank payments with commission statements and posts calculated distributions to the payment subsystem.
XXXX 2-way communication eliminates mundane bookkeeping tasks, allowing commission workers and accountants to quickly identify discrepancies in commissions that need resolving prior to payment distribution.
Seamless integration with SureLC(™) turns the agency’s commissions system from reactive to proactive. New producers are added and are kept synchronized in both systems. Producer contracting records in SureLC(™) are supplemented with legacy contracts, hierarchies, and 3rd party records from the commissions system. XXXX compares commission grids from contracting requests with carrier records and actual commissions paid. The software catches discrepancies automatically.
Flexible Rules
Most of the agencies today choose to manage commissions in-house to overcome the constraints of conventional carrier rules.
Flexible commission grids provide the basis for the majority of commissions splits, supplemented with flexible rules adjusted to the agency’s way of doing business.
Agency Commissions believes that in today’s world of complex relationships, a commissions system should be a tool to effectively incentivize distribution.
An ability to add flexible compensation rules for your marketers, in-house agents and affiliations based on line of business, carriers and campaigns gives you great flexibility to do so.