“A One Stop Life, Health, and Annuity Resource.”

GreenWave Commission

GreenWave Commission

The ONLY enterprise-grade commission management system

dedicated to the Insurance Industry.

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.

Key Features

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Commission Grids

+ 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.

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Hierarchies, Policies and Cases

+ 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.

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Automatic Statement Delivery

+ 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.

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Agent Portal

+ 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

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Reporting

+ 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.

Reporting

Accounting and Payment Processing

+ 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.

How can you can find more than $100,000 in your business?  With a commission management process that works.

Our concise guide will help you maximize profitability, speed and precision in your business’ commission management process.

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