GreenWave Commission
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GreenWave Commissions offers a SaaS-based software suite for the insurance industry. It provides solutions for workflow management, commission management, insurance reporting account integration, multi-carrier payment portal, and more. It also offers software for banking, financial, manufacturing, and law enforcement organizations.
+ Streamline your commissions schedule management with our powerful and flexible solution.
+ Familiar Excel-like, user-friendly interface that is easy to navigate.
+ Create and manage complex hierarchies and commission splits effortlessly.
+ Easily handle career schedules/grids, agency overrides/bonuses, and first-year/renewals.
+ Connect directly to your Agency Management System (AMS) through our Easy Sync feature.
+ Import carriers, lines of business, products, agents, cases, and hierarchies’ data directly from your AMS.
+ Seamlessly integrate with popular AMS platforms such as iPipeline Agency Integrator, Ebix Smart Office & AgencyWare, and more.
+ Enjoy the benefits of fully automated and secure data synchronization.
+ Easy Sync maintains connection integrity, even when your AMS undergoes functional updates.
+ Process and validate each line of all your commission statements efficiently.
+ Utilize GreenWave’s Smartconnect technology to digitize and import statements into the system seamlessly.
+ Support for automated import of ACCORD XML, CSV, TXT, and PDF formats.
+ Stay informed with GreenWave’s alerts, notifying commission managers when statements are imported successfully.
+ Generate multi-carrier payment advices (statements) for each producer and broker in your downlineAutomate the scheduled email delivery of payment advices for enhanced efficiency.
+ Utilize a powerful role-based workflow to verify, approve, post, and deliver payment advices.
+ Offer your producers an alternative Agent Portal option, granting them access to their payment history securely.
+ Share your commission schedules with your producers
+ In-force business shared with producer
+ Pending business shared with producer
+ Gain valuable insights with reports on expected vs. received commissions.
+ Utilize revenue projections to make informed business decisions.
+ Access the Keep Report for a clear view of net revenue.
+ Generate producer compensation grids to ensure fair and transparent compensation practices.
+ Analyze production reports to evaluate agent performance and identify growth opportunities.
+ Enjoy the flexibility of Easy Ad-Hoc Reporting for customized analysis
+ Receive Custom “Built For You” reports tailored to your specific needs.
+ Integrate with QuickBooks and other accounting systems.
+ Have GreenWave enter the checks and direct deposits for you.
+ Direct Deposit NACHA and custom CVS integrations with banks.
+ Expirience automatic and secure accounting integration.
Our concise guide will help you maximize profitability, speed and precision in your business’ commission management process.